County Commission to tackle full agenda on Tuesday
Published 3:59 pm Friday, January 12, 2018
Members of the Carter County Commission will tackle several items of business when the group meets on Tuesday.
Typically, the County Commission meets on the third Monday of each month but that meeting has been moved to the third Tuesday, Jan. 16, this month due to the Martin Luther King Jr. Day holiday.
On the agenda for Tuesday, the Carter County Industrial Development Board will present a recommendation to the full Commission to extend a Payment In Lieu Of Taxes (PILOT) agreement between the county and Borla Performance Industries.
Earlier this month, members of the Industrial Development Board reviewed a request from Borla Performance Industries to renew the PILOT agreement, which has already been in place for five years.
Allen Stoner, the Chief Financial Officer of Borla Performance Industries and Borla Properties, sent a letter in October to Carter County Mayor Leon Humphrey and the Industrial Development Board asking for the county to renew the PILOT agreement. Borla Performance Industries is located in a portion of Johnson City which lies within Carter County along I-26. In his letter, Stoner said the company had made investments to support continued economic growth at their facility.
Since the start of the current PILOT phase, Stoner said Borla has added 130 skilled manufacturing and support employees to its ranks. Also, the facility has supported “significant job growth” by providing space for tenants which added around 300 new positions during the 5-year PILOT phase according to Stoner.
The Industrial Development Board voted to renew the PILOT agreement with Borla for 10 years. During Tuesday’s meeting, the Board will present that recommendation to the full Commission for their approval.
The Commission will also consider a resolution that would adopt a balanced budget policy and establish a special capital projects reserve fund.
Under the terms of the proposed resolution, “it shall be the policy of Carter County to develop a ‘balanced budget’ each and every fiscal year, which shall take into account the budgetary needs of each office, department and/or division of Carter County government and fund those budgetary needs only through utilization of existing and/or projected revenues.”
The second part of the resolution would set up a capital project reserve fund. At the end of each fiscal year, the county’s various departments and offices return unused funds from their budget to the county. Those monies are then placed into the county’s fund balance reserve. Under the proposed resolution, 50 percent of those returned monies would be set aside in a special fund to pay for capital projects.
The Commission will also hear a pair of presentations — one by Elizabethton/Carter County Chamber of Commerce Board President Chris Hitechew on the tourism audit and one by Parks and Recreation Committee Chairman Ken Gough.
Commissioners will also consider a resolution to set their compensation for attending meetings.
The County Commission will meet on Tuesday, Jan. 16, at 6 p.m. in the courtroom located on the second floor of the Carter County Courthouse. Prior to the Commission meeting, at 5 p.m. Carter County Mayor Leon Humphrey will host an awards ceremony for local residents being honored through his Hometown Heroes initiative.