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...
Ordinance Establishing Reinvestment Zone For $4 Million J-B Weld Expansion Approved
Sulphur Springs City Council approved on first reading Ordinance No. 2791, establishing an industrial reinvestment zone for J-B Weld, LLC, located at 400 CMH Road, just off West Industrial Drive in the Pioneer Business Park. J-B Weld is expanding its building and adding employees. J-B Weld Logo The reinvestment zone is needed in order for J-B Weld to be able to attain a tax incentive from Hopkins County Hospital District Board of...
$7 Million In ARP Funding Dedicated To NETEX, Communications Tower, Road Equipment, Salaries, Trustee Housing Facility, Retainage
Hopkins County Commissioners Court, in a special session Tuesday afternoon, committed the just over $7 million in ARP (American Rescue Plan) funding which has been allocated to the county toward 6 purposes: to assist NETEX, a communications tower, road equipment, salary replacement, a trustee facility and retainage. The Court also approved a security proposal and budget amendments for insurance proceeds received. American Rescue Plan...
Alliance Bank Chairman/CEO Tom Sellers Elected Chairman Of The Nation’s Largest State Community Banking Association
AUSTIN, Texas—The Independent Bankers Association of Texas (IBAT) is proud to announce that Tom Sellers, chairman of the board and chief executive officer of Sulphur Springs-based Alliance Bank, has been elected chairman of the IBAT board of directors for 2021-22. He officially accepted this position during the association’s 47th annual convention held September 18-21 in Austin. Tom Sellers, Alliance Bank chairman of the board/CEO and...
Statewide Banking Organization Honors Alliance Bank With 2021 Best Of Community Banking Award
Independent Bankers Association Of Texas Recognizes Sulphur Springs-Based Community Bank For Its Video Marketing SULPHUR SPRINGS, Texas—The Independent Bankers Association of Texas (IBAT)—the largest state community banking association in the nation—recently honored Alliance Bank with a Best of Community Banking (BOCB) Award. The bank, based in Sulphur Springs, Texas, received a Community Spirit/Gold Eagle BOCB Award for its...
Sulphur Springs City Manager’s Report – Oct. 5, 2021
Marc Maxwell presented the following monthly city manager’s report to Sulphur Springs City Council during their regular meeting Tuesday, Oct. 5, 2021. COVID-19 RESPONSE –The Delta variant wave of COVID-19 seems to have peaked. The number of active cases in Hopkins County decreased 36% since our last meeting with 240 active cases as of October 3. There are 18 patients in the COVID unit at the hospital Monday (and 15 Tuesday),...
$24,639 Collected During First Week Of 2021 HCUW Campaign
A total of $24,639 of the $150,000 goal was collected during the first official week of the 2021 Hopkins County United Way campaign. Hopkins County United Way Oct. 15, 2021, the first weekly campaign report meeting Although only half a dozen were able to stay for the entire meeting, several HCUW campaign workers stopped by before or sent the donation packets they’d collected with other volunteers to the first campaign report...
Board Approves 3-Cent Reduction In Hospital District Tax Rate
The Board of Directors this week approved a 3-cent reduction in the Hospital District Tax Rate for 2021-2022, and a budget during a special called meeting this week. 2021-22 Tax Rate The hospital district tax rate will be 22-cents per $100 property valuation, down from 25-cents. However, due to a 15.45 percent increase in appraisal values on the average taxable homestead value, property owners will likely see an increase in their tax...
HCUW Recognizes Lead Donors To 2020-21 Campaign At Kickoff Lunch
Hopkins County United Way recognized lead donors to the 2020-21 campaign at a kickoff lunch, hosted at Sulphur Springs Country Club, in their honor. HCUW Board President Mike Horne welcomed those attending the luncheon and offered a prayer for the meal partaken. The United Way Board of Directors was acknowledged. Lead donors to the 2020-21 campaign included Flowserve, Sulphur Springs ISD, GSC Enterprises, City National Bank, CHRISTUS...
Hopkins County Officials Seek Hazard Mitigation Assistance, Pandemic-Related Grant Funding
Hopkins County is submitting multiple hazard mitigation assistance grant applications, with County Judge Robert Newsom authorized as representative for DR-4586 (February’s winter storms) funding. Hopkins County Commissioners Court agreed to provide local matching funds required to secure and complete FEMA Hazard Mitigation Grant projects, if the county’s requests are granted. Beth Wisenbaker, local grants...
