Laserfiche WebLink
BOOK 98 Rr,k <br />.Mr. Marine had heard a report that the School Board did not <br />really need the "race track" monies, they just wanted them. He <br />assured the Commissioners that was incorrect, they do need- those <br />funds. <br />Mr. Mayfield asked if the two boards were finished with this <br />topic because, before the meeting was over, he wanted to know the <br />consensus. <br />Chairman Talbert thought the County had been stunned that the <br />School Board had asked for the "race track" funds, but, today the <br />School Board had shown how they had arrived at that request. <br />Mr. Lindsey did not want to "just throw this out the door", <br />but he had not seen anything to grab hold of. He preferred to have <br />the offer tendered in the letter placed on their agenda for a vote <br />and then direct the Superintendent how to proceed with negotiations <br />if there is an interest. <br />Commissioner Bird agreed that Mr. Donadio's figures were <br />correct, that the School Board does not have the money to do the <br />renovations without some relief from the "race track" <br />funds. Unfortunately the County has them pledged and the County <br />Commission ,is neither willing, nor inclined, to give them up. So, <br />it is a dilemma which may not provide a win-win result. If the <br />School Board decides they do not want the buildings, the County <br />will be deciding the future of the buildings and using sales tax <br />monies to build for the future. <br />Mr. Mayfield was uncomfortable with the label "race track" <br />money, because to him it was a revenue stream. He asked if some of <br />the sales tax dollars could be used to buy out the School Board's <br />lease. <br />Administrator Chandler advised that staff had given earlier <br />consideration to that idea, but they were unable to make a <br />recommendation to the Commission prior to addressing other needs. <br />Commissioner Eggert explained that certain procedures (public <br />hearing, etc.) were necessary before the Board could even discuss <br />something like that. <br />In response to the question, Administrator Chandler advised <br />that the 10 tax generated about $5.5 - $5.7 million per year. <br />Commissioner Bird emphasized that those monies were used to <br />build the new jail, Sheriff's complex, libraries, courthouse, and <br />so forth. He believed that convincing,the voters to agree to that <br />tax was one of the best things ever done because it has allowed the <br />County to pay cash for those buildings and be without debt service: <br />Administrator Chandler recalled that two points were made to <br />the public when that March referendum was offered: build the new <br />16 <br />May 30, 1996 <br />