County, Hospital District Approve Tax Abatements For Ashoka Steel Mills
Negotiations Ongoing With City Regarding Land Acquisition The county and hospital district this week approved tax abatements for Ashoka Steel Mills, LLC, clearing two more steps for the company to invest $245 million in construct of its first plant in the United States on the city-owned old coal mine property on FM 1870 in Sulphur Springs. Ashoka Steel Mills Sulphur Springs-Hopkins County Economic Development Corporation Executive...
Hopkins County Hospital District Board Recommends Lower Tax Rate, Reviews Finances
Hopkins County Hospital District Board of Directors in their regular meeting Thursday evening recommended a tax rate for the 2022-2023 tax year that is roughly 2.5 cents less than the current tax rate and reviewed finances. Proposed Tax Rate The hospital district’s tax rate was 25-cents for several years. The tax rate decreased to 22-cents per $100 property valuation. The most it could be without having to have voter approval...
Sulphur Springs City Council Has Busy Night Ahead With Workshop Followed By Regular Meeting
Sulphur Springs City Council has a busy night ahead with a workshop scheduled at 5:30 p.m., followed by the regular monthly meeting at 7 tonight (Aug. 2, 2022). The workshop focus will be on a proposed budget for fiscal year 2022-2023. City staff are continually updating and working on finances. They will present their first proposal for discussion during the 5:30 p.m. work session, which will then be revised based on discussions and...
City Council To Consider Requests To Establish 2 Reinvestment Zones, 6 Zoning Changes
Gift, 2 Economic Development Projects, Real Property Matters, Contract Amendment For 2022 SIP Also On July 5 Agenda Sulphur Springs City Council has a lengthy July 5, 2022 agenda, which includes requests to establish two reinvestment zones for new businesses and six zoning changes — including one reinvestment zone request and five rezoning requests to be presented for second and, if approved, final reading; and one new request each to...
Refinancing Of 2 Bonds Projected To Save The City $214,000 Over 10 Years
A 2020-21 budget update, refinancing 2 bonds, continuation of the 2021 street improvement program, selection of a candidate to serve as city secretary starting in December, purchase of equipment for the street department and selection of a bid for paving Westwood Street were among the items Sulphur Springs City Council tackled as part of their regular October meeting agenda this week. Financial Update The unaudited numbers for the...
Sulphur Springs City Manager’s Report – July 2021
Sulphur Springs City Council received from City Manager Marc Maxwell the following monthly manager’s report during the July 7, 2021, council meeting: COVID-19 Response The number of active cases in Hopkins County decreased 58% since our last meeting with 16 active cases as of May 28th. There are 0 patients in the COVID unit at the hospital. Grays Building The building is sufficiently completed to rent out for events. Landscaping is...
3 Assistant City Managers Appointed, Top Candidates For Secretary, Attorney Named
Three assistant city managers were appointed and the top candidates for city secretary and city attorney were also named during Tuesday night’s regular Sulphur Springs City Council meeting. City Manager Marc Maxwell noted the council held an executive session just prior to the start of the 7 p.m. meeting. He said the recommendations were part of long term personnel planning for the city. Maxwell stated that the city has been...
Sulphur Springs City Council Will Be Asked To Act To Protect Area Water Rights
Maxwell: City of Texarkana’s Superior Water Use Request Could Impact Cooper Lake, Regional Water Supply While most of the Sulphur Springs City Council July 6 agenda appears fairly routine, with the exception of two items: one would start the process to protect the area water rights and another could provide funding to advance development on the old Thermo mine property. Water Use Permit The Sulphur Springs City Council will be...
