Meeting Minutes
6/30/2011

Floyd County Board of Supervisors Meeting

June 30, 2011, 3:30 PM

UNAPPROVED MINUTES

The Floyd County Board of Supervisors met for special session at 3:30 p.m. on Thursday, June 30, 2011 in the Board Room of the Floyd County Courthouse with the following in attendance:  Chairman Dunkel, Supv. Kamm, and Supv. Kuhn.

Kamm/Kuhn moved to approve the agenda as presented.  Motion carried 3-0. 

The Board noted that the Public Hearing regarding the authorization of noncurrent debt per Iowa Code 331.478.2.i to carryover debt for unreimbursed Internal Revenue Service (IRS) interest payment for Build America was canceled due to payment being received by the IRS as of today. 

Kamm/Kuhn moved to approve Res 26-11 Intrafund Loan Payback to reverse the funds that had been previously transferred from the General Fund to the Debt Service Fund to cover the IRS payment on the Build America Bonds.  Motion carried 3-0.

Kuhn/Kamm moved to approve the Letter of Agreement between NVT Mason City, LLC (d/b/a KIMT-TV) and Floyd County which replaces an oral agreement allowing KIMT to place a camera on the courthouse room and use the County’s internet.  Motion carried 3-0.  Kuhn/Kamm moved to approve the Waiver and Consent to Collateral Assignment between Floyd County and General Electric Capital Corporation based on a Letter of Agreement between NVT Mason City, LLC (d/b/a KIMT-TV) and Floyd County.  Motion carried 3-0. 

Kamm/Kuhn moved to approve Res #17-11 Amended, a Resolution of the Floyd County Board of Supervisors Establishing Fund Balance Policies as Required by GASB 54.  Motion carried 3-0.

The Board conducted the annual cash count for the Treasurer’s Sheriff’s and Recorder’s offices. 

Kamm/Kuhn moved to adjourn.  Motion carried 3-0.

 

ATTEST:  _________________________________             ____________________________________

            Gloria A. Carr                                                            Warren K. Dunkel, Chair

            Floyd County Auditor                                            Floyd County Board of Supervisors

 

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