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1,002 The next regular scheduled meeting of the Mooresville Town Council is Tu sday, July 19, 2011, at 6:30 P. M. at the Mooresville Government Cen George atkins, Council President ATTEST: Sandra R. Perry, Clerk-Treasurer July 19, 2011 The Mooresville Town Council met in regular session on Tuesday, July 19, 2011 at 6:30 P. M. at the Mooresville Government Center. Town Council members present were: President George Watkins, Vice-President Tony Langley,Mark Mathis, John L. Clark, and Jeff Cook. All members were present. Town attorney Tim Currens was present. Clerk-Treasurer Sandra Perry was present. Jim Taylor, Grace Church, gave the prayer. A motion was made by Councilman Clark with a second by Councilman Langley to approve the minutes of June 5, 2011. Motion carried 5-0. Attorney's McKinney and Evans represented St. Francis Hospital for a request to rezone 14.203 plus or minus acres from Agriculture to B-3. Dan Young was present. This acreage includes four parcels. They have no specific plans at this time for the property. The Plan Commission approved this to go to the Town Council. A motion was made by Councilman Clark with a second by Councilman Langley to approve Ordinance#7, 2011, to rezone the parcels from Agriculture to B-3. Motion carried 5-0. Julie Lakes, Mooresville Revitalization Group, requested a street closing on Main Street from Indiana Street to Clay Street for The 5h annual Roots and Rhythm Festival. The event is to be held on Saturday,August 27, 2011 from 8:30 A. M. to 5:00 P. M. Motion was made by Councilman Mathis with a second by Councilman Clark to approve the street closing application subject to Chief Vile's signature. Motion carried 5-0. A motion was made by Councilman Clark with a second by Councilman Cook to approve a transfer of funds resolution#15 in the amount of$9,240.39 from Excess Levy Fund #710 to Town General Fund#101 and $976.00 from Park Excess Levy Fund#702 (by statute)to Town General Fund#101. Motion carried 5-0. Next, a Public Hearing for the re-establishment of the CCD fund was heard. Umbaugh was supposed to appear before the council to explain the re-establishment of the CCD fund back up to .05 from .0288. They did not appear so the Clerk-Treasurer, Sandra Perry, explained that in 1996 for a few years the CCD fund cap was .05, and then the State began whittling away at the amount of the fund until it has ended up currently at .0288. The cap for the CCD fund is still .05. The fiend can be used for capital improvements and capital expenses, such as paving, sidewalks, storm sewer lines, etc. With the revenue coming into the town on the decrease this would be a way of raising more revenue that is outside of the levy constraints. The difference in the cost to the taxpayer would be approximately$22.00 a year on a house assessed at$100,000.00. Jack Perry, Community Taxpayers Association, Inc., spoke to the council saying that he does not get a raise and a lot of people haven't been able to get a raise or even get a job and he thought this was a poor time to raise any taxes. A motion was made by Councilman Langley with a second by Councilman Cook to approve Ordinance#6, 2011,re- establishing the CCD fund from .0288 to .05 on each $100 of assessed valuation for 2012. Motion carried 4-1. Councilman Clark voted opposed. The council requested Umbaugh to come to the August 2 nd meeting to explain and discuss the CCD fund.