Tuesday, August 7, 2018
Presiding: Mayor Thomas K. Butt · Called to order: 6:37 p.m. · 2 items · 4 votes · 9 public comments
What happened
The council approved a 5-year employment agreement with Carlos Martinez as City Manager, paying him $260,000 annually in base salary with total compensation around $358,000. The vote was 5-2, with Beckles and Willis voting no.
The council unanimously approved putting a real estate transfer tax ballot measure before voters with tiered rates based on property value. Higher-priced properties would pay more tax when sold under the proposed system.
A vacant property tax of $3,000-$6,000 annually was also approved unanimously for the November ballot. Developed vacant properties would pay $3,000 yearly while undeveloped parcels would face $6,000 in annual taxes.
Auto-summarized from official minutes and vote records
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