09/29/1982-CC-Minutes-SpecialSpindle the/v made the motion that the public hearing be conducted
on September 29, 1982 at 6:00 P. M. at City Hall. Bridges gave
the second. Voted unan.
Meeting adjourned.
ATTEST:
4
City Se ary
MINUTES: Special Called Meeting
September 29, 1982
PRESENT: Mayor Cole, Thomas, Spindle, Adkins and Inman
ABSENT: Benny Bridges
OTHERS
PRESENT: Lloyd Henderson, Mary Jo Stover, and Carlos D. Brown
1. Mayor Cole declared the Public Hearing on the tax rate increase
open. Mr. Carlos D. Brown was the only citizen that attended
the special tax rate hearing.
--- Mayor Cole explained in detail why the city felt it necessary
to exceed the 3% limit. The effective rate which the County
Appraisal District figured for the City was .3252. To pay
for the landfill bonds .08� is necessary to take care of the
indebtedness, .01� for cost of insurance increase, .01� for
the city's part on the new fire station, .012� due to inflation,
and .01� to hopefully create a small surplus in the operation
fund. Total increase to be .45�.
M
r. Brown stated he did not attend the meeting to complain,
but to get a better understanding of the need for the increase.
He stated he did not feel his property was over valued or the
rate too high. He stated he appreciated what council had to
say.
Mayor Cole closed the public hearing and announced that the tax
increase would be voted on at the next regular meeting on
October 4, 1982 at 6:00 P. M., at City Hall.
Danny Spindle made the motion to adjourn. Freddy Inman gave
the second. Voted unan.
ATTEST:
Ci y SEgerary