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Mayor's Corner

KEVIN HURST
Mayor, Safety & Economic Development Director 

Dear Residents and Friends,

As we start the sixth month of the year, the Village is still operating with a balanced budget for 2018, as we projected in the month of November 2017. Our community leaders have worked as a team on many different levels to continue to provide the same standards that we have always offered with less employment and more efforts from all employees.

In this article, I would like to comment on the operations of the Community Center located at 14660 Alexander Road and clear up any misunderstandings concerning this facility.

We purchased and took control of the 12,000 square foot building at the end of 2016. The property included 5 acres of land, a six car garage (2,000 square feet), and a house with approximately 2,523 square feet. Our Village paid $450,000 for the property. Walton Hills invested approximately $100,000 to completely renovate the 12,000 square foot building, and did 90% of the work in-house by service department employees. The facility opened during the second week of May 2017.

I am ecstatic to report that to date we have had 71 rentals between the multi-purpose room and banquet room. We also have several opportunities for reoccurring renters, which will be finalized in the near future. Not to mention, there are also five rentals already booked in 2019! To operate the facility, our monthly utilities and internet service cost roughly $1,200 per month or $14,400 annually. We also have an excellent banquet coordinator who is paid $300 per week or $15,600 annually. Our goal is to pay down the debt on the property over the next twenty years, which means we would have to pay down approximately $27,500 per year to reach that goal. There is not a standard ‘mortgage’ on the property. Each year we issue bond anticipation notes, which are short-term interest bearing bonds. With the income generated from our rentals, we are very close to covering all costs associated with the facility. To be this successful in our first full operational year is a great achievement thanks to the hard work of many.

As of May 2, 2018, the home that was purchased with the Community Center has been placed on the market along with one acre of land. We hope with the sale of this property, to pay off our investment sooner. Please take notice of the transformation taking place at the Northfield Road/Alexander Road intersection. After many years of discussion, we are working with all involved utility companies and the State of Ohio to make much needed improvements to our infrastructure.

I hope that you’ll be able to enjoy June’s sunshine and warmer weather! Please remember that you don’t have to wait for a public meeting or a scheduled program to ask me questions regarding the Village. Don’t hesitate to stop in the Village Hall to talk to me. You can also call the Village Hall at (440) 232-7800 or send me an email: mayor@waltonhillsohio.gov. My goal is to serve you and your family to the best of my ability.

Sincerely,
Kevin Hurst
Mayor/Safety Director, I.G.I.T.