LAWRENCEVILLE -- Plans for Tax Allocation Districts, one on the Ga. Highway 120 corridor near Gwinnett Medical Center, the other on the Gwinnett College boundary, were discussed Monday night by the Lawrenceville City Council with possible approval at a special-called session later this month.
Under the state's Redevelopment Power Law, taxes can be reinvested in a TAD to help the infrastructure in that area, basically a financial incentive for future development.
"This is not a tax increase," Councilman Tony Powell said. Everyone in the district still pays the same taxes, but they can be used to help redevelop the area, and create jobs for a period up to 30 years.
TAD No. 1 (Ga. 120 corridor) consists of 156 parcels on 192 acres with potential revenues of $17 million to $18 million, while TAD No. 2 contains 293 parcels on 497 acres with $18.3 million in possible revenues.
At its regular meeting, the council also amended its alcohol beverage sales ordinance to allow wine shops to sell both beer and wine by the drink.In other business, the council: Allowed the city's chief judge to authorize the establishment of a court order surcharge amount to be added to any fine for a city violation.
Accepted the final draft of the audit report to be made a matter of public record.
Approved the abandonment of Seminary Street located in front of old City Hall since it's ceased to be used by the public. The street now reverts back to Gwinnett County.
Approved sewer easements on the Paper Hill Road property.
Announced that Oct. 22 is Recycling Day from 9 a.m. to 1 p.m. at the 20 S. Clayton St. parking lot for old paint, metal and paper. The event is open to the public.
Approved funding of $672 per month to IQM2 for the lease of a software program used in the city clerk's office.
Approved the low bid from G.S. Construction of $398,190 for the Ezzard Road Drainage Project.
OK'd the low bid of $78,323 to CMC Inc. for the ADA Sidewalk Project.
Passed a request for the purchase of equipment for $11,642. The equipment will assist the Gas Department with Public Service Commission regulatory compliance issues.