Palmyra City Council members approved $4 million in industrial revenue bonds and other measures to move expansion ahead at the Warren Head Business Park during their meeting on Thursday, July 19.
Mayor Pro Tem Pam Behring opened up a public hearing for discussion about the proposed bonds, and no members of the public expressed comments. The regular meeting commenced and council members granted unanimous approval for issuing and selling $4 million in industrial revenue bonds. The funding will go toward construction and development costs associated with an approximately 80,000-square foot expansion facility for Rack Builders Inc., doing business as Palmyra Industrial Inc.
In other business:
Council members approved a preliminary subdivision plat from Kilngner and Associates and signing closing documents with Estelbrook Real Estate for ongoing development work at the Warren Head Business Park.
The eastern side of Thompson St. will be renamed Warren Lane to avoid issues with 911 service and a necessary renaming of addresses along the route.
Council member Ken Sheputis reported the House Committee will be working with Klingner and Associates to determine if walls can be relocated inside the former police station for potential future uses. Behring said the Ordinance Committee discussed potential solutions for subdivision lighting with Board of Public Works Superintendent Brent Abell.
Members of the city council also approved a resolution capping the building permit fee at $100,000 for new construction projects.
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