Meeting Minutes
11/9/2009

Floyd County Board of Supervisors Meeting

November 9, 2009, 9:00 AM

UNAPPROVED MINUTES

The Floyd County Board of Supervisors met for a workshop session at 9:00 a.m. on Monday, November 9, 2009 in the Board Room of the Floyd County Courthouse with the following in attendance:  Chairman Staudt, Supv. Dunkel and Supv. Enabnit.

Enabnit/Dunkel moved to amend the agenda to include the noting of hiring of a Veterans Affairs Department employee.  Motion carried 3-0.   Dunkel/Enabnit moved to approve the agenda as amended.  Motion carried 3-0. 

The Board will review the claims individually after the meeting.

The Board noted the termination of County Attorney employee, Theresa Farmer, effective November 6, 2009. 

The Board discussed 2010 appointments for various county boards and commissions.

The Board discussed the FY11 budget process, including the Communications Center budget request for $373,739 for dispatch and $14,000 for communications equipment. 

The Board noted the hiring of Jeri Asher by the Veteran Affairs Commission effective October 1, 2009.  Asher is a part-time, temporary employee being paid $10 per hour.  The $10,000 veteran affairs allocation will cover Asher’s wages. 

The Auditor updated the Board on a telephone call from the attorney working with the Vorhes lawsuit.  Board of Supervisor minutes since January 2009 which contained discussion regarding the lawsuit were provided to Mr. Duffy, attorney for Vorhes.  Our attorney said Duffy also plans on having McClure Engineering inspect the concrete structure.  Supv Staudt told the Board that he and other property owners in the drainage district received notice from a different attorney about a mediation meeting. 

Jeff Heil, Northland Securities representative, and the Board discussed bonding for the Urban Renewal Area.  Heil provide a comparison of rated and nonrated bond rates.  Should the County become rated, we would be able to obtain a lower bond rate which would save over $100,000 in interest.  A potential timeline includes having Bob Josten, bonding attorney, prepare a resolution for the November 24 meeting to set a hearing date on December 8 to bond and allow about three or four weeks from then for getting rated and issuing bonds.  Heil also updated the Board on the Build America Bonds which would avail a 35% interest rebate from a federal government stimulus program with the risk of whether or not the program will continue for the life of the bonds.  The County will be able to bond for approximately $7 million.  The Board will act at tomorrow’s meeting on whether or not to have Northland Securities proceed with determining the S&P rating process. 

A motion was made by Supervisor Dunkel and seconded by Supervisor Enabnit to adjourn.  Motion carried 3-0.

 

ATTEST:  ________________________________             ____________________________________

            Gloria A. Carr                                                           Leo B Staudt, Chair

            Floyd County Auditor                                            Floyd County Board of Supervisors

 

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