Marked Tree council finishes old business at December meeting
For their last regular meeting of the year, the Marked Tree City Council finished up some old business. Among the items on Monday's agenda, the council approved a contract with Joey McCorkle for use of the rail spur for a future grain shipping business.
The council has been working to hammer out a contract with McCorkle since July. After Mayor Mary Ann Arnold vetoed a contract the council approved during their October regular meeting; the council, the mayor, and McCorkle were finally able to reach a compromise during a special meeting on Nov. 11. The contract agreed upon gives McCorkle the right to use the rail spur for ten years at a rate of $17,500 per year. McCorkle also has the right to sublease the spur without the express consent of the city for the first five years. During the second five years, McCorkle must obtain the city's consent.
The contract goes into effect when the facility is complete, which McCorkle estimated would be in 2016.
In addition to approving a resolution for the McCorkle contract, the council approved a resolution authorizing a lease agreement with Jerry Teague for leasing a section of property on the Marked Tree airport. The $200 a year, five year lease for Teague's Flying Service was approved by the council earlier in the year and required a resolution to make it official.
In other business, the council:
*accepted the water audit.
*approved a budgeted Christmas bonus for city employees--$300 for full-time, $150 for part-time, and $50 for firemen.
*approved a budgeted transfer of $5,000 to the Judge and Clerk Fund for a former employee's retirement.