HomeMy WebLinkAboutC.054.93009_2266CONTINUATION OF DISCUSSION AND/OR DECISION REGARDING THE
LOAN FOR A NEW MOBILE AIR UNIT: Dale Walker, a member of the Mobile Air Unit
Committee, and Jimmy Deaton, a member of the Mooresville Rescue Squad, attended the meeting
about the request for a $100,000 loan for the purchase of a new vehicle.
Commissioner Stewart said the Fire Tax District Board recently met and was not willing to
advance the money needed for the vehicle. (At a previous commissioners' meeting, it was
mentioned that perhaps the Fire Tax District Board would revise its formula ($50,000 each year for
the next three years) pertaining to the purchase. This would eliminate the need for the loan and the
interest debt.)
Deaton said the need for the new vehicle had been discussed for the past three years.
Commissioner Stewart asked who was going to pay the $6,800 in interest.
Walker said he was aware of the interest, and he had discussed the matter with members of
the Mobile Air Van Committee.
Finance Director Blumenstein said she had recalculated her figures on the loan. She
reminded the group that sales taxes were reimbursed to the county. She said the sales taxes on the
vehicle would be around $3,250. Blumenstein said this money would eventually be refunded to
the county. The net difference would then be $3,600.
Commissioner Johnson asked Walker if the Mobile Air Committee had enough money to
pay the interest.
Walker said, "At this time, I would say yes." He said, however, he could not make the
decision.
Deaton said he thought the VFDs that had not contributed to the project should pay the
interest.
Blumenstein said she could appropriate $3,600 in the 2001-2002 county -wide service
district for interest due on the final installment loan payment for the vehicle.
ADJOURNMENT: Chairman Haire adjourned the briefing at 6:55 p.m.
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