Oxford City Council approves TIF certification, pay increases and LUO street closures

At its Nov. 12 meeting, the Oxford City Council approved a series of routine and administrative measures, including a tax-increment financing (TIF) certification, an ordinance increasing elected-official pay, finance reports and street closures for a community holiday event.

Councilor Reihman moved and Councilor Volk seconded approval of Resolution 2024-04 (TIF certification). A roll-call vote listed Reihman, Cooling, Volk and Walters in favor and the resolution carried.

Council then approved routine consent items and the clerk's reports. Councilor Volk moved to approve the October clerk's report; Councilor Cooling seconded. Cooling moved to approve the Street Finance Report and the Annual Finance Report; Volk seconded. All motions passed by voice vote.

An ordinance to increase compensation for elected officials moved by Councilor Walters and seconded by Councilor Volk was approved by roll-call vote. The ordinance, to be assigned a formal number by the city attorney, sets council pay at $50 per meeting and the mayor's pay at $50 per meeting plus $2,500 annually.

Council approved street closures for Light Up Oxford (LUO) on Dec. 6 from 3:00–9:30 p.m.; Walters moved and Volk seconded, and the council authorized posting of closure notices.

During administrative business the council also recorded accounts payable totaling $25,745.74, listing multiple vendors and amounts for city services and supplies.

The council opened and closed a public hearing on the SRF loan with no public comment and adjourned at 8:05 p.m.