In a recess meeting of the Louisville Board of Aldermen, held on Tuesday, September 13, the Board adopted the new 2022-23 Budget for the City of Louisville. The budget was adopted without increases in taxes and was presented as a balanced budget for the fiscal year.
Glen Haab, executive director of the Winston County Partnership, gave an in depth report on economic development, about ongoing projects, lack of industrial space, the need for developing sites, and potentially building on industrial sites. Stringer Industrial Park, Giffin Industrial Park, South Industrial area, and now the Louisville Rail Park (formerly the EPA Superfund areas) are all experiencing growth, needs, and development.
In the area of economic development, the Board amended the lease with Kloeckner Metals for the city owned industrial facility in Stringer Industrial Park to begin lease payments in October, rather than August. And the Board accepted payment from Kloeckner Metals for $86.9K for the local share in the industrial building improvements performed.
The Board heard a presentation from Slaughter & Associates on the annexation study that was performed two to three years ago. The Board was presented with much information, but no action was taken at this time other than requesting Slaughter & Associates to provide a proposal with revisions to the study area.
The Board authorized the city mayor to proceed with establishing the City of Louisville Solid Waste collection and to purchase the necessary trucks to provide the service. This action comes after the City of Louisville was facing a new bid with a 47% increase in contract services to collect solid waste.
The Board acknowledged funding from House Bill 1353 for the South Industrial Road project and adopted a Memorandum of Understanding for HB 1353. Furthermore, the Board authorized the city mayor to sign all necessary documents pertaining HB1353.