Madisonville Seal 02 300MADISONVILLE, Ky. (9/17/19) — Madisonville City Council approved the 2019 property tax ordinance during a meeting held Monday at City Hall. The city also approved an emergency ordinance to purchase asphalt and forego the bidding process to repair airport taxiways before winter strikes.

Property taxes to be levied remain mostly unchanged from the prior year. Business owners will pay slightly lower taxes as bills arrive in the mail in October, while homeowners will be levied the same rate.

The city will levy 12.2 cents per $100 assessed value on real estate property and 17.06 cents per $100 assessed value on tangible/personal property, which is slightly lower compared to last year’s rate of 21.52 cents per $100 value.

Motor vehicles and watercraft would be levied at the same rate at 15 cents per $100 assessed value.

Last year, city officials reported collecting an estimated $1.33 million in tax revenue on property valued at $1.19 billion. Tax revenue expected to be allocated to the city’s general fund for general government operations is $1.35 million, city finance director Cory Alexander said Monday evening.

Alexander previously indicated the city predicted an increase in taxable business inventory, which has lowered the tangible/personal property tax levy. Madisonville anticipates its tax revenue will exceed last year’s collection by $23,301.

Deadline to pay city taxes is Nov. 30, or penalities apply. Taxes paid by Oct. 31 results in a 2 percent discount, according to the ordinance.

The council passed an emergency ordinance authorizing Mayor Kevin Cotton to purchase asphalt through competitive negotiations to pave the construction site near hangars at Madisonville Regional Airport. Work has disrupted the soil near existing hangars, rendering plane navigation in and out of a particular hangar area unsafe and loss of rental income and fuel sales.

The city will work to winterize that area of the airport without delay before asphalt plants close Nov. 1.

In other business, the council approved an amended ordinance to designate the Historic District boundary, which excludes buildings south of Broadway Street along Main Street.

Most of the buildings inhabited by various businesses past Broadway Street, with the exception of two, are not historic structures, which will eliminate the required historic regulation procedures to alter, build or tear down a structure. 

City Council plans to review a Hopkins County Joint Planning Commission recomendation to rezone a 9.7-acre plot of land at the end of Cottonwood Drive, owned by Henderson resident Don Ershig of Mid Town Commons, LLC. Ershig requests the zoning classification to be changed from low-density residential to medium density for the probable use of housing devlopment/rentals. The property developer recently sold the Parkway Plaza Mall property in Madisonville. The city has not yet set a special meeting to review the commission's zoning recommendation.

The city also approved bids from Fleet Force New Way to purchase two Mack trucks totaling $404,300 and Dependable Disposal for a Mack truck at $233,510. The city will purchase road salt from Cargill Deicing Technology at $99.86 per ton, which is $8 higher than last year’s price. City Administrator Robert Janes estimates the city needs to purchase 500 tons of road salt to replenish the supply for winter months.

In addition, council members approved a street closure for the Wesley Chapel Church third annual Fall Festival 4-9 p.m. Sept. 28. Activities will include a life-sized Connect 4 game, concert, dance, food and drinks for all ages.

The mayor announced Shred Day is 10 a.m.-1 p.m. Saturday, Sept. 21 at Parkway Plaza Mall parking lot and declared September as City Government Month.

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