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369 September 9, 1997 The Mooresville Town Council met for a Final Adoption Hearing for the 1998 Budget on Tuesday, September 9, 1997 at 7:30 P. M. at the Mooresville Town Hall. Council members present were: President Mark Mathis, Vice-PresidentAndy Pygman, Toby Dolen, Jim Hensley, and Bill Wright. Motionwas made by CouncilmanWright, second by Councilman Dolen to approve the Ordinance adopting the 1998 Budget. Motion carried 5-0. President Mark Mathis stated the tax rate would be lower for 1998, but could raise in 1999 due to the fact the Town General Cash Balance on June 30, 1997 reflected the encombered monies for the 1977 Pension Plan and this money would be paid out before June 30, 1998. The Budgets were then signed by the Council members. There being no further business to come before the Council at this time, a motion was made by Councilman Hensley, second by Councilman Dolen to adjourn the meeting. Motion carried 5-0· The next regular scheduled meeting of the Mooresville Town Council will be Tuesday, Sept~nber 16, 1997, at 7:30 P. M. at the Mooresville Town Hall. p ~ ATFEST: Clerk-Treasurer · September 9, 1997 The Mooresville Town Council met in a special Budget Workshop Session on Tuesday, September 9, 1997, at 9:00 A. M. at the Mooresville Town Hall. Council members present were: President MarkMathis, Vice-President Andy Pygman, Toby Dolen, Bill Wright, and Jim Hensley.. No members were absent. Park&Recreation ~dget: $24,100 was deleted from the Budget or ~. Bldg. & Structure Repair, Paving, Improvement to Bldgs., Other Park Improvements, and Landscaping, this to be paid for by Food & Beverage money. Also $27,500 for concessions deleted from Budget and the Non-Reverting Operating Fund will receipt and pay out for the concessions. Motion was made by Councilman Hensley, second by Councilman Dolen to approve the Budget of $451,165.00 for the Park and Recreation. Motion carried 5-0.