Last night Salisbury City council voted to establish a Foreclosure Task Force to help stop the high number of foreclosures in the area.
The task force will be made up of nine individuals such as bank representatives, realtors, and residents.
Council President Jake Day said, "We have this incredibly rapidly increasing rate of foreclosures -- an increase of 430% year over year from last year. So we’ve got have this rapidly increasing problem and we’re trying to create a group of people who know something about it to begin to address it and reduce those rates."
The president of the Salisbury City Council Jake Day and council member Shanie Shields is calling on the Interim City Administrator Tom Stevenson to implement a recommended 8.5 percent pay increase for city employees.
They said the pay hike is needed to make city salaries more competitive with other public employers.
During a council work session, Day said that he wanted to see the pay increase to be considered and implemented quickly.
The Salisbury City Council President Jake Day says that while there will be no promises he wants the Osprey Property Company to work with the Mayor’s office to clear the way for the $16.5 million Rivers Edge Apartments and Studios for the arts.
But first the developer must find financial support for the project which is finding it difficult to do despite a $3.2 million incentive package from state housing officials earlier this year.
Construction of condos was halted in 2008 when a dispute emerged between developer J. Michael Crosby and his lender Sandy Spring Bank.