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Warren County fiscal court approves $1.44 million downtown parcel purchase, designates new county roads and OKs TIF increment
Summary
Warren County Fiscal Court on Thursday approved the county's purchase of 1007 State Street in downtown Bowling Green for $1,440,000, adopted an ordinance adding multiple Breckenridge subdivision streets to the county road system and authorized a $93,953 tax-increment financing payment to the Warren County Downtown Economic Development Authority.
Warren County Fiscal Court on Thursday approved the county's purchase of 1007 State Street in downtown Bowling Green for $1,440,000, adopted an ordinance adding multiple Breckenridge subdivision streets to the county road system and authorized a $93,953 tax-increment financing (TIF) payment to the Warren County Downtown Economic Development Authority.
The purchase of 1007 State Street from Boyce Properties, LLC — described in the meeting as the Charles M. Moore building — was presented at its appraised price, $1,440,000, with estimated closing costs of $5,309.77. The fiscal court voted to authorize Judge Buchanan to sign closing documents. The court recorded the motion for the purchase as moved by Esquire Cummings and seconded by Esquire Aldridge; the roll call recorded unanimous approval by the seven members present.
The court also approved Ordinance 2501 (second and final reading), which designates East Haven Way, Summer Shade Circle, Summer Shade Drive, Autumn Breeze Court and Autumn Breeze Way in the Breckenridge Subdivision as county roads and authorizes county maintenance and speed limits on those streets. That motion was moved by Esquire Cummings and seconded by Esquire Aldridge and passed on a unanimous roll call.
Other fiscal actions approved Thursday included routine financial reports, interfund and budget transfers, and several single-source or emergency procurement authorizations:
- Emergency repair authorizations to Train Inc. for two rooftop jail HVAC items: $5,493 (compressor repair) and $6,444 (fan motor assembly), each approved by unanimous vote. Meeting minutes list these as emergency…
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