title
Minutes from the City Council meeting on November 1, 2005
body
PUBLIC HEARING - 5:30 P.M. - A public hearing was conducted for the purpose of adopting a Second Amendment to the project plan for the Turtle Creek Redevelopment project. Mr. Bob Wright with Crews and Associates explained the amendments to the project plan, one being that the millage for the Library, Police Pension, and Fire Pension would be eliminated from TIF collections as required by newly adopted legislation. He explained that the City of Jonesboro would have no exposure liability for payment of the bonds. No opposition was voiced.
CITY COUNCIL MINUTES - November 1, 2005
The Jonesboro City Council met Tuesday, November 1, 2005, at 6:30 p.m. Members present were: Mayor Doug Formon, City Clerk, Donna K. Jackson, City Attorney Phillip Crego and ten council members. Those members were: Farmer, Province, Hargis, Moore, Williams, Street, Johnson, Dover, Furr, and Ashley. Councilmen Perrin and McCall were unable to attend.
Councilman Moore moved, seconded by Councilman Street to approve the minutes of the regularly scheduled meeting held October 18, 2005. A voice vote was taken resulting in all members voting aye. Those members were: Farmer, Province, Hargis, Moore, Williams, Street, Johnson, Dover, Furr, and Ashley.
Mr. Larry Flowers provided a financial report stating Operations & Maintenance revenues were less than75% through September due to the sales tax being up from last year. He explained landfill fees were down due to contractors using the county landfill, and 28% grant revenues had been received from the federal government. On the expenditures side, Mr. Flowers reported Operations and Maintenance made up 71% of the budget. He stated if the revenue trend continues we will be as in the past, with fund balances a little better than budgeted because expenditures have been below expectations. Councilman Hargis stated the reports were difficult to read. Mr. Alan Young responded asking fo...
Click here for full text