Alva Review-Courier -

Avard Regional Rail Authority meets Tuesday

 


The agenda for the June 12 Avard Regional Rail Authority meeting called for an executive session for the purpose of making a proposal to entice a new firm to make use of the Avard rail park. Executive Director Sonja Williams said she has not had further contact from the firm even though she has reached out. So no executive session was needed.

The group approved paying a $2,659 liability insurance premium to ACCO-SIG for FY 2018-19. The bill was about a $119 higher than last year.

They reviewed and voted to accept the audit for last year. The same two exceptions were named by the auditor as previous: the staff is not large enough to have complete division of purchase and payment authority; and the sum of money in one bank account exceeds the FDIC insurance limit. The board members believe that with County Clerk Shelley Reed making most purchases and with Sonja Williams paying the bills, that adequate protection exists even though Reed is not an employee of the rail authority.

Kimberlye Mayer, CPA, was paid $2,035 for the audit and her contract was renewed another year.

Under visitors remarks, County Commissioner Candidate Mike Goucher told the group that if he is elected, he would once again work closely for economic development.

In financials, the authority has total liabilities of $664,900.84, which is considerably lower than the $3 million they once had. Also, the BnccCentral account shows a balance of $348,464.50.

Rail business has been slow because BNSF has been conducting track maintenance in the Avard Rail Park.

 

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