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Minute No. 46
Washington County Commissioners
Washington, PA, January 19, 2012
The Sinking Fund Commission of the County of Washington met on Thursday,
January 19, 2012, at approximately 10:55 a.m. in the Public Meeting Room of the Courthouse
Square Office Building, Washington, Pennsylvania, with the following members being present:
Commissioners Larry Maggi, Diana Irey Vaughan and Harlan G. Shober, Jr.; Treasurer Francis
King; and Controller Michael Namie. Also being present: Finance Director Roger Metcalfe;
Director of Administration Scott Fergus; Chief Clerk Mary Helicke; Solicitor J. Lynn DeHaven;
Solicitor Secretary Joyce Thornburg; Observer -Reporter representative Barbara Miller; and
concerned citizen John Adams.
Aupointment of Officers
The meeting began with the appointment of officers of the Sinking Fund Commission.
Moved by Mrs. Irey Vaughan, seconded by Mr. Shober, to appoint Commissioner Maggi to
serve as Chairman of the Sinking Fund Commission.
Roll call vote taken:
Mr. Namie — Yes; Mr. King — Yes; Mrs. Irey Vaughan — Yes; Mr. Shober — Yes;
Mr. Maggi — Yes.
Motion carried unanimously.
Moved by Mr. Shober, seconded by Mr. Namie, to appoint Commissioner Irey Vaughan
to serve as Vice -Chairman of the Sinking Fund Commission.
Roll call vote taken:
Mr. Namie — Yes; Mr. King — Yes; Mrs. Irey Vaughan — — Yes; Mr. Shober — Yes; Mr.
Maggi — Yes.
Motion carried unanimously.
Moved by Mr. King, seconded by Mrs. Irey Vaughan, to appoint Controller Namie to
serve as Secretary of the Sinking Fund Commission.
Roll call vote taken:
Mr. Namie — Yes; Mr. King — Yes; Mrs. Irey Vaughan — Yes; Mr. Shober — Yes; Mr.
Vlaggi — Yes.
Motion carried unanimously.
Xpnroval of Minutes
Chairman Maggi entertained a motion to approve Minute No. 45 dated January 20, 2011.
Moved by Mrs. Irey, seconded by Mr. Namie, to approve Minute No. 45 as written.
Roll call vote taken:
Mr. Namie — Yes; Mr. King — Yes; Mrs. Irey Vaughan — Yes; Mr. Shober — Abstain (not
in office during 2011); Mr. Maggi — Yes.
Motion carried unanimously.
ublic Comment
Concerned citizen John Adams of Avella commented on the County taxes.
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Approval of 2011 Debt Service Pavments
Chairman Maggi entertained a motion on the approval of 2012 Debt Service Payments
beginning on March 1, 2011 and ending on December 1, 2011. Debt Service Fund totals for the
year are $3,998,157.
Moved by Mrs. Irey Vaughan, seconded by Mr. Shober, to approve the 2012 Debt
Service Payments.
Roll call vote taken:
Mr. Namie — Yes; Mr. King — Yes; Mrs. Irey Vaughan — Yes; Mr. Shober — Yes; Mr.
Maggi — Yes.
Motion carried unanimously.
Revenues and Other Financing Sources
It was noted for the record that the tax rate for debt purposes for 2012 is 2.05 mills on
each dollar of assessed valuation. It was also noted that the revenues and other financing sources.
budgeted for 2012 to meet the current year's obligations are as follows:
Opening Balance: $550,000
Revenues
Real estate taxes
$2,978,211
Interest earnings
20,000
Rent
401,318
Total Revenues
$3,399,529
Other Financing Sources:
County Authority
$0
Tourism
75,000
Total Other Financing Sources
$75,000
TOTAL AVAILABLE $4,024,529
It was noted for the record that all members of the Sinking Fund Commission have been `
provided with additional documents dealing with the recent debt obligations through the year
2027. These documents are available for review in the Finance Department.
There being no further business, Chairman Maggi declared the meeting adjourned at
approximately 11:05.
THE FOLLOWING MINUTES SUBMITTED FOR APPROVAL:
2012
ATTEST:
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SECRETARY