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Local News

What’s it worth? City to establish market value for five properties

September 15th, 2011 12:16 pm by Gary B. Gray

The City Commission will consider a resolution tonight to establish fair market value for five properties needed to upgrade stormwater improvements generated by flooding on King Creek.

The properties are bounded by West Market, Boone, King and Montgomery streets and include the property formerly owned by Commissioner Jane Myron known as Black Tie Formal Wear. Myron has abstained from voting on issues pertaining to the purchase.

Myron’s former property at 200 W. Market St. was appraised by William A. Miller Co. at $133,900. Other properties on West Market include 204 (Kindred Young, $262,400), 210 (Evelyn Moore, $82,000), and 214 (Patton property: $129,200). The final property at 102 Montgomery St., identified as the Whaley property, was appraised at $54,300 for a total cost of $1,022,300.

“In a best-case scenario, we could begin demolition in spring of 2012,” said Public Works Director Phil Pindzola. “A couple of buildings still are being used for storage, and it would be best if we could do all the demolition at one time.”

The city’s stormwater plan includes removing these structures to provide retention areas that could hold runoff and let it flow into a lower portion of the creek. “In the long term, we will need to open these areas up because right now the creek runs underground,” Pindzola said. “We have to figure out how to increase the King Creek drainage way.”

Funding for the acquisitions will come from the city’s stormwater utility fund.

Tonight’s meeting does not include a consideration of a resolution by the Johnson City Board of Education to place a onequarter cent local sales tax hike on the March ballot. The school board has passed a resolution to bring the matter before the commission.

Though the Washington County Commission has, for now, tabled the idea, a joint board comprised of members from the Washington County and Johnson City school boards recommended the referendum.

Board of Education Chairwoman Kathy Hall introduced the resolution last week and said residents and visitors alike would bear the burden of the tax increase.

“We’ve asked that it be placed on the (City Commission) agenda sometime in October,” Hall said Wednesday. “We’re waiting for the county to sort things out, and we’re hoping they will consider a similar proposal.”

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