HomeMy WebLinkAboutC.054.93009_2261 (2)Blumenstein said a resolution would need to be adopted if the board chose to follow through
on the loan. A resolution was prepared reflecting the BB&T interest rate of 4.53% over a two-
year period.
Commissioner Bowles said he was not opposed to the purchase of another air van; however,
he felt some controversy needed to be cleared up. He said that at the briefing session, the finance
director said $6,800 in interest charges would also have to be paid.
MOTION by Commissioner Bowles to postpone the matter until the October 5, 1999
meeting.
Commissioner Johnson said he was concerned about the sequence of events involved
in ordering the air van.
Commissioner Fortner said she had shared concerns at the last meeting about how this and
other financings affected the county's financial capability. She mentioned there were schools and
other county facilities that needed to be built. Mrs. Fortner said the tax rate for the fire departments
had been set at five cents so the VFDs could get out of debt.
Commissioner Stewart said the fire tax board had given consideration to using some of its
funds to pay down debt service. She said the air van would be creating new debt. She mentioned
that, perhaps, the fire tax board could take some of its fund balance to pay for the unit. That way,
the $6,800 in financing charges would be eliminated. However, Mrs. Stewart said that she, alone,
could not make the decision for the fire tax board.
Commissioner Johnson asked how much the fire tax district board had in undesignated fund
balance.
Mrs. Blumenstein said $322,000. She said $401,000 was reserved for truck purchases.
Stewart mentioned that other trucks were on the list to be ordered this year. She said it would
take a little time to figure out exactly how much money might be available.
VOTING: Ayes - 5; Nays - 0.
MOTtON by Commissioner Johnson for the board of commissioners to make it a policy
to refrain from engaging in this type of equipment financing in the future.
VOTING: Ayes - 5; Nays - 0.
REQUEST FOR A STATEMENT OF INTENT REGARDING FIRST REFUSAL
RIGHTS ON THE PURCHASE OFTHE MULBERRY STREET SCHOOL PROPERTY: Mr.
Mashburn said the Iredell-Statesville School Superintendent had recently advised that his board did
not desire to re -occupy the Mulberry Street School facility. The school, built in 1893, was recently
closed for the purpose of eliminating a severe bat problem. Mr. Mashburn said state statutes gave
counties the first refusal rights on school properties.
MOTION by Commissioner Fortner to decline the Iredell-Statesville School Board's offer
pertaining to the Mulberry Street School building and property.
VOTING: Ayes - 5; Nays - 0.
ANNOUNCEMENT OF VACANCIES OCCURRING ON BOARDS & COMMISSIONS
NURSING HOME ADVISORY COMMITTEE (2 announcements)
PERSONNEL ADVISORY COMMITTEE (2 announcements)