ASSESSMENT CONTRACT WITH CTC OF LT ENTERPRISE, INC.

Item 20: Consideration of Assessment Contract with CTC of LT Enterprise, Inc. Relative to Improvements to 202 SW Main Street (for demolition of remaining remnant wall; City will make $79,330 available; assessment will become recorded lien against property; owners to reimburse City @ 8% interest; owners agree to no-contest foreclosure if assessment not repaid by May 2027)

Recommended Action: Approve Assessment Contract and Authorize the Mayor and City Clerk to

Votes:

Knight - Y
Blackwell - Y
Joyner - Y
Walker - Y
Daughtridge - Y
Bullock - Y
Miller - Y