The Kentucky Association of Counties held a special executive committee meeting at noon on Thursday, March 15, 2012 at 400 Englewood Drive in Frankfort, Kentucky.
The roll was called. The following Directors were present: President John Wilson, Garrard Co. Judge/Executive; Tommy Turner, LaRue Co. Judge/Executive; Jerry "Peanuts" Gaines, Warren Co. Sheriff; Buddy Nichols, Lyon Co. Magistrate; and Chris Harris, Pike Co. Magistrate.
Others present were: Denny Nunnelley, Executive Director/CEO; Brian Roy, Deputy Director; Tim Sturgill, General Counsel; Carolyn Jones, Chief Financial Officer; and Sonya Chesser, Executive Secretary.
President Wilson called the meeting to order at 12:15 p.m.
Motion made by Peanuts Gaines, seconded by Tommy Turner, to approve the minutes of the February 16, 2012 and March 5, 2012 meetings as presented. Motion carried.
Ms. Jones presented and discussed the following financial reports: consolidated budget report for period July 1, 2011 through February 29, 2012; balance sheet as of February 29, 2012; statement of activities and changes in net assets for period July 2011 through February 2012; and PAF budgets for all programs for period July 1, 2011 through February 29, 2012. Ms. Jones also presented copies of the credit card reports for the month of February as well as the out-of-state travel report for the month of February 2012.
Motion made by Buddy Nichols, seconded by Chris Harris, to approve the financial reports as presented. Motion carried.
Mr. Nunnelley said a potential buyer has made an offer of $500,000 for the KACo property located at 380 King's Daughters Drive. He asked the board for direction. The board agreed to consider an offer if one is made. Mr. Nunnelley provided an update on the disaster relief efforts in Morgan County. He said he delivered a $250,000 insurance advance from the KACo All Lines Fund to Morgan County Judge/Executive Conley to assist in those efforts. For those wanting to assist in volunteer efforts, he recommended contacting Gail Wright, executive director of the Gateway Area Development District or the Kentucky Emergency Operations Center. Mr. Nunnelley also discussed the damages to other insured members affected by the storm.
Motion made by Tommy Turner, seconded by Peanuts Gaines, to adjourn the meeting at 12:35 p.m. Motion carried.
