Members of the Montgomery County Council agreed Tuesday to back a resolution approving a lease between the Montgomery County Redevelopment Authority and the Montgomery County Redevelopment Commission for sewage infrastructure improvements in the area of Interstate 74 and State Road 32E.
The move helps open the door for the commission to obtain financing for a proposed sewer project that will expand services in the county’s regional sewer district territory, including the area along east S.R. 32 to the interchange and south along Nucor Road.
Per the resolution, the maximum annual lease rental is $990,000, plus $3,000 for trustee and administrative fees, for a maximum term not to exceed 22 years.
The council approved the resolution by a 6-1 vote. Council president Terry Hockesmith cast the dissenting vote. He favors the project but was concerned that the Tax Increment Finance district created for this project will be contingent to a city TIF district and that funds could potentially be funneled to unnamed city projects.
In other business, the council:
• Learned from Auditor Jennifer Andel that a computer glitch at the state level regarding local income tax disbursements was discovered. Locally, $185,192 will be divided among all county taxing units, except schools. For example, the county will receive $56,000 for property tax relief and another $26,507 for public safety.
• Learned during a general discussion about tax abatements that the county has only four on file. Those include IMPA’s solar park in Waynetown, Steel Technologies and Nucor. Banjo’s abatement ends this year. There is no abatement on file with the wind turbine company Akua Energy. Abatements, which are usually granted in 10-year increments, have to meet specific standards. Abatement requests are due May 15 of each year, and the council usually considers these at their July meeting. Compliance is also monitored annually.
• Heard from Andel that her office is continuing to investigate the 53 properties that are fraudulently using the homestead tax credit. She said her office can go back three years to recoup taxes, interest and penalties. A lien may be placed on the property if not paid.
• Agreed to conduct a public budget hearing on Sept. 11 and an adoption hearing Oct. 9.
The next county council meeting is 9 a.m. July 10 at the courthouse.