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Lone Oak, KY Real Estate News

By Bill Dunn
(Elite Realty Group)
In 1979, business owner Carl Ligon lead the move to incorporate a half-square mile area of Lone Oak, KY to avoid being annexed by the city of Paducah. The effort succeeded, however, the city hasn't been able to grow because of the same reason the city incorporated in the first place - neighboring residents don't want to be annexed and pay additional taxes. Since the incorporation in 1979, Lone Oak residents have enjoyed their own police department, mayor, city commission and taxes. Now, residents are fed up with paying the taxes and say they are not receiving much in return or would rather go without. One benefit of the incorporation is in the city's business licenses. Anyone needing a business license in Lone Oak will find them incredibly reasonable. Licenses are a flat $100 per year. ...
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