Council wraps up 2020 business
NEW KNOXVILLE – The New Knoxville Council meet Monday, Dec. 28, to finish up year-end business.
They approved an ordinance allocating 2021 income tax receipts toward the retirement of the following notes; $4,425 toward the South Street project, $3,600 toward Mill Street project, $1,834.06 toward Laura Street project, $31,710 toward Water Bond, $10,200 toward Bremen Street storm sewer project, and $5,200 toward West Bremen street improvements.
Other ordinances approved were third readings on: transferring funds of $15,266.22 from the water fund to the water bond fund for the year 2021, transferring funds of $32,091.50 from the general fund to debt service fund for the year 2021, transfer $15,000 from the general fund Capital Assets Fire/Emergency, transfer $30,000 from the sewer fund to the sewer reserve fund, and transfer $100,000 from the electric fund to the electric reserve fund.