Brundidge council reduces debt

first_img The Brundidge City Council voted Tuesday to use the $500,000 proceeds from the city’s Utility Fund Revenue Warrants to pay down on the North Industrial Park loan.On May 15, 2016, the city purchased 222 acres of property adjacent to Southern Classic Food Group on the north side of town for potential industrial growth. The city paid $1.2 million for the property with financing by First National Bank at the rate of 2.75 percent for 10 years.Brundidge City Manager Britt Thomas using the proceeds from the Utility Fund Revenue Warrants to pay down the loan will reduce the payments on the loan and maintain a cash flow within the city. The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Email the author Skip The property was purchased from siblings, Jodi Klugel, Russell Regentine and Peggy Regentine, who inherited the land from their mother, Margaret Regentine.At the time of the purchase, Brundidge Mayor Jimmy Ramage said the property is located on the main line of the CSX Railroad and will lower the number of competitors who are vying for industrial locations with rail access, making the property a prime site for future industrial growth.In other business, the council passed a resolution to notify the Secretary of State of a change in the type of voting machines used by the city. The resolution makes it legal for the city to use Pike County’s new electronic voting machines, which will be used in future elections by the City of Brundidge. Pike County Sheriff’s Office offering community child ID kits You Might Like Father-daughter duo delight crowd at Brown Bag Lenny and Amanda Trawick performed a selection of Christmas songs and shared historical details about the songs and their origins… read more Latest Stories Plans underway for historic Pike County celebration Brundidge council reduces debt Book Nook to reopen “Candy was thrown from several of the vehicles in the Christmas Parade and a child was almost hit by a car,” Pearson said. “We must enforce the ordinance for the protection of our children.”Thomas said his suggestion is to have a designated person go to each entry in any city parade and make that person aware that, if candy is thrown from his or her vehicle, a warrant will be signed and an arrest will be made.Although the council was visibly in agreement, no action was taken. The council reviewed also the bids for the 2016 sewer project but took no action.Brundidge Police Chief Moses Davenport gave a department report to the council and Council Member Margaret Ross questioned why no tickets were written for the 72 traffic stops logged.Davenport said tickets were written and the zero number was incorrect. He said many of the traffic stops are for missing headlights and for speed warnings.Council Member Cynthia Pearson said the city has an ordinance that disallows the throwing of candy from moving vehicles in city parades. Sponsored Content By Jaine Treadwell Troy falls to No. 13 Clemson Print Article Published 7:36 am Wednesday, December 16, 2015 By The Penny Hoarder Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthMost 10 Rarest Skins for FortniteTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Remember America’s heroes on Memorial Daylast_img read more