HIGHLAND | The Town Council has created a building corporation that will oversee the construction and financing of a new police station.
With a unanimous vote, the board approved the corporation and a three-person board of directors consisting of Frank Van Til, Chuck Hoffman and Kevin Knight.
"The corporation board's first meeting is expected in the very near future," said Councilman Mark Herak, I-2nd.
A nonprofit corporation is common for municipal building construction to handle the tax exempt bond issue, which brings lower interest rates, board members said.
The building will cost about $10.2 million.
"The timing's right" with finances and construction costs, Scott Cherry, senior vice president of The Skillman Corp. of Merrillville, said in October when the council officially approved the project.
The building, which will be called the Public Safety Facility, will be 25,190 square feet and stand next to Town Hall, at the northeast corner of Ridge Road and Cottage Grove Avenue.
The current station, which occupies the Town Hall basement, is only 8,000 square feet and presents a "standing room only" situation, board members have said.
The design work began in October and will be presented to the council by April 15.
After the project is approved, the contractor bidding process will begin. Bids are scheduled to be opened May 5.
After the winning contract is awarded, a notice to start construction is expected May 13.
Council President Dan Vassar, D-3rd, said the new station is slated to open by July 15, 2015.
In other business, the council created two new revenue-receiving categories in the town budget — the public safety income tax fund and the economic development income tax fund.
The new funds are required for the town to receive its portion of the new Lake County income tax.