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Fiduciary responsibility of LCC to oversee VLCIA? –John S. Quarterman

Speaking to the Lowndes County Commission on 8 March 2011, I read from VLCIA “inter-governmental funding agreement” with Lowndes County, noting that VLCIA’s own audited annual financial report seems to be out of date, since it still says VLCIA asks the Lowndes County Commission for its funds. And I wondered about this part in Note F:
The bonds are secured by an “inter-governmental” funding agreement between the Valdosta-Lowndes County Industrial Authority and Lowndes County, Georgia.
I repeated what I wrote before:
If the Lowndes County government is co-guarantor of VLCIA’s bonds, how can the Lowndes County Commission say it has no responsibility or control over what VLCIA does? I am not a CPA, but the term “fiduciary responsibility” comes to mind.

I quoted myself from VLCIA Bonds: $15M becomes $23.5M?

If I’m reading that right (I am not a CPA), VLCIA took out about $15M in bonds for which they will pay back a total of about $23.5M. Is that really $8.5M in debt service, or about 56% of the original principal?
I pointed out that VLCIA seems to have about $8.3 million in cash Continue reading →

The politics of climate change denial

Why do some people deny the overwhelming science of climate change in a time when the evidence and analysis is so thorough and so conclusive that no reputable scientific organization in the world doubts any longer that humans are changing the climate of the whole planet for the worse: because it threatens their political and economic beliefs. Naomi Klein: Why Climate Change Is So Threatening to Right-Wing Ideologues:
And the reason is that climate change is now seen as an identity issue on the right. People are defining themselves, like they’re against abortion, they don’t believe in climate change. It’s part of who they are.
It’s like denying the earth goes around the sun. Why would they identify with such a silly thing? Because of what actually dealing with climate change would mean: Continue reading →

More from Myrtle Beach

Lorena Anderson writes in the SunNews more about Brad Lofton’s new job, including a very interesting tidbit about how he left his previous job. Georgia man tapped to bring businesses, jobs to Myrtle Beach area: Lofton gets three-year deal to lead MB agency:
A Georgia native with experience attracting industries and jobs to his home state has signed a three-year contract to lead the Myrtle Beach Regional Economic Development Corporation.

Doug Wendel, EDC board president, said the board voted unanimously Thursday afternoon to offer Brad Lofton the job. He will announce the change to his current employer, the Valdosta-Lowndes County Industrial Authority, on Tuesday, Wendel said.

Lofton will begin work on the Grand Strand on April 15, bringing to an end the EDC’s search for a new chief executive, which began more than a year ago.

The EDC will pay Lofton about $121,000 a year to bring new industry and jobs to Horry County.

Look what else they mentioned: Continue reading →

Movin’ on up!

Arrived via google alert for keyword “Valdosta”:
Those on the committee to hire a new EDC director seem so certain they will offer Lofton the job that he is already making plans to announce he’s leaving Georgia next week, and can start work here in mid-April.
Lofton? Yes, that Lofton:
Brad Lofton, a Georgia native and moneymaker for the Valdosta-Lowndes County Industrial Authority in his home state, is being introduced around Horry County today as the leading candidate for the executive director of the Myrtle Beach Regional Economic Development Corporation.
The story is Economic development agency likely has new director, by Lorena Anderson, in the Myrtle Beach SunNews.

Hm, somebody is counting at least one chicken that hasn’t hatched:

Lofton has been with the Valdosta group since 2006, and has brought millions of dollars’ worth of business and jobs to that county, Wendel said, including an energy plant that uses biomass and is now getting federal renewable energy credits; ….
Also notice what they don’t list as a positive: the solar plant. Perhaps an indication of somebody’s priorities.

-jsq

Is Dixie Alley spreading?

So today we have a report of a tornado at Poulan (west of Tifton), tornados in Alabama and west, and right now the storm is sitting on top of Tallahassee in a circular pattern:

More maps of Dixie Alley from Is Dixie Alley an extension of Tornado Alley? by P. Grady Dixon, et al.: Continue reading →

A new tornado alley?

Just a couple of weeks ago a local elected official told me “we didn’t live in tornado alley”. Well, after today’s storm in which apparently there were some tornados to the west before it got here, the Washington Post remarks on Mardi Gras storm risk & the new tornado alley:
Despite the lack of historic twister activity around New Orleans, tornado climatology indicates they become much more common due north into south central Mississippi and expanding northeast and northwest from northern Alabama across northern Louisiana, southwest Tennessee and into eastern Arkansas.
As you can see by the map they posted from a recent study, one pocket of this new tornado alley, nicknamed Dixie Alley, is in south Georgia.

The article goes on to quote a different study that said:

…Dixie Alley has the highest frequency of long-track F3 to F5 tornadoes, making it the most active region in the United States. … Based on this analysis, colloquial tornado alley fails to represent the areas of highest activity in the United States, indicating that a more comprehensive analysis of additional tornado alleys in the United States by the NWS may be needed in the future.
So yes, we do live in the new tornado alley.

Sure would be nice for people around here to have NOAA Weather Radios.

-jsq

PS: Nothing but wind and rain on my hill. This time.

Tornado warning: you would have heard this on NOAA Weather Radio

This is what NOAA Weather Radio would tell you right now. I know this stuff because a friend called and told me to check on the Internet. But people who can’t afford $21 for a radio don’t have Internet connections; some don’t have telephones. When there’s severe weather frequently telephones don’t work, either.

The red line is severe weather heading this way fast:

WCTV reports Tornado Watch: Severe Weather Expected Throughout Fla. Panhandle: Continue reading →

Lowndes County Commission Meets Tuesday Evening

It’s a light agenda, but that doesn’t mean nothing interesting or important will happen: you never know. Here is the agenda:

View Larger Map
LOWNDES COUNTY BOARD OF COMMISSIONERS
PROPOSED AGENDA
WORK SESSION CANCELLED
REGULAR SESSION, TUESDAY, MARCH 8, 2011, 5:30 p.m.
327 N. Ashley Street – 2nd Floor

  1. Call to Order
  2. Invocation
  3. Pledge of Allegiance to the Flag
  4. Minutes for Approval
    1. Work Session – February 21, 2011
    2. Regular Session – February 22, 2011
  5. Public Hearings – REZ-2011-02 Cat Creek, 4097 Cat Creek Road, 0144 050, 9.18 ac., ~23 lots, R-21 to R-10
  6. Citizens Wishing to be Heard Please State Name And Address
  7. For Consideration
    1. Smith Northview Services Agreement
    2. Inmate Medical Savings Program
    3. Resolution and Contract for the Hazardous Waste Trust Fund (HWTF)
  8. Reports-County Manager
According to the Lowndes County Tax Assessor’s Office, the 9.18 acres at 4097 Cat Creek Road are owned by Narvel R. Briggs of 243 Park Street, Somerset, NJ 08873 with no sales on that land reported since 1982. I would guess this is not a big developer, rather a child of the original owner.

-jsq

ESPLOST election, now through 15 March 2011

Update 7 Mar 2011: election date fixed in this post title and text.
Here’s how to announce public finances:
To be published on February 11, 18, and 25, 2010 and March 4 and 11, 2010.
That’s five times the Lowndes County Board of Elections is publishing the details of the ESPLOST one percent sales and use tax for educational purposes. This is significant money: not more than $165 million dollars over five years, $94,875,000 for Lowndes County schools, and $70,125,000 for Valdosta schools. There are only two main ways of raising money for public schools: sales taxes, or property taxes. The local school boards use both. This is the sales tax part.

Well, there is a third way. Continue reading →

LAKE as a news medium

We are the media, and you can be, too!

According to the OPEN Government Act of 2007:

[T]he term ‘a representative of the news media’ means any person or entity that gathers information of potential interest to a segment of the public, uses its editorial skills to turn the raw materials into a distinct work, and distributes that work to an audience. In this clause, the term ‘news’ means information that is about current events or that would be of current interest to the public. Examples of news-media entities are television or radio stations broadcasting to the public at large and publishers of periodicals (but only if such entities qualify as disseminators of ‘news’) who make their products available for purchase by or subscription by or free distribution to the general public. These examples are not all-inclusive. Moreover, as methods of news delivery evolve (for example, the adoption of the electronic dissemination of newspapers through telecommunications services), such alternative media shall be considered to be news-media entities.
It’s pretty obvious LAKE qualifies as a news medium with its blog, On the LAKE Front, as well as its web pages and its facebook page.

Here is the bill’s full text. The bill was sponsored by Sen. Patrick Leahy and 17 others, ranging from Sen. Barack Obama to Sen. Johnny Isakson. It was signed into law by President George W. Bush 31 December 2007.

Of course that’s really just a detail, having to do with the Wikileaks comparison.

Most of what LAKE does has more to do with Georgia law, about open records requests and this passage, O.C.G.A. § 50-14-1-c.:

“Visual, sound, and visual and sound recording during open meetings shall be permitted.”

None of that requires a news medium. Any citizen can file open records requests or record public meetings. Remember, you are the media!

-jsq for LAKE, the Lowndes Area Knowledge Exchange