Florence Council Approves Changes to Allow Tim Horton's, Verizon to Move Forward
Florence city council approved a concept development plan for two sites that are poised for development.
A site that is just more than one acre large on the south side of U.S. 42, a Verizon store is expected to be constructed.
On another, a 1.226-acre site on the southeast corner of U.S. 42 and Express Street, was approved for a drive-thru. A Tim Horton's location is set to go there.
A third property, also brought forth by the same owner as the previous two, was seeking approval for a drive-thru, too. But, after facing neighbor complaints about possible headlight intrusion, the owner withdrew his request.
Council also voted to lower its insurance premium tax from 8 to 5 percent, returning it to its 1984 rate. The lower rate will drop the city's income by $1.7 million in the next fiscal year.
The city set the 5 percent rate in 1984, and it rose to 6 percent in 1991, only to be lowered again to five percent in 1994. Then in 2004 it was raised to 8 percent. The only other cities in the area with a 5 percent rate are Crescent Springs, Villa Hills, and Walton.