Raincliffe On Agenda

March 10, 1991

SYKESVILLE — The developers of the proposed Raincliffe Business Center will meet with the Town Council at tomorrow's regular meeting, this time for a vote on the financing of the industrial-retail complex.

The meeting is at 7:30 p.m. at the Town House, 7547 Main St.

Security Enterprises Inc. of Ellicott City, Howard County, had proposed financing the center with a $1.5 million state and county loanthat would be administered by the town.

The council rejected a motion Feb. 25 to introduce an ordinance creating a special tax district for the loan package.

In a special closed session Tuesday, Security Enterprises offered the town additional collateral protection on the loan, said Town Manager James L. Schumacher.

Copies of three proposed ordinances and two resolutions concerning the center were drafted and given to all council members for study prior to tomorrow's meeting.

Schumacher said the council is expected to introduce the proposals and vote on them. If passed, a public hearing would be scheduled for a later date on the Raincliffe Center.

Also on the agendawill be proposed new Dumpster fees, a budget amendment, discussion of the town's health care plan, and reports on the status of subdivision developments.

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