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County manager authorized to draw down ABC commission retained earnings to support building project
Summary
The board authorized the county manager to determine and draw down funds from the ABC commission's retained earnings to support the ABC board's building project; the motion passed by voice vote with Commissioner Taylor recorded as absent.
The Greene County Board of Commissioners authorized the county manager to determine the amount and execute a drawdown from retained earnings of the county's ABC Board to support the ABC board's building project.
During discussion, county staff and commissioners discussed that the ABC component unit is not included in the county's audit and that the request related to retained earnings for the ABC Board as the board plans a building project. The exact amount to be drawn down was not finalized at the meeting; participants referenced differing figures and asked the county manager to determine the precise amount.
Commissioner Cherry moved to authorize the county manager to determine the amount and execute the drawdown; a second was recorded. Commissioners approved the motion by voice vote. The record notes Commissioner Taylor was absent for the vote.
The transcript indicates the motion was intended to enable timely access to funds needed for the ABC Board's building closing, but the commissioners deferred precise dollar-figure confirmation to the county manager and attorney. The action authorizes staff to proceed; no specific disbursement schedule or exact dollar amount was recorded in the meeting minutes.
