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HomeMy WebLinkAbout03-24-15Minutes of the Town Council meeting held March 24, 2015, at 6:00 p.m. in the Council Chambers of the Municipal Building at 42 First Street, NW, Pulaski, Virginia. Present were: Jeffrey S. Worrell, Mayor Council: Heather L. Steele, Gregory C. East, David L. Clark, H. M. Kidd Absent: James A. Radcliffe, Lane R. Penn Staff: Shawn Utt, Town Manager David Warburton, Town Attorney David Quesenberry, Assistant to the Town Manager Mayor Worrell called the meeting to order at 6:00 p.m. Councilman Clark moved to appoint David Quesenberry as Acting Clerk of Council. Councilman Radcliffe seconded the motion and carried on the following recorded vote: Heather L. Steele -Absent Gregory C. East -Aye David L. Clark -Aye H. M. Kidd -Aye James A. Radcliffe -Absent Lane R. Penn -Absent The first item on the agenda was a Public Hearing regarding real estate tax rate equalization. Councilman Penn arrived at 6:03 p.m. Mr. Utt advised that the 2014 reassessment resulted in a 7% decrease in overall real estate value in the Town of Pulaski. He continued that the Code of Virginia required an "equalized rate" to result in no more than 1 °r6 increase in revenue from the previous fiscal year. He added that the proposed rate of $0.34 represented an overall decrease of 0.68% or $9,590 in overall anticipated revenues. He noted that a "net neutral" rate would be $0.3423 per $100. Mayor Worrell opened the Public Hearing at 6:04 p.m. There being no speakers, the Hearing was closed. Mayor Worrell moved on to review of FY 16 Budget Items which included health insurance options and a brief overview of the Capital Improvements Plan. The meeting adjourned at 6:40 p.m. on motion by Councilman Kidd, seconded by Councilman Penn and so carried. Approved effrey S. Worrell, Mayor March 24, 2015/Page 1 of 1