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month set out on the note, which he felt might be a violation of <br />the usury laws, and in discussion it was felt this undoubtedly <br />was intended to be either 1.5% per month or 11.5 percent per <br />annum. <br />County Attorney Vitunac advised that he would check this out <br />with Tax Collector Morris. <br />ON MOTION by Commissioner Wodtke, SECONDED by <br />Commissioner Bird, the Board unanimously (4-0) <br />approved the payment of Paving & Drainage <br />Improvements by Richard D. Addams as set out <br />in the following Promissory Note upon assurance <br />that it does not violate any usury requirements. <br />11 <br />MAY 21 1986 BOOK 04 FAcc 468 <br />