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~`'J March 1, 2005 The Mooresville Town Council met in regular session an Tuesday, March 1, 2005, at 6:30 P. M. at the Mooresville Tawn Hall. Council members present were: President Tom Worthen, Tray Bryant, Jahn L. Clark, Toby Dolen, and Eric Shields. No members were absent. Town attorney Tim Currens was present. Tom Worthen gave the prayer. A motion was made by Councilman Dolen with a second by Councilman Clark to approve the minutes of February 1S, 2005. Motion carried S-0. Kevin Schultheis from the Mooresville Junior Baseball League requested permission for their annual parade to be held on Saturday, April 16, 2005, at 8:00 A. M. The parade will start at Mooresville High School and go south on Indiana Street to Main Street to Indianapolis Road and up to the park. He has already talked with Danny Allen from the Police Department. A motion was made by Councilman Dolen with a second by Councilman Clark to approve the parade. Motion carried S-0. Next was a Public Hearing for an agreement to form a Fire Territory. Greg Swinney, from the audience, spoke about not wanting to lose Life Star Ambulance service. He said he was willing to pay a lot more for a personal touch and he didn't think he would get that from a private company. Jim Hensley, North Indiana Street, asked if Mooresville didn't have a private ambulance company here at one time. Councilman Worthen said approximately ten or eleven years ago this happened. Mr. Hensley asked what happened. Tom said he thought the company decided to pull out of the contract due to financial reasons and due to circumstances beyond their control within the Town. Mr. Hensley asked if private companies had been contacted far prices on maintaining two ambulances here in the Town of Mooresville. Mr. Worthen said. he had spoken to two contract companies and he hadn't Batten a definite answer back on two ambulances. In discussing one ambulance one of the companies quoted a price of $SOO,000 less revenues and the second company had priced an ALS ambulance at $225,000 less revenues. On a second ambulance there are no more revenues to deduct from the cost. Mr. Hensley asked if they had determined what the territory was going to cost the citizens of Mooresville as far as property tax. Tom Worthen these numbers were from a certified public accountant and based on two different ways of funding the plan, the first one is with a cash balance starting up with revenues from both the Tawn and the township at the end of the calendar year estimated tax an a home in the civil Town of Mooresville with a market value of $ l 00,000 the tax increase would be $63.00 per year, with a market value of $150,000 the tax increase would be $114.00 per year, and a market value of $200,000 the tax increase would be $164.00 per year. The second way of funding is to borrow start money in the form of a Tax Advance Warrant, we would actually borrow half ofthe money that is needed for a term of one year and on a house with a market value of $100,000 the tax increase is $65.00 a year, on a pause with a market value of $150,000 the tax increase is $118.00 a year and on a house with a market value of $200,000 a tax increase of $171.00 per year because of the interest that would be paid on that loan. Mr. Hensley asked if this was bringing Brown Township in to 1Vlaaresville Fire Department, or Mooresville in to Brown Township Fire Department, or on equal basis. Tom Worthen said Mooresville Fire Department and Brown Township Fire Department would be, in essence, closed. The employees of the respective departments would then become employees of the territory, the administrative portion of that would be set forth by the board consisting of two elected officials from Town Council and an elected official from the township government from the advisory board ar the Township Trustee. 1V1r. Hensley said so, the way it stands now we wouldn't know who would be Chief of the Fire Department? Tom Worthen said, no, we would not. Mr. Hensley asked if Brown Township was in a financial crunch right now and Al Hornaday answered, yes, we would not be able to operate in 2006. He said ambulance service is where they were taking a beating. We were running at about $175,000 shortfall last year and we're looking at the same thing this year. Ambulance service is 70% or greater of all departments. Brown Township taxpayers have kept the ambulance service running far twenty years. The township is