00;00;00;05 - 00;00;08;27
Harold Mason, Jr.
You know, it's evident that this council wants to see this happen. But we have to be good stewards of city and taxpayers dollars.

00;00;08;29 - 00;00;33;13
Stephanie Wiechmann
Muncie City Council members say they are in agreement with council member Harold Mason Jr. They are the second elected council to consider the cost of replacing Fire Station six at McCullough Park, and how the city will pay for it. Introducing the ordinance at Monday's meeting, Muncie Mayor Dan Ridenour wants to pay for an already announced $8 million proposal with municipal bonds. Ridenour has been reluctant to borrow money for other projects in the city, like paving major roads for this project.

00;00;33;13 - 00;00;39;14
Stephanie Wiechmann
He says repayment money will come from the EDIT tax fund he controls as mayor, and an EMS fund controlled by the fire department.

00;00;39;15 - 00;00;45;13
Dan Ridenour
And I also want to make it clear that no other city department will be getting reduced funding because of the EDIT funds paying for this.

00;00;45;18 - 00;00;58;19
Stephanie Wiechmann
Council member Nora Powell says the bond agreement includes a provision to use a property tax levy to pay for the bonds if those existing funds run out of money. She asked Ridenour for assurances several times that the city won't need to raise taxes.

00;00;58;19 - 00;01;11;24
Nora Powell
Because I know that that does happen, not under your administration, but in the past that has happened where where, unfortunately, the bond wasn't covered by the initial entity that was supposed to cover it.

00;01;11;27 - 00;01;27;07
Stephanie Wiechmann
Council members also had differing opinions on whether or not the $8 million price tag for one new fire station is too expensive, given all city stations need replacement or renovations. The bond ordinance will be up for second reading next month. In Muncie. Stephanie Wiechmann, IPR news.