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Board approves deferred-comp change, corrections agreements, grants and notices in routine votes
Summary
The Polk County Board of Supervisors approved several routine resolutions by roll call, including a deferred compensation investment change, agreements with the Fifth District Department of Corrections, grant awards, a refund to Vision Bank and publication of budget hearing notices; the board also authorized a public hearing for an electrical easement to MidAmerican Energy Company.
At its regular meeting the Polk County Board of Supervisors approved a package of routine resolutions covering personnel investment options, intergovernmental agreements, grants and public notices.
Key votes and outcomes:
- Deferred compensation investment change (Resolution No. 35): The board moved funds out of a low'yield cash/money market into a new principal product with an estimated ~3% higher return and transferability, eliminating a prior 12'month notice requirement for future changes. Staff said the change should increase return and flexibility for employee retirement accounts.
- Agreements with the Fifth District Department of Corrections: The board approved contracts for the youth supervision program and an intensive supervised drug court program.
- Position modification and easement notice: The conservation department position modification was approved, and the board authorized the auditor's office to publish a public hearing notice (April 8) for a permanent electrical easement to MidAmerican Energy Company on land known as the 4 Mile Creek Greenway.
- Vendor services and refunds: The board approved an amendment to the master services agreement with Veil Services LLC to continue print and mailing services for Iowa motor vehicle renewal notices and approved a $41.40 refund to Vision Bank of Iowa for an overpayment.
- Grants and property tax exemption: Community betterment grant awards and community sponsorship awards were approved, and a property tax exemption pursuant to an Iowa Code section noted on the agenda was granted as presented.
All items were adopted by roll call as listed on the agenda; staff said details such as contract award amounts will return to the board after procurement or bidding processes are completed.
