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City gets loan to pay bills The Thomasville City Council approved a $300,000 bridge loan to pay renovation work bills on the civic center project. The loan will be offered at 4.99 percent and is expected to be paid back when bonds for the civic center project are sold, or after 90 days. Council member Charles Allen, who has expressed his concern over the project's finances before, said he still had questions about the project's finances and asked the council discuss them, but so far, there has been little discussion from other council members about it. Mayor Sheldon Day said he believed a discussion of the civic center projects finances would be more appropriate in a council work session. Even though the council does not meet in chambers for work sessions, they are open to the public, as required by state law. Allen said he was concerned that the contingency portion of the civic center budget was only $72,000 according to proj- ect documents. Day said he anticipated interest earned by the city on the bonds and money raised by the original civic center committee to make up the rest of the contingency fund. So far, the city has neither the money raised by the original civic center committee or any interest income from the sale of the bonds. The resolution to get the loan was approved by a 4-1 vote with Allen voting against. Parking lot sales The council is still hearing versions of an ordinance that would keep private owners from selling their cars in the parking lots Thomasville's shopping centers. The current proposed ordinance would only allow private individuals to sell one car at a time on their own property. Day said there was still some room for improvement in the ordinance before the council takes it up for a vote. "We want to be as flexible about this as we can," he said. But Day also noted that most of the vehicles for sale in the shopping center parking lots had out of county tags. Twin Rivers gets money
Thomasville joined the rest of the cities in the county by agreeing to lend some financial support to the Twin Rivers Economic Development Partnership. The council pledged $25,000 per year for the next two years in addition to donating an additional $10,000 for the current fiscal year.
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