News Column

County to review request for debt forgiveness

July 5, 2014

By J.D. Walker, The Courier-Tribune, Asheboro, N.C.



July 05--ASHEBORO -- Will Massie, county finance director, has asked Randolph County commissioners for a decision on a request from the Randolph Family Health Care at MERCE (formerly known simply as the MERCE Clinic) for consideration of debt forgiveness.

He will officially place the issue before the board at Monday's monthly meeting.

The meeting, which will begin at 6 p.m. at the Historic County Courthouse at 145 Worth St., is open to the public.

In December 2011, the board authorized a line of credit up to $215,000 to be made available to the facility. In his prepared remarks for Monday's meeting, Massie said the advance provided cash flow and allowed the organization time to stabilize its financial operations. The line of credit expires Aug. 31.

During the recent budget meetings, facility director Teresa Shackleford requested forgiveness of the debt. Commissioners did not act on the request. However, County Manager Richard Wells pointed out the county's budget, as proposed, was very tight. Shackleford was asked, if the debt was forgiven, would she be back next year to ask for more assistance.

Shackleford told commissioners the operation currently has funding to handle day-to-day costs. However, she said the clinic cannot afford to make both its debt payment and daily bills.

Commissioners took no action during budget hearings. Allowance was not made to forgive the debt in the budget approved on June 16.

Efforts to reach Shackleford for comment on Thursday were not successful.

In other business, commissioners will consider:

-- A request for adoption of a proclamation designating Randolph as a Purple Heart County.

-- The official charge to the tax department for tax collection in the 2014-15 fiscal year.

-- A request for adoption of a county personnel classification and pay plan.

-- A request for adoption of a resolution approving a new slogan for county welcome signs.

-- Award of the bid for the purchase of two vehicles for Emergency Services.

-- Award of a bid for construction of the Uwharrie Ambulance Base.

-- The election of a voting delegate for the N.C. Association of County Commissioners' annual conference in August.

-- A closed session for a possible economic development project.

___

(c)2014 The Courier-Tribune, Asheboro, N.C.

Visit The Courier-Tribune, Asheboro, N.C. at www.courier-tribune.com

Distributed by MCT Information Services


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Courier-Tribune (Asheboro, NC)


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters