Newton City Commissioners covered a variety of agenda items at their Tuesday meeting, including the ABI Chemicals project.
The company will be occupying a new 20,000 sq. ft. manufacturing facility being constructed at the Newton City/County Airport. The facility will produce next-generation aerospace coatings used in aerospace manufacturing processes being developed in conjunction with Wichita State's National Institute for Aviation Research.
At the meeting, commissioners approved a financing proposal from Moundridge-based Citizens State Bank, which also has several locations in Newton. Total cost of the facility and interest is approximately $12.17 million. ABI will repay the loan through lease payments.
Commissioners also approved an ordinance authorizing commencement of eminent domain proceedings to acquire street right-of-way, drainage and utility easements needed for the construction of street improvements along South Kansas Avenue.
There are three property owners and four tracts in question. City Attorney Bob Myers said the goal is still to try to negotiate with the owners.
In other business:
- Received a report from the Convention and Visitors Bureau. New coordinator Melody Spurney reported she is working on establishing a better web and social media presence for the organization. The website is tonewton.com, and the bureau also can be followed on Facebook and Twitter.
- Received the 2013 audit.