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The Kentucky Association of Counties Finance Corporation held a Board of Directors meeting at 1 p.m. on Wednesday, April 23, 2025. This meeting was held at the KACo offices located at 400 Englewood Drive in Frankfort, Ky. and via video teleconference, in accordance with proper notice given in accordance with KRS 61.826 and KRS 65.312(3).
The roll was called. The following Directors were present: Chair Amy Chandler, Warren County Attorney (via video teleconference); Vice-chair Bill Bartleman, McCracken County Commissioner; Tabatha Clemons, Grant County Clerk (via video teleconference); and Matt Wireman, Magoffin County Judge/Executive.
Others participating included: Jim Henderson, Executive Director/CEO; Karen Basham, Chief Financial Officer; Tim Sturgill, General Counsel; Lonnie Campbell, Assistant Director of Financing Services; Kelly Mittler, Financing Officer; B. J. White, Accounts Receivable Officer; Alyssa Rogers, Staff Accountant; Keith Brock and R.J. Palmer, Senior Vice Presidents, Compass Municipal Advisors, LLC; Mark Franklin, Board Counsel, Dinsmore & Shohl, LLP; Rich Ornstein, Staff Attorney; Jennifer Burnett, Director of Strategic Operations; Brenna Angel, Associate Director of Communications; Sydney Blodgett, Member Engagement Manager; and Sonya Chesser, Executive Assistant to CEO/Director of Administrative Services.
Chair Chandler called the meeting to order at 1:04 p.m.
Chair Milliken accepted nominations for a chair, vice-chair and secretary.
Motion made by Bill Bartleman, seconded by Matt Wireman, to reelect Amy Chandler as chair, reelect Bill Bartleman as vice-chair and to elect Karen Basham as secretary. Motion carried.
Motion made by Matt Wireman, seconded by Bill Bartleman, to approve the minutes of the December 12, 2024, meeting as presented. Motion carried.
Ms. Mittler presented and discussed a Participation Resolution to approve the following participants: McCreary County Cooperative Extension District totaling $600,000 for the acquisition of land for a new extension office; Monroe County totaling $1,500,000 for the acquisition, construction, installation, and equipping of a new county road department building and related facilities and equipment; and Owen County Health Taxing District totaling $1,450,000 for the acquisition of a medical office building.
Motion made by Bill Bartleman, seconded by Matt Wireman, to approve the Participation Resolution as presented. Motion carried.
Ms. Mittler presented and discussed the 2025 Series A Bond Resolution for approval.
Motion made by Tabatha Clemons, seconded by Bill Bartleman, to approve the 2025 Series A Bond Resolution as presented. Motion carried.
Ms. Mittler provided a program update.
The next meeting is set for May 28, at 2:30 p.m.
Motion made by Bill Bartleman, seconded by Tabatha Clemons, to adjourn the meeting at 1:10 p.m. Motion carried.
