SPECIAL COMMISSION MEETING

FRIDAY, FEBRUARY 26, 2010

PRESENT:                W. SCOTT BIAS, PRESIDENT

                                    ROBERT L. BAILEY, COMMISSIONER

                                    NANCY CARTMILL, COMMISSIONER

                                    STEPHEN ZOELLER, COUNTY MANAGER

                                    WILLIAM WATSON, COUNTY ATTORNEY

                                    SHARON ROSS, ASSISTANT COUNTY MANAGER

                                    FOR BILLABLES AND PAYABLES

                                    CHRIS TATUM, ASSISTANT COUNTY MANAGER

                                    FOR PERSONNEL AND PURCHASING

W. Scott Bias, President, called the special meeting of the Cabell County Commission to order at 10:00 a.m.

APPROVE:

#066                            RESOLUTION, CABELL COUNTY COMMISSION

                                    RE:  LOCAL SUB-ALLOCATION OF THE VOLUME CAP

                                             WITH RESPECT TO RECOVERY ZONE FACILITY

                                             DEVELOPMENT BONDS TO THE RAHALL

                                             TRANSPORATION INSTITUTE FOUNDATION 

Stephen Zoeller, County Manager, informed the Commission that representatives from the Tri-State Institute of Pharmaceutical Sciences had requested $200,000.00 from the Facility Bond Funds.  Mr. Zoeller stated that the Rahall Transportation Institute Foundation had increased its request to $7,326,000. Mr. Zoeller further stated that the resolution and certification would need to be amended if the Commission agreed to this request. 

Nancy Cartmill, Commissioner, moved to approve amending the resolution to reflect the revised amount, with $200,000.00 allocated to the Tri-State Institute of Pharmaceutical Sciences and $7,326,000 allocated to the Rahall Transportation Institute Foundation from the Recovery Zone Facility Development Bonds and to approve signing the amended resolution.  Robert L. Bailey, Commissioner, seconded the motion and the vote was unanimous. 

#067                            CABELL COUNTY COMMISSION

                                    RE:  AMENDED PRELIMINARY CERTIFICATION FOR

                                            RECOVERY ZONE FACILITY BONDS

Stephen Zoeller, County Manager, stated that Exhibit A in item #067 would need to be revised regarding the amount of funds going to the Rahall Institute and Tri-State Pharmaceutical Services.

FRIDAY, FEBRUARY 26, 2010

PAGE TWO

Nancy Cartmill, Commissioner, moved to approve the amended certification for Recovery Zone Facility Bonds regarding the amount of funds in Exhibit A.  Robert L. Bailey, Commissioner, seconded the motion and the vote was unanimous. 

Representatives from the Rahall Institute and the Tri-State Pharmaceutical Services informed the Commission on how the funds from the bonds would be used.

W. Scott Bias, President, adjourned the special meeting of the Cabell County Commission at 10:35 a.m., until the next regular scheduled meeting on Thursday, March 4, 2010, at 10:00 a.m.

                                                            __________________________________________

                                                                PRESIDENT, COUNTY COMMISSION 

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