MINUTES OF THE BOARD OF COMMISSIONERS
CALLED MEETING HELD ON DECEMBER 2, 2004
The meeting was called to order at 9:00 a.m. by Chairman J. R. Dowdy, Jr., with Commissioners James D. Harris, A. James Nance, Joyce C. Pheil, and Ferrell Henry in attendance. Others present were County Administrator Gene Crapse, County Attorney Guy D. Pfeiffer, and secretary Linda Finch. Mr. Nance gave the invocation.
MEAG BOND ISSUE
Administrator Crapse reported that at a previous Power Commission meeting, they adjusted the MEAG Contracts to make them run for fifty years from now, which extends the life of those contracts by about 26 years. The purpose of that was to allow the large capital investment and transmission debt to be refinanced and also to spread that debt out over a longer period of time. This follows the intent of the change of the contracts and it does allow them to sell the bonds and ultimately reorganize the transmission line debt for the Power Commission or at least MEAG, and all forty-nine of the participates have now signed the contracts. He advised that they initially thought that the County Commission would have to approve these bonds, however the letter that came to Mr. Pfeiffer specifies all that is required is that the Chairman sign and the County Attorney authenticate that on behalf of the county. Mr. Pfeiffer stated that this is a validation lawsuit, and from the county’s prospective, we are not involved with the bonds, the question is do they have objections to the bonds. He advised that what is being asked is for Mr. Dowdy to sign as the Chairman acknowledging service of the petition and answering that the statements in the petition to the extent Crisp County knows are true and correct, and that they have no objection. He advised that they are not county bonds, there is no obligation on behalf of the county, it doesn’t require any county action, but since it is a lawsuit, it is probably preferred that the county authorize Chairman Dowdy to execute the acknowledgment of service on behalf of the county. Motion was made by Mr. Harris to approve the bond issue and authorize Chairman Dowdy to execute the service on behalf of the county, to answer the statement, and to authorize Mr. Pfeiffer to file the answer.
REVISED SPLOST FUNDING DISTRIBUTION
Administrator Crapse reported that he has included in the packets of the Commissioners, the SPLOST request from the City of Cordele and five alternative SPLOST proposals he has come up with. He advised that they have met with members of the IDA Board, and they had some concern of the amount of dollars that were available to the IDA or IDC for capital improvements, and he has developed these five alternative for the Commissioners to consider. The first alternative is basically to leave the original $3,720,000 as originally submitted by the City of Cordele and reallocating $1,100,000 to Economic Development from county roads and courts, and the other alternatives progressively give the City of Cordele more money with the forth alternative giving them the new amount they requested of $4,000,000 and less funds going to Economic Development. He recommends the Commissioners go with the first alternative considering the priority of all projects, County, City and Community. After much discussion among the Commissioners, they agreed to go with Alternative 2, which is $30,000 extra for the City of Cordele SPLOST making a total for City of Cordele at $3,750,000, and reallocating $1,070,000 to Economic Development from County Roads and Courts.
GO INTO EXECUTIVE SESSION
Motion was made by Mrs. Pheil to go into Executive Session to discuss real estate and potential litigation, seconded by Mr. Henry, motion carried unanimously.
COME OUT OF EXECUTIVE SESSION
Motion was made by Mr. Harris to come out of executive session, seconded by Mr. Henry, motion carried unanimously.
APPROVE LAND SWAP REQUEST BY POWER COMMISSION
Motion was made by Mr. Henry to approve land swap request by the Power Commission to Mr. Jones, seconded by Mrs. Pheil, motion carried unanimously.
By common consent, Commissioners adjourned the meeting at 9:59 a.m.