Monticello City Council declared an emergency during their meeting Monday evening and approved the electric franchise ordinance. The council had been in the process of renewing the franchise agreement with South Kentucky RECC earlier this year.

    COVID-19 issues arose in March and the council had put much of its 
regular business on hold to deal with issues related to the pandemic. 
They met earlier this week and awarded the franchise renewal for a 15 
year period to South Kentucky RECC. The previous franchise agreement 
had expired late last year.
    The new ordinance sets the franchise fee at $5 per month per meter, 
up from $4 per month per meter which was part of the previous agreement.
    Also during Monday night's meeting, the council discussed the 
proposed budget for fiscal year 2021. City Clerk-Treasurer Greg 
Latham noted that this is similar to the budget Monticello is 
currently operating under.
    He has adjusted some revenue down because of the uncertainty of the 
pandemic. Latham said he estimated a decrease in the insurance 
premium tax in the next fiscal year, because many people may opt to 
decrease coverage for some vehicles.
    He also said that he had lowered the amount of revenue raised 
through activities at the park and the ASPIRE Center, since those 
facilities have been closed for several weeks.
    The city will maintain the same insurance for its employees next 
year, under the proposal. Cost will only increase by one percent, 
according to Latham. He added that this budget includes a one percent 
cost of living pay increase for city employees.
    Mayor Tracie Sexton asked council members if they wanted to hold a 
budget work session before the ordinance is read at next month's 
meeting. Council member Lea Hammond noted that it would give the 
council a chance to come up with a list of priorities that they could 
work toward accomplishing.
    A special work session has been set for Monday, June 1 at 6 p.m.
    In other action, the council:
    • Heard the first reading of an ordinance amending the budget for 
the current fiscal year.
    • Approved refinancing the MUC property on Columbia Avenue at a 
lower interest rate.
    • Learned that the blacktopping project on Myrtle Street has been completed.

This Week's Circulars

Recommended for you

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.