HILLIAR TOWNSHIP — At its regular meeting Tuesday, the Central Ohio Joint Fire District Board voted to pay off the balance of what the district owes Hilliar Township for the purchase of the district fire building. This was the first step in developing a plan to finance the remodeling of the building to better accommodate the future needs of the district.
The board has determined that eliminating the debt secured by the building will be necessary for any loan it obtains for the remodeling because any lender will require a first mortgage on the building.
“This is the starting point to get this thing started,” said board Chairman Tom Stewart, adding that he wants to have a plan determined by April.
Board member Tim Eyster said he didn’t like the idea of giving up “free” money (the district is paying off Hilliar Township without interest), but agreed this is the needed first step.