Bartholomew County Commissioners are proposing a new county fund that would allow the county to save up for large building projects. Estimates are that the capital development fund would bring in $698 thousand dollars the first year and almost $1.4 million in the second year. Once fully implemented it would cost the owners of a $100,000 home about $11 a year if they live in their own home.

Up until now, the commissioners have held off on creating the capital development fund. But until recently, they thought the power to create such a fund was entirely under their control. During a presentation last week, Commissioners President Carl Lienhoop said that they now agree that the fund is needed, but they also will have to appeal to the County Council to fund it.

Lienhoop laid out a schedule for public hearings and various approvals that would start in March and end in April. But council members said they wanted time to consider the issue and could take until August to finalize any plans.

The County Council meets at 6 p.m. Tuesday in the Governmental Office Building on Third Street in Columbus.