Loans To Be Paid Off By County Approved During Commission Meeting

Around 25 residents of the Hills Creek Road area here in Cannon County showed up to the monthly meeting of the Cannon County Commissioners Saturday to voice their opinions and concerns of the Spring2Life Christian Addiction Recovery Center. The Center recently bought property on Hills Creek Road.to open a faith based resident home to people who are seeking help in overcoming addictions. The Commission heard from Erk Hines pastor and president of Spring2Life. After Pastor Hines introduced his program and addressed questions from the Commissioners and a few from the audience. The residents from that area got their chance to address the Commission. During the discussion, Commissioner Kevin George said that because it was part of a church organization nothing illegal is being done. In other actions.the Commissioners approved the Budget Amendments presented in the Debt Service Budget, County General Budget and the Cannon County Schools BudgetThe Commissioners approved the 2012 Road Map and inventory list from the County Garage with the amendment of a couple of road names. Burt Lane and Horton Hollow Lane’s information needed to be added correctly to the Road Map.
Cannon County Sheriff Darrell Young gave a report on the progress of the capital project of renovating the jail. Two tankless water heaters, four HVAC units and 8 exhaust fan motors and the roof has been repaired. The lighting and security system is still in the works at this time. The total cost at this point not including the roof is $45,281.00 which leaves a balance of $179,718.96
The Commission approved to the payoff of three long term loans to save money by not having to pay the interest of the loans. With this approval the Cannon County Expo Building loan, the 9-1-1 building loan and the water line loan on the water line shared by Cannon and Rutherford Counties will be paid off. This will save the County an estimated $375,000 in the long run.
The Commission agreed to the Budget Amendment in Debt Service fund to initiate a bond rating study which will cost $5,000. Once a bond rate is established the County can save at least $10,000 a year on future loans
The Commission reviewed a report that showed where each county department stood in their budget figures for the first half of the fiscal year. A handful of departments were significantly  over 50 percent of their budget but it was noted that they are in good shape as most of their budgeted items are paid out only once a year.
The next meeting of the Cannon County Commissioners is Tuesday February 14th