Franklin City Commission approves tax moratorium and zone change for local properties

October 28, 2024 | Franklin, Simpson County, Kentucky


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Franklin City Commission approves tax moratorium and zone change for local properties
The Franklin City Commission convened on October 28, 2024, to address several key issues impacting the community, including meeting schedules, property zoning, and tax incentives aimed at revitalizing the downtown area.

In a unanimous decision, the Commission voted to cancel their upcoming meetings scheduled for Veterans Day and December 23, citing the challenges posed by the holiday season. Mayor Dixon noted the possibility of a special meeting before the year ends to address any urgent matters, emphasizing the need for flexibility during this busy time.

A significant topic of discussion was the proposed rezoning of a property on North Street, previously a car lot, from light industrial to general business. This change, which received unanimous approval from the zoning commission, aims to enhance the area’s commercial viability. The Commission moved forward with the necessary sponsorships to facilitate this zoning change, indicating a commitment to fostering local business growth.

Additionally, the Commission approved a tax moratorium for Lee Ross Dinwiddie, who recently purchased a historic property on West Cedar Street. This moratorium, part of a broader preservation ordinance established in 2019, allows property owners in the downtown historic district to defer city taxes for five years. The initiative is designed to encourage renovations and restorations, contributing to the revitalization of downtown Franklin. The Commission expressed strong support for this program, highlighting its positive impact on the community’s aesthetic and economic landscape.

The meeting also included discussions on various ordinances, including an interlocal cooperation agreement with the Franklin Simpson Industrial Authority, aimed at optimizing revenue collection from newly created industrial development areas. This agreement was passed unanimously, reflecting the Commission's ongoing efforts to enhance local economic development.

As the meeting concluded, the Commission prepared to enter an executive session to discuss personnel matters and potential litigation, underscoring the ongoing responsibilities of local government to manage both community and administrative challenges effectively. The outcomes of this meeting align with Franklin's broader goals of community enhancement and economic growth, ensuring that residents remain informed and engaged in local governance.

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