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County Pays Off TIF Revenue Bond

April 10, 2014
by Kate Myers , Emmetsburg News

The Palo Alto County Board of Supervisors received reports from a number of county entities during their meeting on Tuesday, April 8.

They accepted reports from both the Recorder and the Office of Veterans Affairs and gave approval to an early payoff of a TIF Revenue Bond. They also accepted the audit report for the Central Iowa Detention Center.

Regarding the TIF revenue bond and according to information shared by County Auditor Carmen Moser, the revenue bond was issued in 2004 for $2,250,000 for Voyager Ethanol. To date, $421,269.87 has been paid in interest. With the final payment of $205,022.80, the bond will be paid five years early and save the county $400,000 in interest payments. The bond was financed through First National Bank.

Palo Alto County Central Point Coordinator Maureen Sandberg updated the supervisors on the Regional Mental Health redesign. Sandberg reported the regional staff meets every two weeks, as do the providers in the region. She also reported the county's consumers are in the process of completing the necessary enrollment forms and financial eligibility documentation. The hope is that all the forms will be completed by May 1. Dickinson County will maintain the files for the region.

"O'Brien and Palo Alto County are going to be handling all the claims," said Sandberg. Sandberg also reported she will be the HIPPA Security Officer for the area and the providers rates will be negotiated on April 28.

During Sandberg's report, Supervisor Keith Wirtz said Season's hospital is up and running. "They have 15 beds now available with one bed reserved for those that may need a secure area for safety."

Joe Neary, Palo Alto County Sanitarian and Zoning Officer, updated the supervisors on his participation on Board of Directors for the Iowa State Association of Counties (ISAC). He is filling the environmental health seat on the board.

Supervisor Ed Noonan asked how much time Neary would be spending with this position. Neary said he believed he would be out of the county 12 days a year. "I am disappointed that as an employee, you didn't ask before you expressed interest in the postion."

Neary responded saying he had discussed the possibility with the Palo Alto County Board of Health.

Supervisor Craig Merril said that although he wished Neary had asked the Board of Supervisors before getting on the board, he thought it was an asset to the county that Neary fill the position.

Neary informed the supervisors about a Palo Alto County Board of Adjustment meeting scheduled for Monday, April 14 at 7 p.m. According the Neary, Easy Energy Systems of Welcome, MN is asking for approval of a building permit to build a facility to research and produce Butanol, a four-carbon alcohol. The site for the proposed building is located in the NW Quarter of Section 31 Freedom Township. It is the former Renewable Fuels site.

County Attorney Lyssa Henderson asked the supervisors for a budget amendment. Stating that as the end of the year approaches, her budget is short, due to the unexpected expense of paying unemployment benefits. She asked the supervisors for an additional $4,000 for upcoming trainings and legal expenditures.

Before giving their approval, they supervisors asked Henderson for additional information. She plans to provide that at their meeting on April 15.

 
 

 

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