Laserfiche WebLink
• <br />The Chairman thereupon declared the resolution duly passed and <br />adopted this 2 day of N n v e m h e r , 1998. <br />ATTEST: <br />Jeffre K Barton, CI p J <br />BOARD OF COUNTY COMMISSIONERS <br />INDIAN RIVER COUNTY, FLORIDA <br />By: r <br />John W. Tippin, Ofia&an <br />APPROVED AS TO FORM <br />AND LEGAL SUFFICIENCY <br />BY <br />WILLIAM G. COLLINS 11 <br />DEPUTY COUNTY ATTORNEY <br />• <br />U.B. VICE CHAIRMAN MACHT - COMMENT ON Y2K (YEAR <br />2000 COMPUTER COMPLIANCE) <br />Vice Chairman Macht wanted to see a signed letter from our banking institution that <br />they are prepared to deal with the Y2K phenomenon and that the County is protected against <br />any kind of a breakdown that results from it. <br />Administrator Chandler stated that he can bring back something. Aside from looking <br />at our own mainframe and Finance in terms of Y2K, he assured that contact has been made <br />and they continue to make contact with those the County is doing business with to assure, <br />as best we can, that we do not have a problem. <br />Budget Director Joseph A. Baird advised that a letter had been received from our bank <br />concerning Y2K, which is all we can go on; he will send a copy to Vice Chairman Macht. <br />Vice Chairman Macht asked Director Baird if he was satisfied in all the County's <br />financial dealings that there is nothing where a breakdown in their system would adversely <br />affect the County. <br />Director Baird responded that this would be difficult because, over the years, we have <br />done several bond issues, which we have paid off. We have paying agents in many <br />institutions which have a legal obligation to be Y2K compliant, and we can only assume they <br />are. He can attempt to write all the companies. <br />Commissioner Adams quipped that by the time we get an answer from all of them, it <br />would be the Year 2000. <br />NO ACTION TAKEN. <br />November 24, 1998 <br />37 <br />600K 107FACE '119. <br />