MINUTES OF THE FORMAL MEETING OF THE JOHNSON COUNTY BOARD OF SUPERVISORS:
MARCH 31, 2008
Chairperson Sullivan called the Johnson County Board of Supervisors to order in the Johnson County Administration Building at 9:01 a.m. Members present were: Pat Harney, Larry Meyers, Terrence Neuzil, Sally Stutsman, and Rod Sullivan.
Unless otherwise noted, all actions were taken unanimously.
Convened Public Hearing for the purpose of instituting proceedings and taking action to enter into a General Obligation County SEATS Para-transit Garage and Shop Loan Agreement (the “Loan Agreement”) in a principal amount not to exceed $1,200,000 for the purpose of financing the construction of the SEATS Para-transit garage and shop at 9:01 a.m.
The Board investigated and found that a notice of intention to institute proceedings to enter into a $1,200,000 General Obligation Loan Agreement for the purpose of construction of the SEATS Para-transit garage and shop had been duly published as provided by law and that this is the time and place at which the Board shall receive oral or written objections from any resident or property owner of the County. The County Auditor announced that no written objections had been placed on file. Whereupon, the Chairperson called for any written or oral objections, and there being none, the Chairperson announced that the Board may authorize the loan agreement in the amount as published.
Public Hearing closed at 9:02 a.m.
Convened Public Hearing for the purpose of instituting proceedings and taking action to enter into a General Obligation SEATS Administrative Facility Loan Agreement (the “Loan Agreement”) in a principal amount not to exceed $400,000 for the purpose of financing the cost of construction of the SEATS Administrative Facility at 9:02 a.m.
The Board investigated and found that a notice of intention to institute proceedings to enter into a $400,000 General Obligation Loan Agreement for the purpose of construction of the SEATS Administrative Facility had been duly published as provided by law and that this is the time and place at which the Board shall receive oral or written objections from any resident or property owner of the County. The County Auditor announced that no written objections had been placed on file. Whereupon, the Chairperson called for any written or oral objections, and there being none, the Chairperson announced that the Board may authorize the loan agreement in the amount as published.
Public Hearing closed at 9:03 a.m.
Convened Public Hearing for the purpose of instituting proceedings and taking action to enter into a General Obligation Building Repair and Equipment Loan Agreement (the “Loan Agreement”) in a principal amount not to exceed $162,000 for the purpose of financing the cost of carrying out internal repairs and equipment to the County Courthouse and County Administration Building at 9:03 a.m.
The Board investigated and found that a notice of intention to institute proceedings to enter into a $162,000 General Obligation Loan Agreement for the purpose of making internal repairs and acquiring equipment for the County Courthouse and County Administration Building had been duly published as provided by law and that this is the time and place at which the Board shall receive oral or written objections from any resident or property owner of the County. The County Auditor announced that no written objections had been placed on file. Whereupon, the Chairperson called for any written or oral objections, and there being none, the Chairperson announced that the Board may authorize the loan agreement in the amount as published.
Public Hearing closed at 9:05 a.m.
Convened Public Hearing for the purpose of instituting proceedings and taking action to enter into a General Obligation Voting Equipment Loan Agreement (the “Loan Agreement”) in a principal amount not to exceed $335,000 for the purpose of financing the cost of acquiring voting machines and equipment at 9:05 a.m.
The Board investigated and found that a notice of intention to institute proceedings to enter into a $335,000 General Obligation Loan Agreement for the purpose of acquiring voting machines and equipment had been duly published as provided by law and that this is the time and place at which the Board shall receive oral or written objections from any resident or property owner of the County. The County Auditor announced that no written objections had been placed on file. Whereupon, the Chairperson called for any written or oral objections, and there being none, the Chairperson announced that the Board may authorize the loan agreement in the amount as published.
Public Hearing closed at 9:10 a.m.
Convened Public Hearing for the purpose of instituting proceedings and taking action to enter into a General Obligation County Conservation Headquarters Building Loan Agreement (the “Loan Agreement”) in a principal amount not to exceed $1,200,000 for the purpose of financing the cost of constructing a new County Conservation Headquarters Building at 9:10 a.m.
The Board investigated and found that a notice of intention to institute proceedings to enter into a $1,200,000 General Obligation Loan Agreement for the purpose of constructing a new County Conservation Headquarters building had been duly published as provided by law and that this is the time and place at which the Board shall receive oral or written objections from any resident or property owner of the County. The County Auditor announced that no written objections had been placed on file. Whereupon, the Chairperson called for any written or oral objections, and there being none, the Chairperson announced that the Board may authorize the loan agreement in the amount as published.
Public Hearing closed at 9:12 a.m.
Convened Public Hearing on for the purpose of instituting proceedings and taking action to enter into a General Obligation County Conservation Maintenance Facility Loan Agreement (the “Loan Agreement”) in a principal amount not to exceed $1,000,000 for the purpose of financing the cost of constructing a new County Conservation Maintenance Facility at 9:12 a.m.
The Board investigated and found that a notice of intention to institute proceedings to enter into a $1,000,000 General Obligation Loan Agreement for the purpose of constructing a new County Conservation Maintenance Facility had been duly published as provided by law and that this is the time and place at which the Board shall receive oral or written objections from any resident or property owner of the County. The County Auditor announced that no written objections had been placed on file. Whereupon, the Chairperson called for any written or oral objections, and there being none, the Chairperson announced that the Board may authorize the loan agreement in the amount as published.
Public Hearing closed at 9:13 a.m.
Convened Public Hearing for the purpose of instituting proceedings and taking action to enter into a General Obligation County Administration Building Remodeling and Construction Loan Agreement (the “Loan Agreement”) in a principal amount not to exceed $1,200,000 for the purpose of financing the cost of remodeling and constructing improvements at the County Administration Building at 9:13 a.m.
The Board investigated and found that a notice of intention to institute proceedings to enter into a $1,200,000 General Obligation Loan Agreement for the purpose of remodeling and constructing improvements at the County Administration Building had been duly published as provided by law and that this is the time and place at which the Board shall receive oral or written objections from any resident or property owner of the County. The County Auditor announced that no written objections had been placed on file. Whereupon, the Chairperson called for any written or oral objections, and there being none, the Chairperson announced that the Board may authorize the loan agreement in the amount as published.
Public Hearing closed at 9:14 a.m.
RESOLUTION 03-31-08-01
AUTHORIZING LOAN AGREEMENTS AND PROVIDING FOR THE LEVY OF TAXES
Whereas, pursuant to the provisions of Section 331.402 of the Code of Iowa, the Board of Supervisors (the “Board”) of Johnson County (the “County”), State of Iowa, has heretofore proposed to contract indebtedness and enter into loan agreements (the “Loan Agreements”) to provide funds to pay the cost, to that extent, of acquiring voting machines and equipment; remodeling and constructing improvements at the County Administration Building; constructing a new County Conservation Headquarters building; constructing a new County Conservation Maintenance Facility; making internal repairs and acquiring equipment for the County Courthouse and County Administration Building; construction of the SEATS Administrative Facility; construction of the SEATS Para-transit garage and shop; and
Whereas, it is deemed necessary and advisable to provide for the levy and collection of taxes to pay the principal of and interest on General Obligation County Purpose Notes (the “Notes”), to be issued pursuant to the Loan Agreements;
Now, Therefore, It Is Resolved by the Board of Supervisors of Johnson County, Iowa, as follows:
Section 1. The County hereby determines to enter into the Loan Agreements in the future for the purposes set forth in the preamble hereof.
Section 2. The Notes are hereby authorized to be issued in the future.
Section 3. For the purpose of providing for the levy and collection of a direct annual tax sufficient to pay the principal of and interest on the Notes as the same become due, there is hereby levied on all the taxable property in the County the following direct annual tax for collection in the fiscal year beginning July 1, 2008, sufficient to produce the net annual sum of $1,385,532; provided, however, that at the time the Lender is selected, the actual tax levy amounts required to pay the principal of and interest on the Notes in each subsequent year shall be determined based upon the interest rate or rates at which the Notes are issued, and this resolution shall be amended by resolution of the Board to provide for such actual and necessary tax levy amounts.
Section 4. A certified copy of this resolution shall be placed on file with the County Auditor of Johnson County, and said Auditor is hereby instructed to enter for collection and assess the tax hereby authorized. When annually entering such taxes for collection, the County Auditor shall include the same as a part of the tax levy for Debt Service Fund purposes of the County and when collected, the proceeds of the taxes shall be converted into the Debt Service Fund of the County and set aside therein as a special account to be used solely and only for the payment of the principal of and interest on the Notes hereby authorized and for no other purpose whatsoever. Any amount received by the County as accrued interest on the Notes shall be deposited into such special account and used to pay principal of and/or interest due on the Notes on the first payment date.
Section 5. All resolutions or parts thereof in conflict herewith are hereby repealed to the extent of such conflict.
Motion by Neuzil, second by Meyers, to approve Resolution 03-31-08-01.
Adjourned at 9:17 a.m.
______________________________________________________________________
Rod Sullivan, Chair, Board of Supervisors
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Attest: Tom Slockett, Auditor
By:
On the _______ day of _____________________, 2008
By Casie Kadlec, Recording Secretary
These minutes were sent for publication and formal approval on April 3, 2008.
Sent to the Board of Supervisors on April 2, 2008 at 12:00 p.m.