Board of County Commissioners
Housing and Bonds Workshop
August 23, 2023 at 4:00 PM
Present: Kimblin NeSmith, Chair, District 3
Eric Hinson, Vice-Chair, District 1, Appeared through Zoom
Alonzetta Simpkins, District 2
Brenda Holt, District 4
Ronterious “Ron” Green, District 5, Appeared through Zoom
Ms. Daniels, Assistant County Administrator
Clayton Knowles, County Attorney
Adriana Quijada, Secretary to the Boards
Call To Order, Invocation, and Pledge of Allegiance Simpkins called the workshop to order at 4:03 pm. Simpkins led into a moment of silence and the Pledge of Allegiance to the U.S. Flag.
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Citizens Requesting to be Heard on Non-Agenda Items (3-minute limit) The Gadsden County Planning Board welcomes and encourages public participation at all meetings of the Board. Citizens are free to speak for up to three (3) minutes on non-agenda items. Public comments and participation are also encouraged for items on the agenda. Additionally, if you are unable to attend a meeting in person, comments from the Public can also be submitted via email to CitizensToBeHeard@gadsdencountyfl.gov until noon on the date of the meeting. Comments submitted after the deadline, but prior to the meeting, will be added to the official record, but the County cannot guarantee that Commissioners and staff will have adequate time to review comments prior to the meeting. Citizens are further encouraged to participate via Zoom using the credentials on the County’s website. The Board’s meetings are also broadcast live on the Board’s Facebook page. Attorney read aloud the above statement.
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General Business
1. Welcome and Introduction (Chairman Kimblin E. NeSmith) 2. Overview (Edward J. Dixon, County Administrator) Ms. Daniels provided overview on what they would be discussing 3. Discussion of Emergency Repair Rules and Guidelines (Sonya Burns, Housing Director) Ms. Burns appeared before the Board. Emergency Repairs: related to health, physical safety Burns read the income eligibility criteria Simpkins asked if it could be a household of one Burns read through the inspection process Burns talked about the GC SHIP program. Burns explained what SHIP funds could be used for. Burns talked about funding – BOCC Maximum Award Amount $20,000 Burns stated only did loans not grants Burns stated ER and SHIP program are 2 years Burns explained how to apply for program Burns discussed denial letters. Denied if applicant has heir property, Missing docs, Incomplete App, Mobile homes built before 1994, not primary residence, no responses from applicant after 3 attempts. Burns discussed the average costs Roof - $11,000 w/o bad decking, rafters 13,000 to 16,000 with bad decking and/or additional damage Windows Replacement Standard Average septic cost Septic Lid Replacement $700 Pump out $375 Holt appeared at 4:25 pm Green asked about warrant for houses that have been refurbished. Burns stated the county has one year warranty. Simpkins asked about advertising NeSmith appeared at 4:45 pm. Daniels stated they could take a look at marketing Holt stated if they are doing marketing for housing, to put it in budget Daniels stated they would need to look at housing budget to see funding that is available. Simpkins stated they have upped their funding for marketing and advertising Simpkins stepped out at 5:10 pm. 4. Discussion of Bonds (JoLinda L. Herring, Attorney at Bryant Miller Olive Law) JoLinda Herring, Attorney from Bryant Miller Olive Law, appeared before the Board to discuss bonds. Herring explained a Municipal Bond. Herring explained the 3 types of bonds. Herring explained Revenue Bond. Herring explained Conduit Bond. Authority of issuing bonds Herring mentioned Federal Tax Law. Herring discussed the decision or need to finance/borrow. Herring discussed the process for issuing a bond. Finance Team: · Issuer · County Attorney · Company Borrower (if conduit bond) · Financial Advisor · Bond Counsel · Disclosure Counsel · Underwriter or Bank · Underwriters Counsel or Bank’s Counsel
Herring discussed pre-issuance considerations. Herring went through the principal documents. Herring discussed the post-issuance. Chair asked if currently have bonds. Asked if Herring worked on those bonds. Herring stated yes. Holt asked about interest rate Holt stepped out at 5:42 pm Simpkins asked what type of bond was the Road and Hospital Bond Herring stated both were revenue bonds Attorney asked Herring to explain interest rate Chair verified they currently only have 2 bonds Chair asked when hospital bond ends Daniels stated a few years more. Herring stated close to 10 years. Chair asked about Road Improvement Bond Daniels stated will find out how much longer they have with Road Bond Simpkins asked Daniels about annual payment on those bonds Daniels stated Hospital Bond is around $645,000 annually. Could not remember for Road Bond |
Motion to Adjourn Adjourned at 6:02 p.m.
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