{"id":104,"date":"2008-11-18T13:16:00","date_gmt":"2008-11-18T19:16:00","guid":{"rendered":"https:\/\/elktonky.com\/wordpress\/?p=104"},"modified":"2008-11-18T13:16:00","modified_gmt":"2008-11-18T19:16:00","slug":"august-24-2010-special-council-meeting-minutes","status":"publish","type":"post","link":"https:\/\/elktonky.com\/es\/news\/august-24-2010-special-council-meeting-minutes\/","title":{"rendered":"Acta de la reuni\u00f3n especial del Consejo del 24 de agosto de 2010"},"content":{"rendered":"

Acta: Reuni\u00f3n Extraordinaria del Concejo Municipal<\/span>
August 24, 2010<\/span>
5:30 PM<\/span>


The Elkton City Council met in special session on Tuesday, August 24, 2010 with Mayor Nancy T. Camp presiding. <\/span>

Miembros del Concejo Municipal presentes: Doug Gibson; Eugenio Jefferson; Danny Laster; David Powell; Cindy Sidebottom; y Jimmy Scott.<\/span>

Others present: City Clerk\/Treasurer Laura Brock.<\/span>

Mayor Camp called the meeting to order at 5:30 PM and reminded everyone that only items on the agenda could be discussed.<\/span>

Agenda<\/span>
\u00a0<\/span>
1.\u00a0\u00a0 \u00a02010 Property Tax Rate<\/span>
2.\u00a0\u00a0 \u00a0Bailey Building on North Main Street and North Main CDBG Project<\/span>

Clerk Brock presented the property tax rate calculations for 2010.\u00a0 The compensating rate for 2010 is $.248 per $100 assessment for real property and $.309 per $100 assessment for personal property.\u00a0 The compensating rate would generate approximately $4,787 over last year.\u00a0 The 4% rate, which requires a public notice and public hearing is $.257 per $100 assessment for real property and $.321 per $100 assessment for personal property.\u00a0 The 4% rate would generate approximately $10,571 over last year.\u00a0 Last year\u2019s rates were $.249 per $100 assessment for real property and $.444 per $100 assessment for personal property.\u00a0 After discussion, Mr. Gibson voted to set the 2010 rates at the compensating rate.\u00a0 Motion seconded by Mr. Powell and carried unanimously.<\/span>

Clerk Brock read first reading of Ordinance 2010-9, \u201cAN ORDINANCE FIXING THE AD VALOREM TAX RATE UPON THE ASSESSED VALUATION OF REAL ESTATE, PERSONAL PROPERTY, MOTOR VEHICLES AND WATERCRAFT WITHIN THE CITY LIMITS OF ELKTON, KENTUCKY, FOR THE YEAR 2010.\u201d\u00a0 Mrs. Sidebottom motioned to accept after first reading and seconded by Mr. Jefferson.\u00a0 Motion carried unanimously by show of hands.<\/span>

Mayor Camp stated that Steve Bailey has stated he would sell the city the building on North Main Street for $36,000.\u00a0 Clerk Brock explained that the city could apply for a CDBG grant of up to $500,000 to renovate the building.\u00a0 If the city owns the building, we can use the appraised value of the property as part of our required $75,000 match.\u00a0 There was discussion about having the building inspected or appraised prior to purchase.\u00a0 After discussion, Mr. Jefferson motioned to purchase the building for $36,000.\u00a0 Motion seconded by Mr. Gibson.\u00a0 Those voting in favor of the motion by show of hands were Gibson, Jefferson, Powell and Sidebottom.\u00a0 Voting opposed were Scott and Laster.\u00a0 Motion carried.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0<\/span>

There were no further items on the agenda, therefore Mrs. Sidebottom motioned to adjourn and seconded by Mr. Laster.\u00a0 Meeting adjourned at approximately 5:50 PM.<\/span><\/span><\/p>","protected":false},"excerpt":{"rendered":"

Minutes: City Council Special MeetingAugust 24, 20105:30 PMThe Elkton City Council met…
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