Commissioners advance Chase Building plans, accept elevator-security contract and engage counsel on Bridge 51 financing

Floyd County Board of Commissioners · January 21, 2025

Summary

The board accepted a Vector Security elevator contract for the Chase Building, approved engagement with Barnes & Thornburg related to Bridge 51 financing (with $1 million set aside for match), and heard space-planning updates for the Chase Building from the county auditor.

County Attorney Kristi Fox presented a Vector Security contract for elevator-system security in the renovated Floyd County building (formerly the Chase Building); the board accepted the contract, which carries a $120 monthly charge for a three-year initial term.

Building and Development and county leadership also approved an engagement letter with Barnes & Thornburg to address borrowing capacity for Bridge 51, noting the county has $1 million set aside as a match should borrowing needs increase. Auditor Diana Topping briefed commissioners on Chase Building space planning and said, "She thinks the Commissioners did a brilliant job in hiring Envoy. The space is very functional," noting the county will occupy upper floors while Chase Bank retains first-floor space until lease end.

Two items related to a filming company using Open Door Youth Services property were tabled pending more information and a letter from Open Door Youth Services' leadership.

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