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Comm. Minutes--December 19, 1989 394 <br /> <br />REGULAR HEETING OF CASS COUNTY BOARD OF COMMISSIONERS <br /> <br />DECEHBER 19, 1989 <br /> <br />1. MEETING TO ORDER <br />Chairman Don Eckert called the meeting to order with all members <br />present as follows: Oscar Sondrall, Alon Wieland, Don Eckert, Sharon <br />"Pepper" Toussaint, and Gene Shannon. <br /> <br />2. MINUTES APPROVED NOTION, passed <br /> Mr. Shannon moved and Mr. Wieland seconded that the minutes <br /> of the previous meeting be approved as written. Motion <br /> carried. <br /> <br />3. AGENDA, Chan~e approved <br />Mr. Shannon asked to add an item to the agenda for adoption of the <br />work plan and the director's review as approved by the Social <br />Services Board last week. Everyone was in agreement to add this. <br /> <br />4. HEARING & RESOLUTION ON ISSUANCE OF BONDS, Riverview Place, Inc. <br />Attorney Leo Wil~ing and Jerry Lingen, President of Riverview Place, <br />Inc. were present for two public hearings on the issuance of bonds <br />relating to Riverview Place, Inc. Mr. Wilking said the purpose of <br />the first bond issue is to get a better interest rate than on the <br />bonds issued by Cass County in 1986. He said Robert Hoy, States <br />Attorney, received a copy of the proposed resolutions. <br /> <br />Mike Montplaisir, County accountant, was informed by legal counsel <br />that these bonds would not go against the County's ten million dollar <br />limit. <br /> <br />Hr. Sondrall asked if this affects the real estate taxes on Riverview <br />Place, Inc., and Mr. Lingen said it does not. The North Dakota <br />Supreme Court recently ruled that Riverview Place, Inc. is not <br />eligible for tax exemption, and Mr. Lingen said there will not be an <br />appeal of that decision. NOTION, passed <br /> Mr. Wieland moved and Mrs. Toussaint seconded to adopt <br /> Resolution ~1989-20 which is a "RESOLUTION APPROVING A <br /> FINANCING FOR RIVERVIEW PLACE, INC., A NORTH DAKOTA <br /> NONPROFIT CORPORATION, AND DETERMINING THAT CASS COUNTY, <br /> NORTH DAKOTA, WILL ISSUE ITS REVENUE BONDS THEREFOR IN THE <br /> PRINCIPAL AMOUNT OF APPROXIMATELY $10,000,000." The motion <br /> carried on roll call vote with four members voting "Aye", <br /> Mr. Shannon abstaining. <br /> <br />5. HEARING & RESOLUTION ON ISSUANCE OF BONDS, Health Facilities, Inc. <br />A second public hearing was held on the issuance of bonds for Health <br />Facilities, Inc. to purchase..a portion of the retirement housing <br />facility from Riverview Place??Inc. NOTION, passed <br /> Mr. Sondrall moved and Mr. Wieland seconded to adopt <br /> Resolution ~1989-21 which is a "RESOLUTION APPROVING A <br /> FINANCING FOR HEALTH FACILITIES, INC., A COLORADO NONPROFIT <br /> CORPORATION, AND DETERMINING THAT CASS COUNTY, NORTH <br /> <br /> <br />