Agenda Package - 02-04-08 - Laserfiche WebLink

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Oil • Davenport & Sons request to forgive the $1,494.49 penalty for taxes not listed in 2004. Upon a vote, the results were as follows: Aye: Brown, Kelly, Lemmond, Paschal, Quiggle, Reives, and Shook Nay: None The Chairman ruled the motion had been adopted unanimously. The Board considered a request for financing from the Sanford-Lee County Regional Airport Authority. Economic Development Director and Airport member Bob Heuts told Board members that the City of Sanford and Lee County were being asked for a loan in the amount of $687,750 ($343,875 each) for the construction of nineteen (19) T-hangars. The Airport Authority currently owes $374,366 ($187,183 each) for a loan for hangars which originated in February 2002. County Manager John Crumpton stated that after reviewing the payment schedules it is recommended the old loan and new loan be combined for a total loan amount of $1,062,116. The loan will be paid back by the Authority over a 10-year period at an interest rate of 5.25 percent, and it is recommended that a Deed of Trust accompany the loan. After some discussion, Commissioner Kelly moved to approve the recommendation of the County Manager to combine the two loans and loan $343,875 from the Fund Balance to the Sanford-Lee County Airport Authority for the request, pending approval of the Local Government Commission- Upon a vote, the results were as follows: Aye: Brown, Kelly, Lemmond, Paschal, Quiggle, Reives, and Shook Nay: None • The Chairman ruled the motion had been adopted unanimously. The Board considered an appointment to the Lee County Planning Board due to the recent death of Mr. Reuben Dowdy. Clerk to the Board Gaynell Lee asked the Board to appoint first alternate Rev. Herman Morris to fill Mr. Dowdy's unexpired term, move second alternate Ms. Martha Lucas to the first alternate position and appoint someone for the second alternate position. No names were submitted for appointment and the Board asked the Clerk to advertise for the second alternate position. Chairman Brown stated he was appointing Commissioner Linda Shook to serve as the Board's liaison to the Board of Education. Commissioner Shook will replace former Commissioner Kirk Smith as the education liaison. Finance Director Lisa Minter presented the December 2007 Financial Report to the Board. Commissioner Kelly moved to accept the Financial Report as presented. Upon a vote, the results were as follows: Aye: Brown, Kelly, Lemmond, Paschal, Quiggle, Reives, and Shook Nay: None The Chairman ruled the motion had been adopted unanimously. Finance Director Lisa Minter presented a Lottery update to the Board. Ms. Minter stated • for FY 2006-97, $1,079.871 was placed in the County's lottery account with the Department of Public Instruction. For FY 2007-08, it is estimated that Lee County will receive distributions of $1,138,642. $600,498 is the County's portion of what is distributed to all LEAs' $538,144 is the 5