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HomeMy WebLinkAbout07-27-1998 Meeting I I I ADMINISTRATIVE SERVICES COMMITTEE COMMITTEE ROOM - July 27, 1998 2:00 P. M. PRESENT: Hons. H. Brigham, Chairman; Powell, Beard and Shepard, members; Clyde Lester, Extension Service; Keven Mack, HND Director; Jim Wall, Attorney; Randy Oliver, Administrator; Paul DeCamp, Planning Commission; Lillian Katharine Blanos, Augusta Clean & Beautiful Director; Lena Bonner, Clerk of Commission and Nancy Morawski, Deputy Clerk of Commission. ABSENT: Hon. Larry Sconyers, Mayor. Also Present: Tracie Powell of The Augusta Chronicle, George Eskola of WJBF Television, Stacey Eidson of The Metropolitan Spirit and Hon. J. Brigham, Commissioner. 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. Mack: After discussions about the interest rate, we feel that the treasury rate would be a good rate not including the 2% and that the loan processing fee be reduced from $500 to $100. Mr. Beard: I'd like to see us put a cap on that, perhaps not to exceed 5% and I'll make that as a motion. Mr. Oliver: I'd rather see it locked in at a certain figure and the present treasury rate is roughly 5 1/2%. The rate would be locked in on the day that the loan is closed and that coincides with the term of the loan. Mr. Shepard: I could go along with the treasury rate but I can't see going below that so I'd move that we approve the interest rate at the treasury rate as recommended with no additional points and reduce the processing fee from $500 to $100 with the intent to lock in the rate at the time the loan is made at the treasury rate corresponding to the length of the maturity of the loan. Mr. Beard: I'm concerned about what the rate will be in a few years. After further discussion, Mr. H. Brigham: Could we do this for twelve months and then come back and evaluate it? Mr. Beard: I'll accept that. Mr. Shepard: And I'll accept that in my motion if you'll second it. Mr. Beard: I'll second it. I Motion adopted unanimously with Mr. Powell out of the room. A request to approve a conveyance of five parcels of property through the Land Bank Authority to Anointed Holding Company, Inc. to construct single-family housing, subject to approval of site and construction plans by Administrator and Director of Housing and Neighborhood Development. Construction to be completed within six months of commencement and real estate taxes to be abated five years, was read. Mr. Oliver: I don't think we can abate the real estate taxes so we need to scratch that. Mr. Shepard: I move that we approve the approve the development of these properties and that the tax abatement not be allowed since it is apparently prohibited by the Constitution. Mr. Beard: I second. Motion adopted unanimously with Mr. Powell out of the room. A request to approve the establishment of Custodial Account and Life Insurance Transfer, was read. Mr. Shepard: I move we establish the custodial account as I recommended by the Administrator. Mr. Beard: Second. Motion adopted unanimously with Mr. Powell out of the room. A request to Solutions and the Government not to read. approve training program with People & University of Georgia's Carl Vinson School of exceed $21,000 and $15,750, respectively, was Mr. Oliver: employees. This will be customer service training for our Mr. Shepard: I move approval. Mr. Beard: Second. Motion adopted unanimously with Mr. Powell out of the room. A request to approve First Amendment to professional services contract between Augusta, Georgia and Augusta/Richmond Clean & Beautiful, Inc., was read. Mr. Shepard: I move approval. I Mr. Beard: Second. I I I Motion adopted unanimously with Mr. Powell out of the room. A request to accept University of Georgia Family Development Specialist/Extension Agent for one year pilot project with $4,000 match from General Fund Contingency, was read. . Mr. Lester: environment using master's degree. also. This is a grant to move people into a working a person such as a home economist with a When the money runs out, our portion would end Mr. Shepard: correspond to the the grant ends. I move it be approved and that our commitment University's commitment and that it end when Mr. Beard: Second. Motion adopted unanimously with Mr. Powell out of the room. A request from the McBean Senior Center for the purchase of an ice machine at an approximate cost of $2,500 from CDBG funds, was read. (Mr. Powell enters the room) Mr. Powell: I move it be approved. Mr. Shepard: Second. Motion adopted unanimously. A request to create Finance Director position for the Utilities Department, was read. Mr. Oliver: This was in the grand jury report and something that has been discussed. We recommend a job grade of 53 with a starting salary of $35,000 to $38,500 and requiring a BA/BS in accounting or related field and five or more years of Finance/ Business Admin. experience. They would help with the budgetary aspects as well as the project and accounting aspects and they would possess a CPA or have related work experience to compensate for that. After a short discussion, Mr. Shepard: I move we create the position for Finance Director for the Utilities Department. Mr. Powell: Second. Motion adopted unanimously. ADJOURNMENT: There being no further business, the meeting was adjourned. Lena J. Bonner Clerk of Commission NWM