HomeMy WebLinkAboutC.054.93009_2082REQUEST FOR ADOPTION OF A RESOLUTION FOR THE DECLARATION OF
INTENT REGARDING A LOAN IN THE AMOUNT OF $9,000,000: Blumenstein said the
resolution was a result of the board's action on February 2, 1999. Mrs. Blumenstein said the
resolution did not obligate the county to borrow the $9 million, but rather, the resolution was a
"safety net" in case borrowing occurred. In addition, Blumenstein said the resolution covered the
county up to $9 million, but a lesser amount could be borrowed.
Commissioner Johnson said he could not proceed any further with the proposed $9 million
debt for the county.
Commissioner Fortner asked Johnson how he planned to fund the capital needs of the county.
Johnson said budgetary discipline had been used in the past, and the county was in an
enviable debt service position. He suggested a pay-as-you-go method. Johnson said the court needs
could be remedied the first year, the DSS needs the second year, and during the third year the needs
of the library could be addressed.
Commissioner Stewart said she knew the county's capital needs were real, but she had a
problem with the amount of interest that would have to be paid with a $9 million loan. She said she
was apprehensive about borrowing that much money when it was really not known what would be
needed in the FY 1999-2000 budget. Stewart said she knew there would be more school needs.
Commissioner Bowles said his problem dealt with the public's perception on the $9 million
loan. He said the citizens knew this was a revaluation year, and they were reading in the newspapers
that property values were going to increase. Bowles said the public was beginning to ask, "Where
is the money going?" Bowles asked how many capital projects could be worked on at one time.
Mr. Mashburn conceded that it was more difficult to manage several projects at one time.
He said that if the board did not pursue the loan, that he would at least encourage the go-ahead for
initial work on the Agricultural Building. Mashburn said it would take at least six months for
completion of the design work, and then at least a year for construction.
Stewart asked about the design work for DSS.
Johnson asked if there was enough money to cover the design costs for both the Agricultural
Building and DSS. Mashburn said there was enough money.
Fortner said she would like the county to proceed with the land purchase for the library.
MOTION by Commissioner Johnson to direct the county staff to proceed with the design
work for the Agricultural Building and the DSS Building.
VOTING: Ayes - 5; Nays - 0.
(Note: There was no action on the resolution. Chairman Haire noted that the board took -full
responsibility for not approving the resolution.)
REQUEST FOR APPROVAL OF MINUTES: January 29 & 30, 1999 (Winter
Planning Session) and February 2, 1999 (Briefing & Regular): MOT107N by Commissioner
Johnson to approve the referenced minutes with the exception of a revision to the January 30, 1999
minutes.
VOTING: Ayes - 5; Nays - 0.
APPROVAL OF BUDGET AMENDMENT #31 (SUPERSEDES BUDGET
AMENDMENT #29) FOR THE PURPOSE OF RECOGNIZING TAXES FROM THE