STATE BOARD OF EXAMINERS
MINUTES– Regular Meeting
March 20, 2008 – 8:55 a.m.
Borah Post Office Building, 204 N. 8th Street, 2nd Floor Courtroom
The regular meeting of the State Board of Examiners was called to order at 204 N. 8th Street, Boise, Idaho, at 9:00 a.m. pursuant to Idaho Code §67-2002 and by the order of the chair.
The following board members were present: Governor C.L. “Butch” Otter; Secretary of State, Ben Ysursa; Attorney General, Lawrence Wasden, and Donna M. Jones, Secretary to the Board of Examiners recorded the proceedings of the meeting.
Ms. Jones introduced the consent agenda items. Mr. Wasden moved to approve the consent agenda. Mr. Ysursa seconded the motion. The motion carried on a unanimous voice vote.
1. Minutes - Approved
Approval of official minutes for the meeting of the Board of Examiners on February 21, 2008.
2. Department of Administration - Approved
a. Request for recognition of assignment pursuant to Idaho Code §67-1027 from Baklap Ventures LLC to KMC IV, LLC c/o Elliott Associates Inc.
b. Request for recognition of assignment pursuant to Idaho Code §67-1027 from Timothy T. Latta and Irene M. Latta and Ascot, LLC to Timothy T. Latta and Irene M. Latta.
3. State Treasurer - Moved to Regular Agenda
4. Bureau of Homeland Security, Division of Military, Executive Office of Governor - Approved
||Description||Amount||Comments||Date to Board|
|2007-00271||HazMat||$5610.37||Old dynamite found at a residence; 10825 N. 44 E. in Ucon.||3/6/08|
|2007-00306||Drug Lab||$989.71||Drug lab located at 3972 Grouse Creek Rd. in Sandpoint.||3/6/08|
|2007-00315||HazMat||$1079.27||Avis rental car sustained fuel tank damage during a traffic accident, causing a fuel leak.||3/6/08|
|2007-00330||HazMat||$966.96||Pipe bomb was found in the driveway area of a storage shed facility in Lewiston.||3/6/08|
|2007-00334||Drug Lab||$1429.74||Drug lab located at 2916 Julia in Coeur d' alene. ||3/6/08|
|2007-00338||Drug Lab||$1956.61||Drug lab located at 004 Nielson Lane in Hansen.||3/6/08|
|2007-00339||HazMat||$3880.09||Envelope containing unknown item was left at the E. Boise Port of Entry, I-84 at Mile Post 66. ||3/6/08|
5. Idaho State Police - Approved
Request approval to pay overtime for work performed on specific overtime funded grants, projects and agreements for Idaho State Police as allowed in the revised Idaho Code 67-5302 (20).
3. State Treasurer - Approved
Request for approval to issue the Fiscal Year 2009 Tax Anticipation Notes.
Discussion: State Treasurer Ron Crane asked to seek approval to issue the Tax Anticipation Notes for the year. The Notes have been issued annually for the past 23 years. The state uses the proceeds of the sale of those notes to level out cash flows. He stated that he could not project the amount of the issue for this year, but will know after the April 15 and May revenues are received. The anticipated revenue for the entire state is at $2.5 billion. The authorized amount to issue would be 75% of the $2.5 billion, but the state
would not actually issue that much.
Mr. Wasden thanked Mr. Crane for his work and effort as Treasurer of the state.
Mr. Ysursa also thanked Mr. Crane and asked if he would give a short overview of Idaho’s credit ratings.
Mr. Crane noted that Idaho is blessed to enjoy a high credit rating. When purchasers see Idaho paper come to the marketplace, it is very valuable because they know Idaho will pay its bills.
Resolution: Mr. Ysursa moved to approve item 3. Mr. Wasden seconded the motion. The motion carried on a unanimous voice vote.
6. Department of Correction
Idaho Department of Correction would like to advise the Board of its intention to renew its contract with GEO and the city of Littlefield, Texas, in order to allow Idaho prisoners to remain at Bill Clayton Detention Center (“BCDC”) for an additional year.
Discussion: Director Brent Reinke noted that there are currently 493 Idaho inmates out of state in two locations. The intention is to extend the contract at the Bill Clayton Detention Center in Littlefield, Texas for another year at $51/day. Secondly, there are 120 Idaho inmates at the North Fork Correctional Facility in Sayre, Oklahoma being housed at $58/day. There is a need to send another 120 inmates to that facility in the next 30 days, and then also an additional 120 inmates in late July.
7. Attorney General
a. Notification that V. Rafael Stone of the firm of Foster Pepper, PLLC in Seattle, Washington, has been appointed pursuant to Idaho Code §67-1409 as a special deputy attorney general for the purpose of representing PERSI in investment-related transactional matters that include, but are not limited to, PERSI’s private equity and private real estate investments.
b. Notification that Paul Madden of the firm of Whiteford, Taylor & Preston, LLP in Baltimore, Maryland, has been appointed pursuant to Idaho Code §67-1409 as a special deputy attorney general for the purpose of consultation, research, and advice on federal tax and regulatory issues related to plan qualification and compliance, as needed and when requested by PERSI.
c. Notification that J. O. Nicholson, III of Nicholson Law Office has been appointed pursuant to Idaho Code §67-1409 as a special deputy attorney general for the purpose of representing the State of Idaho, Idaho Transportation Department Automatic License Suspension (ALS) Program.
d. Notification that Stephen J. Muhonen of the firm of Racine, Olson, Nye, Budge & Bailey, Chtd., has been appointed pursuant to Idaho Code §67-1409 as a special deputy attorney general for the purpose of representing the State of Idaho, Idaho Transportation Department Automatic License Suspension (ALS) Program.
e. Notification that Peter J. Johnson of Johnson Law Group in Spokane, Washington, has been appointed pursuant to Idaho Code §67-1409 as a special deputy attorney general for the purpose of representing the State of Idaho in the case of DeForest v. Bergen, et al.
f. Notification that Mary V. York, Murry D. Feldman, and Craig D. Galli of the firm of Holland & Hart, LLP, has been appointed pursuant to Idaho Code §67-1409 as a special deputy attorney general for the purpose of representing and defending the Idaho Transportation Department (ITD) in legal matters concerning the challenge in the case of North Idaho Community Action Network, et al. v. Hofmann, et al.
g. Notification that D. Joseph Cartwright with Carwright Law Firm, P.C., in Salt Lake City, Utah, has been appointed pursuant to Idaho Code §67-1409 as a special deputy attorney general for the purpose of representing the State of Idaho in the case of Estate of Welberg.
8. State Insurance Fund
a. Estimate of the State Insurance Fund expenses to be paid by sight drafts for the month of January, 2008.
Estimated expenditure for workers compensation claim costs, dividends and premium refunds
Funds Expended in January, 2008
Workers Compensation Claim Costs
Estimate of the Petroleum Clean Water Trust Fund expenses to be paid by sight draft for the month of January, 2008.
Estimated expenditure for Petroleum Clean Water Trust Fund
Funds Expended in January, 2008:
A meeting agenda will be available at the Idaho State Controller’s Office, 700 West State Street, Boise, Idaho, two (2) working days before the meeting.
If you have questions or would like to arrange auxiliary aides or services for persons with disabilities, please contact the Idaho State Controller’s Office at (208) 334-3100. Accommodations for auxiliary aides or services must be made no less than five (5) working days in advance of the meeting.
The CONSENT AGENDA addresses routine items the board may approve without discussion.
The REGULAR AGENDA addresses policy and program items the board may wish to discuss prior to making a decision.
The INFORMATION AGENDA provides information only.
The agendas are subject to change and the Board may move an item from one agenda to another.
There being no further business before the board and on motion duly made and seconded, THE MEETING OF THE STATE BOARD OF EXAMINERS WAS ADJOURNED at 9:04 a.m.
__________/s/ C.L. “Butch” Otter________
C.L. “Butch” Otter, Chairman of the Board and
Governor of the State of Idaho
__________/s/ Donna M. Jones ____________
Donna M. Jones, Secretary of the Board and
Idaho State Controller