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BOARD00140
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Last modified
8/16/2009 2:45:35 PM
Creation date
10/4/2006 6:32:27 AM
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Board Meetings
Board Meeting Date
5/7/1980
Description
Agenda and Minutes
Board Meetings - Doc Type
Meeting
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<br />35 <br /> <br />. <br /> <br />1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br /> <br />put a limit on it which is the total figure here, fine. <br /> <br />Go that way and then if $600,000 comes in, why, we <br /> <br />go with $600,000. <br /> <br />MR. KROEGER: If I understood Bob's objection to <br /> <br />that, it was basically because we did encumber the total <br /> <br />amount at this time. <br /> <br />MR. JACKSON: For five years, though, or forever. <br /> <br />MR. KROEGER: And this -- your motion now is what~ <br /> <br />MR. JACKSON: Well, I hope -- let me try it again. <br /> <br />We recommend to the legislature that the Highland Lake <br /> <br />Ditch project be authorized for up to $1,200,000 State <br /> <br />share, such share to be matched by ASC or other monies <br /> <br />within -- what is fair in that situation? <br /> <br />MR. IOANNIDES: One. <br /> <br />MR. JACKSON: Within one year. No, I don't want it <br /> <br />to be hanging over. They either -- whatever they get now <br /> <br />is what they can spend and I don't know how to say that, <br /> <br />but that's what I want to say. <br /> <br />MR. McDONALD: The nature of the ASCS program, Bob, <br /> <br />is that ASCS will make, you know, legally binding <br /> <br />committments on a year-by-year basis. They may hold out <br /> <br />-- they may hold out the offer of an ultimate five-year <br /> <br />project, but they can terminate in the middle of the <br /> <br />exercise if they choose to do so. <br /> <br />So if the concern of the Board is obligating ourself <br /> <br />. <br /> <br />. <br />
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