Owen City Council Discusses 2015 Budget
Thursday, November 6th, 2014 -- 9:46 AM
-The Owen City Council discussed the 2015 Budget at their meeting on Tuesday of last week.Departments have recently turned in their proposals for the 2015 Budget and Owen City Clerk Terri Ernst presented a preliminary budget report. More items need to be added and a finance meeting will be held soon. The Health Insurance Broker spoke with Clerk Ernst and reported that the City's renewal may be available the 1st week of November rather than mid-November. The council also approved a proposal from Bowmar Appraisal Inc. of $6,700 for 2015 and $6,850 for 2016.
The sale of property to Dollar General brought up an issue with the USDA-Rural Development regarding a lien on the Dollar General Property. The USDA-RD requires that the City pay $20,000 on the loan to the City, in order to release the lien. The council did approve to pay the $20,000 and closing of the sale should happen soon. Ground breaking may occur yet this fall.
Finally, the council heard the CDA Report from CDA Director Tim Swiggum. He reported the Dollar General is working on the title and 1099 form. Norb Pabich's offer and Taylor's are awaiting the City to hold a Planning meeting regarding their offers. Harms are waiting to close but there is an issue regarding an easement. Mr. Swiggum is working on the Ads for the OWEDC and he has the lists. Christmas decorations will be going up soon and volunteers will be needed and finally it was mentioned that the Owen Junior Fair may be changing the weekend the fair is normally held.
Feel free to contact us with questions and/or comments.