The Board of Mayor and Aldermen for the City of Loretto is scheduled to convene for a Regular Session on Tuesday, June 3rd, at noon. During this meeting, the Board will deliberate on several key agenda items, as well as any additional matters that may arise.
Among the items up for discussion is Ordinance 2025040101, which seeks to prohibit off-premise outdoor advertising signs and will be presented for its second reading. Another significant item is Ordinance 2025050601, which proposes amendments to the Parks and Recreation Budget, as well as the Highway and Streets budget, both of which fall under the General Fund Budget and will also be reviewed for a second time.
Additionally, the Board will consider Ordinance 2025060301, which aims to amend and entirely replace Chapter 5 of the Loretto Municipal Code concerning Junk Vehicles. This ordinance is crucial for updating local regulations regarding vehicle management.
In terms of financial matters, Resolution 2025060301 will be on the agenda, authorizing the issuance of interest-bearing utility systems revenue and tax capital outlay notes, Series 2025. The proposed amount for these notes is capped at $1,450,400, and they are intended to finance the acquisition and installation of Advanced Metering Infrastructure (AMI) meters for the City’s gas and water customers.
Furthermore, the Board will introduce Ordinance 2025060302, which pertains to the adoption of the General Fund Budget for the fiscal year 2025-2026, marking its first reading. Lastly, Ordinance 2025060303 will be presented for its first reading, which involves setting the rates for water, sewer, and sanitation services.
This meeting promises to address significant legislative and financial matters that will impact the community, and all interested parties are encouraged to attend.