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6/20/1979
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6/20/1979
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7/23/2015 11:43:39 AM
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
06/20/1979
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YEARS; IF THEY DO NOT RESPOND, THEIR NAMES ARE REMOVED FROM THE BOOKS. <br />ADMINISTRATOR JENNINGS DISCUSSED STORAGE OF THE VOTING MACHINES, <br />-AND IT WAS ADVISED THE PROVISIONS BE MADE FOR THEIR STORAGE. <br />ON MOTION MADE BY COMMISSIONER LAY, SECONDED BY COMMISSIONER <br />DEESON, THE BOARD UNANIMOUSLY AUTHORIZED THE SUPERVISOR OF ELECTIONS TO <br />ADVERTISE FOR THE PURCHASE OF 15 VOTING MACHINES AND ADOPTED THE FOLLOW- <br />ING BUDGET AMENDMENT TO MAKE FUNDS AVAILABLE FROM THE CAPITAL EQUIPMENT <br />ACCOUNT: <br />ACCOUNT TITLE ACCOUNT No. INCREASE DECREASE <br />EQUIPMENT 01-2441-402.00 $13,016 <br />SALARY- CONTRACTUAL 01-2441-103.00 $10,204 <br />MISCELLANEOUS EXPENSE 01-2441-204.00 $ 141 <br />OFFICE SUPPLIES 01-2441-205.00 $ 2,140 <br />COMMUNICATIONS' 01-2441-333.00 $ 305 <br />MAINTENANCE OF EQUIPMENT 01-2441-338.00 $ 226 <br />INTERGOVERNMENTAL COORDINATOR THOMAS INFORMED THE BOARD THAT <br />SEVERAL MEMBERS OF FIRST FEDERAL OF FORT PIERCE WERE HERE TO PRESENT <br />IDEAS RELATIVE TO THE HOUSING FINANCE AUTHORITY. <br />MR. MICHAEL BROWN, PRESIDENT OF FIRST FEDERAL OF FORT PIERCE, <br />INFORMED THE BOARD THAT THEY NOW HAVE TWO OFFICES IN INDIAN RIVER COUNTY, <br />THE NEWEST ONE LOCATED IN THE ROSELAND SHOPPING CENTER. HE CONTINUED <br />THAT FROM OCTOBER, 1978, TO MAY, 1979, WITH JUST ONE OFFICE, THEY WERE <br />THE LARGEST LENDER IN THE COUNTY. MR. BROWN NOTED THEY ARE AN ACTIVE <br />SUPPORTER OF THIS COUNTY, COMMITTED TO LOCAL LENDING, AND HAVE MADE OVER <br />$16,000,000 'NORTH OF LOANS SINCE THE FIRST OF THE YEAR. HE QUESTIONED <br />WHETHER THESE BONDS WILL BENEFIT THE GENERAL PUBLIC OR JUST A SMALL PER- <br />CENTAGE OF THE POPULATION AS THE GOVERNMENT IS ALLOWING THE PRESENT <br />RATES TO BE AT THESE LEVELS TO COMBAT INFLATION. MR. BROWN REPORTED <br />THAT RATES ARE HIGH RIGHT NOW, BUT MONEY IS STILL AVAILABLE FOR SOUND <br />LOANS; NOT LIKE IT WAS IN 1973. HE CONTINUED THAT THEY WILL BORROW <br />$15,000,000 FOR THIS PLAN AND HAVE HAD TO PAY FOR THESE FUNDS PRIVATELY <br />AT A MUCH HIGHER RATE THAN WHAT THE COUNTY IS PLANNING TO LEND. MR. <br />BROWN STATED THAT IF THEY HAVE TO CHARGE ONE RATE TO A PERSON WHO MAKES <br />OVER $15,000 AND ANOTHER RATE TO ONE WHO MAKES UNDER $15,000, THIS WILL <br />3 <br />JUN�Q177 <br />BOOK 41 PACE 03 <br />
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