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County creates advisory board |
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Friday, July 03 2009 |
The Whitley County commissioners have formed an investment board to advise them on businesses applying for funds from the county’s economic development income tax account.
By TJ HEMLINGER
Staff Writer
The Whitley County commissioners have formed an investment board to advise them on businesses applying for funds from the county’s economic development income tax account.
The five men are John Lefever, chairman of the Whitley County Economic Development Corp.; Mike Schrader of the county commissioners; Joe Kessie of Lake City Bank; Drew Wellborn, legal counsel for Whitley Manufacturing; and (tentatively) Brian More, chief financial officer of Micropulse.
“They will look over the financial status of a person or business requesting funds,” commissioner Tom Rethlake explained. “They will look at the profit-loss statements, balance sheets and what (the company) wants to do.
“We have gotten stung on a couple (of applications) in the last two or three years, and this will be a good move because we have professional people looking at the applications.”
Rethlake also told the commissioners, in an unrelated action, that the county still is uncertain how much or when it will receive economic stimulus funds from the state or federal governments.
The commissioners voted to request the county council to spend $2,900 on installing a counter in the Circuit Court bailiff’s office.
“There needs to be a counter” between the bailiff and the public, commissioner Mike Schrader, the former county sheriff, said. Currently there is no barrier.
The county is keeping its property and liability insurance with STAR, Rethlake said. There was a lower quote from another agency, but it did not offer coverage for the sheriff’s deputies, the county landfill and the recycling center.
The county is going to comb through its time sheets of the last two years to determine if any employee is owed overtime. It is anticipated the county owes between $3,000 and $6,000 in overtime pay.
“Supervisors must pay very close attention to their budgets because of the way things are,” Schrader said, referring to the uncertainties of the budget and tax revenues.
The commissioners are going to hold two monthly meetings on the road, one in Churubusco (either Oct. 5 or Oct. 19) and one in South Whitley on Sept. 9 to give the public a chance to attend a meeting without traveling to Columbia City.
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Last Updated ( Tuesday, July 07 2009 )
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