Special Meeting

June 28, 2007


The Board of Supervisor met in Session on the above date with the following members present: Condon, Dencklau, Lizer, and Nolting.   Absent:  Motl.


Moved by Lizer, seconded by Condon to adopt the following resolution:


Whereas, Webster County has previously approved the purchase of real property located in Ft. Dodge, Iowa, from First States Investors 69, LLC; and


Whereas, the planned closing date was June 28, 2007, and


Whereas, certain issues relating to title and closing documents have delayed the closing; and


Whereas, the county wishes to expedite closing when those issues are resolved and the closing can occur.


Now, therefore, it is resolved that the county shall transfer the expected purchase price and other estimated costs related to closing ($405,000.00) to the trust account of Ahlers & Cooney, P.C., the attorneys acting on behalf of the county in this transaction, to be held in trust until closing, at which time Ahlers & Cooney, P.C. shall make proper distribution upon approval of the county auditor.  Ayes:  Nolting, Lizer and Condon.  Nays: None.  Dencklau abstained to void any conflict of interest.  Motion carried.


Moved by Condon, seconded by Lizer to approve and authorize transfer from General Basic Fund to Capital Projects Fund in the amount of $132,000 (balance of private use portion of bank building).  Motion carried unanimously.


Moved by Dencklau, seconded by Lizer to allow claims. Motion carried unanimously.


Moved and seconded the meeting adjourned.