GLASGOW — Representatives with Taylor, Polson and Company CPAs were at the Glasgow City Council meeting Monday night to present an audit report for June 30, 2006.
John Taylor discussed highlights of the report, such as net assets increasing by $5,795,880, or 16.1 percent, and the general fund unreserved fund balance being at $5,957,000, or 54.6 percent of the general fund expenditures.
“The city’s total debt decreased by $713,000 as the result of payments on past capital lease obligations,” Taylor said.
In other business, three resolutions and the first readings of three ordinances passed regarding zone change applications.
The first ordinance rezones the property approximately 235 feet southwest of the North Race Street and Happy Valley Road intersection and approximately 140 feet northeast of the North Race and West Leech avenue intersection. This contains 0.219 total acres.
Another ordinance called for the rezoning of property approximately 130 feet southwest of the North Race Street and Happy Valley Road intersection and approximately 758 feet northeast of the North Race and West Cherry Street intersection. This contains 0.349 total acres.
The final ordinance rezones property approximately 480 feet southeast of the East Main Street and Elm Hill Drive intersection and approximately 1,405 feet northwest of the East Main Street and Lenna Drive intersection. This contains 0.614 total acres.
All the properties will be rezoned from R-2 to B-2 classification.
Another resolution approving Glass Paving & Stone LLC to act as the construction manager for the Trojan Trail widening and improvement project and authorizing the execution of a construction management agreement.
The first reading of an ordinance closing a portion of Liberty Street between West Front and Mitchell streets was also approved. Ownership of the property within the portion of the public way being closed would revert back to its two original property owners.
A resolution was also approved to support the Elizabethtown Airport Board in their efforts to establish competitively priced regional airline service at the Elizabethtown Airport.
After going into a short closed session to discuss property acquisition, the council members approved a resolution to purchase the property of South Central Bank of Barren County on East Main Street for $108,500.
Local News
Glasgow council reviews audit
Agrees to buy property
- Local News
-
-
UPDATE 3:05 p.m.: Fatal wreck on Burkesville Road
A Summer Shade man was identified as the driver in a fatal crash on Burkesville Road early Saturday morning.
-
Jail staff challenges Ober’s report
A long list of allegations made by a private investigator against the Barren County Detention Center is being challenged by a majority of the jail employees, who say they have not witnessed anything illicit.
-
BBBS honors volunteers Bell, Click
There’s no doubt about it. Tamara Click and Price Bell love spending time with their “little sister and little brother.”
-
Magistrates defend decision
Almost a month after a private investigator presented his summary report about the Barren County Detention Center and nearly five months since the initial vote for an investigation, the members of the Barren County Fiscal Court are standing by their decisions.
-
Park, students form partnership
Barren County Middle School and officials from Mammoth Cave National Park (MCNP) began a partnership in 2009 through a 21st Century Community Learning Center grant, according to a district news release.
-
Cemetery dedication planned Sunday
On Sunday, a dedication ceremony culminating efforts of several concerned citizens who restored the cemetery will take place at 2 p.m. at the D.F. West Cemetery on Ky. 70 near Hiseville.
-
No swimming allowed at lake for Memorial Day
Don’t visit Barren River Lake this Memorial Day weekend and expect to go swimming.
- 2:10 AFTERNOON UPDATE: Hart Co. man arrested for trafficking
- 9:03 a.m. Morning Update: Glasgow firefighters and Barren-Metcalfe EMS respond to wreck with injuries
-
Late Night Update: Investigation continues regarding injured teen
Very little is known about the circumstances surrounding a 15-year-old Barren County boy who was found seriously injured and lying in a ditch alongside his bicycle on Dripping Springs Road late Monday night.
- More Local News Headlines
-
UPDATE 3:05 p.m.: Fatal wreck on Burkesville Road
UN Blames Syrian Forces for Shelling Houla
Raw Video: Gay Protest Blocked in Moscow
Vatican in Chaos After Butler Arrested for Leaks
Jimmy Carter Endorses Egypt's Election Results
Biden Addresses West Point Graduating Class
Dozens of Children Killed in New Syria Attack
Raw Video: Activists Allege Massacre in Syria
NJ Man Charged With Murder in Death of Patz
Support, Fun for Kids of Fallen Soldiers at Camp
Fugitive Penguin Caught, Returned to Aquarium
50 Years Later, Underground Fire Still Burning
Light Show Transforms Sydney Opera House
Raw Video: Unruly Passenger Restrained in Miami
Raw Video: Robber Uses Drive-thru Window
Raw Video: Dragon Arrives at Space Station
Calif.'s Coronado Named Nation's Best Beach
CEO Salaries Become Sore Issue in Labor Disputes
