File #: MIN-04:141    Version: 1 Name:
Type: Minutes Status: Passed
File created: 9/7/2004 In control: City Council
On agenda: Final action: 9/20/2004
Title: Minutes for the City Council meeting on September 7, 2004.
Attachments: 1. Letter concerning the postponement of the public hearing for the TIF request
Related files: RES-04:571, RES-04:570, MIN-04:142, ORD-04:284, ORD-04:285, ORD-04:286, AG-04:50, MIN-04:139, MIN-04:140
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Minutes for the City Council meeting on September 7, 2004.
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PUBLIC HEARING - 6:00 P.M. - In a letter addressed to City Clerk, Donna Jackson, Attorney David Menz, requested the public hearing for the establishment of two TIF districts be postponed due to the request being premature.

PUBLIC HEARING - 6:15 P.M. - A public hearing was conducted regarding the issuance of taxable Industrial Revenue Bonds to finance the expansion and improvement of an industrial facility for Frito-Lay, Inc. Dr. Richard Wang, Professor of Political Science addressed the Jonesboro City Council requesting that the ordinance be read on three separate meetings allowing for further comment and study. Dr. Wang contended that it was a loss of revenue for the schools, county and public library. He further stated the agreement was unclear what the conditions were for the in lieu of taxes if the bonds are extended. Mayor Brodell responded saying it was a new issue, and the school district and tax assessor’s office both has signed off on the agreement. Dr. Wang responded saying it was a restoration or extension of the original arrangement and requested the City Council to consider it carefully because the City would be incurring debt.

CITY COUNCIL MINUTES - September 7, 2004

The Jonesboro City Council met Monday, September, 2004, at 6:30 p.m. A full quorum was in attendance. Present were: Mayor Brodell, City Clerk, Donna K. Jackson, City Attorney Phillip Crego and twelve council members. Those members were: Farmer, Province, Hargis, Moore, Williams, Young, Perrin, Street, Dover, Furr, McCall and Roddy.

Councilman Perrin moved, seconded by Councilman Moore to approve the minutes of August 16, 2004, and for August 27, 2004, (Special Called Meeting) as provided. A voice vote was taken resulting in all members voting aye. Those members were: Farmer, Province, Hargis, Moore, Williams, Young, Perrin, Street, Dover, Furr, McCall and Roddy.

FINANCIAL REPORT - Mr. Flowers reported they h...

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