City Council approves creation of Texas Street Economic Development District
One agenda item of interest at the Natchitoches City Council meeting Monday evening, Aug. 8, was Ordinance No. 46 creating the Texas Street Economic Development District. Mayor Ronnie Williams Jr. said this has been done already within the City limits including Hobby Lobby EDD and River South Commons EDD.
The next step will be to work with developers to get different tenants in place. Once they determine what kind of economic development financing is needed to make the project economically viable, the decision will need to be made on whether an additional tax will need to be levied or if there is a combination of additional financing tools that are available.
The district will include certain tract(s), piece(s), or parcel(s) of land situated and located wholly within the City of Natchitoches, bordered by West Texas Street, West 3rd Street, Sabine Street, and Dixie Street (SEE DOCUMENT BELOW).
The City may create a special trust fund for the furtherance of economic development projects, as defined in the EDD Act, into which incremental increases in such sales taxes shall be deposited and loaned, granted, donated, or pledged in furtherance of economic development projects.
Other agenda items included:
PLANNING & ZONING – INTRODUCTION:
Amend Ordinance No. 64 of 2001 by changing the zoning classification of property located at 1230 Washington Street to allow for the sale of alcoholic beverages at the restaurant.
ORDINANCES – FINAL:
(MOTION TO TAKE ORDINANCE NO. 042 FROM THE TABLE)
#042 A Bond Ordinance Authorizing The Issuance Of Revenue Bonds, Series 2022, Of The City Of Natchitoches, Parish Of Natchitoches, State Of Louisiana; Prescribing The Form, Fixing The Details And Providing For The Rights Of The Owners Thereof; Awarding The Sale Of The Bonds To The Lender Thereof; And Providing For Other Matters In Connection Therewith.
#045 Award The Bid For West Natchitoches Water Main Replacement, Phase I (Bid No. 0648) to Pulley Construction Inc. of Benton for $669,000
#047 Deem Property Surplus And Authorize The Donation Of Surplus Property Owned By The City Of Natchitoches, And To Other Provide With Respect Thereto.
#068 Petite Resolution Designating Friday, September 2, 2022 As An Official Holiday For The Employees Of The City Of Natchitoches For The Year 2022.
#069 Elie Resolution Authorizing The Mayor To Advertise For Bids For Liquid Chlorine For The Water Treatment Plant (Bid No. 0654)
#070 Harrington Resolution Authorizing The Mayor To Accept And Execute A Grant Agreement From The Federal Aviation Administration To Sealcoat RW 17/35, Main Apron, And Tw A&B – Phase I (Design) Project At The Natchitoches Regional Airport
The next scheduled City Council meeting will be Monday, August 22, 2022.