Board approves consent agenda, allocates $110,000 from Powell fund for roads

The Southport Board of Aldermen approved its consent agenda, including a $110,000 allocation taken from the city's Powell fund for road maintenance. Mayor (speaker 1) opened the meeting noting "There's a balance in that power fund of $424,000" and that "the 110,000 will be taken out of this." The approval was moved by Alderman Spencer and seconded by Alderman Gross; the chair called the vote and the motion carried.

The mayor summarized the origin of the funding source. "This is a senate bill that was passed in 1951," the mayor said, referring to the Powell statute, and explained that distributions are based in part on population and road mileage and funded by a portion of the state gasoline tax and highway user fees. The board did not discuss additional changes to the funding formula at the meeting.