HomeMy WebLinkAbout12-23-1996 Meeting
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FINANCE & APPROPRIATIONS
COMMITTEE
COMMITTEE ROOM - December 23, 1996
1:00 P. M.
PRESENT: Hons. Larry E. Sconyers, Mayor; J. Brigham,
Chairman; Handy, Vice-Chairman; Beard, member; Jim Wall,
Attorney; Glenn Greenway, Finance Department; Sandy wright, Risk
Management Department; Randy Oliver, Administrator; Lena Bonner,
Clerk of Commission; Nancy Morawski, Deputy Clerk of Commission
and Belinda Brown of the Clerk's Office.
ABSENT: Hon. Ulmer Bridges, member.
Also Present: sylvia Cooper of The Augusta Chronicle.
The Clerk: We have a request for three addendum items. The
first is a tax bill for property owned by Larry Laman Hall, the
next is for property insurance and the third is the Ga. Bank and
Trust subordination agreement.
Mr. Handy: I move we add these to the agenda.
Mr. Beard: Second.
Motion adopted unanimously.
The Committee first considered a request by Garrett Aviation
for the abatement of property tax penalty in the amount of
$5,041.08.
Mr. Wall: They say this was due to the implementation of a
new computer system.
Mr. Beard: I move it be denied.
Mr. Handy: Second.
Motion adopted unanimously.
Communication from the Attorney regarding a request for the
abatement of property tax penalty by Harold M. Boardman, Jr. in
the amount of $412.34, was read.
Mr. Wall: This was also blamed on computer and accounting
problems.
Mr. Handy: I move that we approve denying it.
Mr. Beard: Second.
Motion adopted unanimously.
Mr. Oliver: I think we should have a policy concerning
this.
Mr. Wall: Sometimes in the past the Commission has made I
exceptions regarding the waiver of a penalty and this was done as
each case was presented.
Mr. Chairman: Why don't we let you and Randy get together
and draft us a new policy and we'll put it on the agenda in
January.
Communication from the Board of Tax Assessors regarding the
correction of an error in the tax bill for 1995 for property
owned by Larry Laman Hall, Jr. Map 231, Parcel 31 in the amount
of $129.30 (Homestead exemption was dropped), was read.
Mr. Beard: I move that we approve the request.
Mr. Handy: Second.
Motion adopted unanimously.
Communication from the Attorney requesting approval of
adding "City" properties to existing county insurance policy for
six months (the expiration of the existing county policy), was
.----... - ..- '"'read.
Mr. Wall: This would be for the City's policies for fire
and property damage. They were on a calendar year as opposed to I
the County which was on a July through June year.
Mr. Chairman: Do you anticipate any problems with the
agents involved?
Mr. Wall: No, I don't think there is any problem.
Mr. Handy: I move for approval.
Mr. Beard: Second.
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Motion adopted unanimously.
Mr. Wall: The next item is the subordination agreement.
This was a $300,000 loan that Georgia Bank & Trust was going to
make and from that $300,000, $25,000 would be prepaid against the
principal on the indebtedness owed to Augusta-Richmond County for
the Cotton Exchange Building. There was an error on the part of
the bank in drafting that agreement. It should have been
$325,000 where they are going to advance an additional $25,000 so
basically they are loaning the money for the $25,000 prepaYment
on the principal to the Cotton Exchange.
After a short discussion, Mr. Handy: I move for approval.
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Mr. Beard: Second.
Motion adopted unanimously.
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ADJOURNMENT: There being no further business, the meeting
was adjourned.
Lena J. Bonner
Clerk of Commission
NWM