Town Council 03-07-2023 - Laserfiche WebLink

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am Regina Shelby also gave an update that the May 13th Street Fair is moving along well with more vendors and food trucks for this year. New Business — Redwood Apartment Neighborhoods - Greg Thurman came before the council to request an annexation of 32 acres of land. He is in the process of acquiring the appropriate signatures to complete the annexation. They are working with a traffic engineer and INDOT regarding the right and left turn on State Road 67. The signed document from the owners is required in order to proceed with the super voluntary annexation. Mr. Thurman will be getting that to the council. President Warthen stated that Overton Industries is suffering from the problems that many companies are with staffing issues. Still, they are actively looking for additional personnel at this time as their employment goals may differ from their current employment status. CF -1 Resolution 6-2017 was for personal property. Their estimated cost matched their true cost of $94,153. Councilman Cook motioned that the council find Overton Industries substantially compliant with Resolution 6 —2017. Councilman Swinney seconded. Motion carried 5-0. CF -1 Resolution 1-2019 was also for personal property; the estimated cost matched the true cost of $348,109. Councilman Swinney motioned that the council find Overton Industries substantially compliant with Resolution 1-2019. Councilman Brown seconded. Motion carried 5-0. CF -1 Resolution 2-2020 was for personal property; the estimated cost matched their true cost of $140,000. Councilman Cook made the motion to find Overton Industries in substantial compliance with Resolution 2-2020. Councilman Brown seconded. Motion carried 5-0. CF -1 Resolution 5-2020 was for personal property; the estimated cost was $200,000 the true cost was $219,670. Councilman Swinney made the motion that the council find Overton Industries in substantial compliance with Resolution 5-2020. Councilman Brown seconded. Motion carried 5-0. CF -1 Resolution 4-2022 was for personal property; the estimated cost matched their true cost of $179,000. Councilman Swinney made the motion that the council find Overton Industries in substantial compliance with Resolution 4-2022. Councilman Brown seconded. Motion carried 5-0. Council President Warthen praised Overton Industries for making an investment of $981,013 for equipment to keep 45 people employed since 2017. Public Hearing Ordinance 2-2023 Re -Establish Cumulative Fund Rate. Council president Warthen stated that new legislation had allowed communities to re-establish this fund rate at $0.05 per $100 of assessed value. Council President Warthen discussed the need for this fund. There were no public comments. Councilman Swinney made the motion to approve Ordinance 2-2023. Councilman Brown seconded. Motion carried 4-0-1. Councilman Williams opposed it. This item will be published with a 30 -day remonstrance period and will go into effect in 2024. Councilman Brown made a motion to close the public hearing. Councilman Swinney seconded. Motion carried 5-0.