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Greene County district board keeps officers, approves minutes that include 6th sublease amendment and accepts year-end finances
Summary
The Greene County district board confirmed officers for another year, approved meeting minutes that included a 6th amendment to a sublease (signature pending a related authority meeting), and accepted a financial report showing year-end cash and recent receipts and expenses.
At a meeting of the Greene County district board, members confirmed the existing slate of officers, approved minutes from recent regular and joint meetings that recorded approval of a ‘‘6th Amendment’’ to a sublease, and accepted a financial report covering the recent months and year-end balances.
The board confirmed Sharon as president, Alan as vice president, Tim as secretary and Scott as treasurer. Members approved the minutes from the board's prior regular and joint meetings; the approved minutes record adoption of the 6th Amendment to a sublease. The minutes note the amendment will become an official, executed document after the related redevelopment authority approves its meeting next week and once a board member signs the document.
Matt presented the financial report. For the months reported, the board heard that collections from customers in the earlier month were recorded as 860,410 (as stated in the transcript), receipts in December were recorded as 1,100,389, and December expenses were recorded as $9,869.98. The report stated an end-of-year cash balance of $4,000,387.29. Board members said collections have risen year to year and that there were no expenses out of the ordinary for the months presented.
Board discussion included the district's continuing payment obligation tied to the sublease amendment. Members said the district will continue to make that payment "as long as we have the cash to do it," and noted the issue will be revisited if cash is exhausted. Staff and board members also identified one account with uncertain physical-address information (an account associated with Ed/Sam Strong and Westgate Holdings); members assigned follow-up to verify the property's physical address and account details.
The board took three formal actions during the meeting: (1) a motion to retain the current officers; (2) approval of the meeting minutes (which include the 6th Amendment to the sublease); and (3) approval of the financial report. Each motion was seconded and carried by voice vote; no roll-call tallies were recorded in the transcript.
Members set a regular schedule of meetings with the next scheduled meeting noted for February and adjourned the session at the end of the agenda.
