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Erwin board approves tax anticipation note for Helene disaster relief
Summary
At a called meeting Oct. 10, 2024, the Board of Mayor and Aldermen of the Town of Erwin unanimously approved Resolution No. 1314-24, a tax anticipation note described as funding for Helene disaster relief; the board also removed a related capital outlay item from the agenda.
The Board of Mayor and Aldermen of the Town of Erwin, Tennessee approved Resolution No. 1314-24, described in the meeting minutes as a tax anticipation note to support Helene disaster relief, at a called meeting on Oct. 10, 2024.
Alderwoman Angie Vaughn moved to remove Item 5.2 (to consider Resolution No. 1314-24, Capital Outlay Note for Helene Disaster Relief) from the agenda; Vice Mayor James "Mickey" Hatcher seconded the motion and the board recorded a unanimous aye vote. The removal was taken before the board considered the resolution itself.
Alderman Michael Baker then moved to approve Resolution No. 1314-24, and Vice Mayor James "Mickey" Hatcher seconded. The minutes record a roll call in which Mayor Glenn White, Michael Baker, Gary Chandler, Vice Mayor Hatcher, Cathy Huskins and Angie Vaughn were recorded as voting aye. The minutes do not specify a dollar amount, term, lender, or repayment schedule for the tax anticipation note; those details were not provided in the transcript and are recorded as not specified.
Mayor Glenn White announced the board's next regular meeting will be Monday, Oct. 28, 2024, at 5:30 PM. With no further business the meeting was adjourned and the minutes were attested by City Recorder Tim Bailey.
The action recorded in the minutes shows the board approved the resolution at this session; the transcript does not include additional background documents or fiscal exhibits attached to the minutes.
