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as recommended in the memorandum of December 14, <br /> 2011 . <br /> 8. .7. ACCEPTANCE OF CHILDREN'S SERVICES ADVISORY COMMITTEE 'S ANNUAL REPORT <br /> FOR OCTOBER 1. 2010 - SEPTEMBER 30. 2011 <br /> ON MOTION by Commissioner Davis, SECONDED by <br /> Commissioner Flescher, the Board unanimously accepted <br /> the Children' s Services Advisory Committee ' s Annual <br /> Report for 2010 -2011 , as recommended in the <br /> 4444 11 memorandum of December 8 , 2011 . <br /> 8 INTEREST RATE CHANGE ON ALL COUNTY FINANCING WE PAVING, UTILITY <br /> K <br /> ` ASSESSMENT PROJECTS. UTILITY IMPACT FEES, ETC. <br /> ON MOTION by Commissioner Davis, SECONDED by <br /> Commissioner Flescher, the Board unanimously: ( 1 ) <br /> approved the fixed interest rate of 5 . 75 % ; and (2) <br /> approved for the rate to remain in effect for calendar year <br /> 2012 for all County financing with the exception of <br /> projects directly affiliated with a bond issue for which the <br /> bond covenants dictate a different interest rate, as <br /> recommended in the memorandum of December 14, 2011 . <br /> O <br /> 8. L. CONSIDERA TI N OF HOURLY RATE INCREASE FOR DAY LABOR SERVICES IRC BID <br /> NO 2012006, PUBLIC WORKS DEPARTMENT/ROAD AND BRIDGE DIVISION <br /> ON MOTION by Commissioner Davis, SECONDED by <br /> Commissioner Flescher, the Board unanimously approved <br /> staff s recommendation, Alternative 2 , and authorized the <br /> BK <br /> December 20, 2011 g 4 PG 7 9 <br /> ,i <br />