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Thursday, May 5, 2016

Parking, late tax draw considered by City Council

Wednesday, January 29, 2003

Tuesday night, Mayor Kenneth Crabb pulled from circulation an ordinance to ban parking on the south side of Mechanic Street. Ordinance 2, 2003 would have been considered for second reading.

"I spoke with Mike and Paula Morris at length last week and they want to work with Layton Britt with the railroad property," Crabb said. "They want to keep the best relationship with Mechanic Street property owners."

In other action, the council approved on first reading Ordinance 3, 2003, authorizing the city to borrow money thorough tax anticipation warrants. The move was made to head off the possibility of a late tax draw plunging the city deep into the red.

"We'll get $1.2 million in taxes, but we don't know when. The first tax draw could be as late as September," Crabb said.

The city also received payment for property at 503 S. Chicago Ave. The property was cleaned up by the city and recently sold.

Finally, the council approved the second reading of Ordinance 1, 2003 which annexed 16.86 acres of land off White Rock Road. The property is owned by Brad Emmert.

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