The Atlantic City Council will meet 5:30-p.m. Wednesday at City Hall. During the meeting, Mayor Dave Jones will make an announcement regarding “The Pledge of Allegiance.” A public hearing will take place prior to the approval of Fiscal Year 2021 Maximum Property Tax Dollars, the amount of which is unchanged from the Feb. 5th Council meeting, and that calls for the total maximum levy for affected properties in the amount of $2,295, 878, or an increase in generated dollars, of 2.71%.

According to City Administrator John Lund, the Maximum Property Tax dollars requested in the total maximum levy for affected tax levies in FY 2021, represents greater than 102% of the Maximum Property Tax Dollars requested for the current FY 2021. The total tax rate includes a voted General Fund levy, Debt Service levy, and Capital Improvement levy.

The Council will then hold a Public Hearing on a proposal to enter into a General Obligation (G.O.) Solid Waste Management (SWM) Loan Agreement, followed by action on passing a Resolution for the same, along with the levy of taxes to pay for the loan. The Cass County Landfill (as we’ve previously mentioned), has instituted a per-capita fee of $12 per resident, to be assessed annually. The City’s share of the total amount is $85,344, payable in four equal payments over the course of the fiscal year.

The SWM Resolution will be followed by a Resolution “Setting the date for a Public Hearing on a Proposal to Enter into a G.O. Refunding Loan Agreement, and to Borrow Money Thereunder, in a principal amounts not to exceed $2.25-million. Essentially, this would allow the City of refinance the remaining debt with a new, short-term bond, resulting in an interest savings over the term of nearly $53,000.

In other business, the Council will discuss No Parking on the north side of East 12th Street, which is a dead-end located just east of the Heritage House. Parking is allowed on both sides of the street, which one property owner says obstructs the passage of standard vehicles through the street. There have also been concerns from the Police Chief and Street Superintendent with getting police, fire and street department vehicles through the area.

And finally, City Administrator John Lund will present an overview of the FY 2021 Budget proposal and 10-year Capital Improvement Plan (CIP)…amounting to 197 pages worth of information.