1965.06.24_TC_Minutes i
MINUTES: HIGHLAND BEACH TOWN COMMISSION SPECIAL MEETING JUNE 24,1965 2:00 P.M.
A meeting called by Vice Mayor Bunn to discuss the preliminary, or tentative budget figures
and the financing procedure for the water plant expansion program. Commissioners Bunn,
Jones, Johnson and Town Manager Dailey were present. Commissioners Hackman and
Noble were absent.
A statement of estimated revenue and operating expenses for the fiscal year starting
November 1, 1965, based on the last six months accounting figures, was discussed.
Some expense items were questioned, and with the uncertainty of the probable change
in the tax structure, it was agreed that this preliminary statement would have to be
revised and reconsidered.
Using the new property appraisal figures as a guide to establish an equitable and
fair tax assessment to all property owners, and still be within the requirements for
getting bonds issued for water plant expansion, all previous financing plans were
reviewed, and a newly suggested tax based on a square footage water assessment
on all town property met with general approval subject to getting a legal opinion.
Commissioner Johnson commented that any plans adopted would be for the purpose of
making an adjustment in taxes that would take the burden off improved property owners,
and distribute the cost of town and water plant operations to include unimproved
properties that have increased,and will continue to increase, in value and have been
favored with disproportionate taxes.
Commissioner Jones stated that he felt a tax assessment based on square footage
should be studied carefully, and comparisons made to see how the various types of
property would be affected.
It was agreed that some legal advice was needed, and the fiscal agent should be
contacted before any definite action was taken.
Commissioner Bunn moved to approve a tentative fiscal program for financing or
procuring funds for the building of the new water plant, based on the new evaluation
if coupled with a square foot assessment on all real property, but subject to the
approval of the town attorneys and the selected fiscal agent. Commissioner Johnson
seconded the motion and it was approved by the unanimous vote of all commissioners
present.
Commissioner Bunn volunteered to check the legal and financial aspects and by general
agreement, the meeting was adjourned at 5:00 P.M.
APPROVED:
CLEM H KMAN, MAYOR
FRED BUNN, VICE MAYOR
PAGE 2 JUNE 24, 1965
HAROLD E. JO SON, TOWN CLERK
MILDRED NOBLE, COMMISSIONER
G. ARTHUR JONES, CO MISSIONER
ATTEST:
U
TOWN CLERK