Brundidge City Council allows property purchase
Published 3:00 am Wednesday, May 13, 2015
The council met Tuesday afternoon and authorized the warrant for the purchase of the property in the amount of $1.2 million to be financed by First National Bank at 2.75 percent interest. The10-year loan will be signed at 10 a.m. at 101 South Main Street on Thursday. The purchase of the property will take place at 11 a.m. Friday at the law offices of Calhoun, Faulk and Curtis in Troy.
Mayor Jimmy Ramage said the property deed title will be to the Brundidge Industrial Development Board because the ID board. Ramage said the ID board could enter into longer-term contracts than the city. Having the deed in the name of Brundidge ID board will be more beneficial to the city over time, he said.
The council also voted to give the mayor and city manager the to authority to apply for a Community Development Block Grant in the amount of $350,000 for improvements to city’s sewage and water system. If awarded, the city’s match for the grant will bring the total grant to $400,000-plus.
Britt Thomas, city manager, said the CDBG funds would reduce the cost of the city’s planned $1.9 million water and sewer project.
“The grant would mean $400,000 less that the citizens would have to pay for the improvements to the infrastructure,” Thomas said. “The city can assume the cost of the $1.9 million project without having to raise our rates but the grant would narrow the possibility.”
Thomas said the grant application that will be submitted for the CDBG is basically the same grant that was submitted in 2014 but not funded. The city should know by October whether the grant was funded.
The city’s flags will be flown at half-mast on Friday in memory of law enforcement officers who have lost lives in the line of duty.
The week of May 10-16 is National Police Week. Friday is Peace Officers Memorial Day