6/4/1980 - Laserfiche WebLink

Home Browse Search

COMMISSIONER WODTKE NOTED THAT WE ALL TRY TO PLAY GUESSING GAMES WITHTHEINTEREST RATES,,AND HE WOULD LIKE TO HAVE THE MECHANISM TO BE ABLE TO PROCEED SO THAT IF WE GET IN A SITUATION WHERE WE NEED TO GET IT DONE, WE MAY POSSIBLY BE A COUPLE OF WEEKS AHEAD OF SCHEDULE. HE STATED THAT HE WAS IMPRESSED WITH THE PRESENTATION AND THE FIRM S CAPABILITIES, AND WOULD LIKE TO'SEE THE BOARD ACCEPT SMITH BARNEY TO DO THE WORK. CHAIRMAN SIEBERT AGREED. ON MOTION BY COMMISSIONER WODTKE, SECONDED BY COMMISSIONER LYONS, THE BOARD UNANIMOUSLY AUTHORIZED THE CHAIRMAN AND ATTORNEY AND STAFF TO WORK WITH SMITH BARNEY, HARRIS UPHAM & CO. WITH THE BOND ANTICIPATION NOTES FOR THE INDIAN RIVER COUNTY SOUTH WATER DISTRICT FACILITY PROGRAM AND OTHER RELATED ITEMS. CHAIRMAN SIEBERT ASKED ABOUT THE RESOLUTION, AND ATTORNEY COLLINS STATED THAT WOULD BE PREPARED,HE FELT, AT THE VERY EARLIEST BY THE NEXT MEETING BECAUSE HE WANTED TO CONTACT OUR BOND COUNSEL. HE NOTED THAT FROM OUR POINT OF VIEW HE WOULD RATHER COORDINATE WITH FMHA WITH RESPECT TO THE BAN WITH THE SAME BOND COUNSEL, MR. LYONS AND MR. DOBBS AGREED. COORDINATOR THOMAS NOTED THAT IN REGARD TO THE $450,000 TAX ANTICIPATION NOTES FOR THE TEST WELLS AND -LAND PURCHASE, ALL THE BOARD HAS TO DO IS AUTHORIZE ATTORNEY COLLINS TO PREPARE AND ISSUE THEM BECAUSE THE FUNDS HAVE ALREADY BEEN EXPENDED. ON MOTION BY COMMISSIONER Loy, SECONDED BY COMMISSIONER DEESON, THE BOARD UNANIMOUSLY AUTHORIZED THE ATTORNEY TO PREPARE AND ISSUE THE $450,000 TAX ANTICIPATION NOTES FOR THE TEST WELLS AND LAND PURCHASE. PERSONNEL DIRECTOR DONLON INTRODUCED NICK PELLEGRINO OF COD's & ASSOCIATES, INC.,TO REVIEW THE PROPOSED RULES AND REGULATIONS FOR THE PERSONNEL MANAGEMENT SYSTEM, THE AFFIRMATIVE ACTION PLAN, AND THE SUPERVISORS PERFORMANCE REVIEW HANDBOOK. MR, PELLEGRINO NOTED THAT THESE DOCUMENTS HAVE BEEN SUBMITTED FOR THE BOARDS REVIEW. L HE EXPLAINED THAT THEY ARE BASED ON RULES 65 $fl01(. 40" 6 r, E-667