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HomeMy WebLinkAbout07-13-1998 Meeting I ADMINISTRATIVE SERVICES COMMITTEE COMMITTEE ROOM - July 13, 1998 2:00 P.M. PRESENT: Hons. H. Brigham, Chairman; Powell, Vice-Chairman; and Beard, members; Jim Wall, Attorney; Randy Oliver, Administrator; Rosa White of HND; Rob Sherman, License & Inspectors Director; Nancy Morawski, Deputy Clerk of Commission, and Betty Murphy of the Clerk's Office. ABSENT: Hon. Larry Sconyers Mayor, and Hon. Steve Sheperd member. Also present: Sylvia Cooper of Augusta Chronicle, Stacey Eidson of The Metropolitan Spirit, and Hon. Ulmer Bridges Commissioner. A request to approve $25,000 economic development loan for Ms. Beaurine Wilkins, d/b/a Queen's Limousine and Transportation Service, Inc., as recommended by the Augusta-Richmond County Economic Development Loan Review Committee was read. I Ms. White: Regarding the approval for the $25,000 loan for Queen's Limousine and Transportation Service, the collateral is the Wilkins' four acres of land valued at $10,007, a 1990 Dodge Van valued at $10,000, and a Limousine valued at $10,000. She has a three year contract with the State. In this contract she provides transportation service for Medicaid patients to doctors appointment's, clinics, etc. These are non emergency needs. The interest rate on this loan is going to be whatever the treasury rate is at the time of the closing plus 2% and it will be for seven years. Mr. Beard: What is the processing fee? Ms. White: On the table today is a recommendation that the processing fee be decreased from $500 to $100. If that is approved then that would be the fee. Mr. Wall: I know that there has been some concern about the interest rate. You can go ahead and approve these changes if you want to today and then at the time of the full Commission, if there are any changes, they could be made then or simply hold this until those concerns addressed. Mr. Beard: The only thing I would ask is that whatever is acted upon on item #2 that it would included in her loan. 1 Mr. Powell: I will accept that as an amendment to a motion to approve her loan. Mr. Beard: Second. Motion adopted unanimously. A request to approve changes to Economic Development Loan Fund Policy Manual to make the interest rate for the loans fixed at the treasury rate plus 2% for the term and to reduce the processing fee for loans from $500 to $100 as recommended by the Augusta-Richmond County Economic Development Loan Review Committee, was read. Mr. Chairman: In light of what our Attorney has indicated, should we just hold this item until the next meeting? Mr. Powell: I so move that we table the item until the next Administrative Services meeting. Mr. Beard: Second. Mr. Oliver: Might I suggest that you reduce the loan from $500 to $100, and then consider the interest rate at the next meeting and in that way we can get this particular individual going. Mr. Chairman: That was approved, wasn't it, from $500 to $100? Mr. Oliver: Her interest rate as it stands right now would be the same. The option would be to hold both of them until everything is done. Mr. Powell: Well, why don't we do this? We have already approved the other one, Mr. Chairman. Is it a possibility that we let her stand and in this motion to postpone this, hold all loans until the interest rate is set. That way we won't have to go back and approve it again. Mr. Wall: I think that's fine. Mr. Chairman: You're approved for the first part; we're just going to see what your interest rate will be. Motion adopted unanimously. A request to approve an Ordinance providing for the demolition of certain unsafe and uninhabitable properties in the Turpin Hill Neighborhood: 2019 Boykin Place and 1203 Kent Street. at a cost not to exceed $4,000 was read. Mr. Powell: I so move. Mr. Beard: Second. Mr. Sherman: And waive the second reading. Motion adopted unanimously. I I I I A request to approve rental of Lot (Map 47-2, Parcel 3) located behind the "Antique Mall" and the Marina, owned by General Retirement Fund 'of the City of AugUsta, for a two-day period (September 16, 1998 , September 17, 1998) for use by the Clyde Beatty-Cole Brothers Circus at the rate of $1,000 per day for a total of $2,000, subject to approval of Administrator and Attorney was read. Mr. Powell: Move approval. Mr. Beard: Second. Motion adopted unanimously. ADJOURNMENT: There being no further business, the meeting was adjourned. Nancy W. Morawski Deputy Clerk of Commission bwm I I