NU City Council Preview 04 Sep 12

The New Ulm City Council is scheduled to set the city’s preliminary property tax levy for 2013 this (TUE) evening. The initial proposal is for a 19% increase in New Ulm’s tax levy. This would be the maximum amount the council could then increase the levy, and it will likely be reduced significantly prior to final adoption in December. In other business, the council is scheduled to receive a report on the city’s options for removing or renovating the Marktplatz Mall sign in the City Hall parking lot. A 10-year agreement between the mall’s owners and the city to share the costs of the sign has expired, and the city has reportedly been covering the $100 per-month electric bill. Councilors will also consider a request to rezone property across from Hy-Vee in order to build an upscale apartment complex, and a public hearing will take place concerning a $350,000 loan request from SpecSys Inc. The contract engineering and manufacturing company is operating out of the former Caterpillar building. Today’s New Ulm City Council meeting starts at 5pm at city hall.