Accepting the tax rate, approving budget amendments and starting the process to replace the city’s waste water treatment plant filled the agenda of the Woodbury Mayor and Board of Alderman met Tuesday night for their regular July meeting.
A public hearing concerning an ordinance adopting the annual budget and property tax rate for the fiscal year beginning July 1, 2018 and ending June 30, 2019. Following the hearing, the board accepted the ordinance on the second and final reading.
The board adopted the certified tax rate for the town of Woodbury, Tennessee for the year of 2018, using the calculation of property in the corporate limits as fixed by the Cannon County Assessor of Property for the year. (The certified tax rate is $0.8862)
A second public hearing concerning the Town of Woodbury’s intent to file an application for funding with USDA Rural Development, Rural Utilities Service. The purpose is to construct a new Waste Water Treatment Plant to replace the existing plant. This will be a loan/grant combination. The ratio of loan to grant will not be determined until later in the process. Cost of the new facility should run at 8-million dollars.
The group also approved an ordinance on first reading, to amend the zoning map of the Town of Woodbury, to rezone certain parcels along West Main Street from the C-3 Commercial zoning district to the C-2 Commercial zoning district (Also known as Westgate Shopping Center Sections 1 and 2)
