Franklin County adjustments assembly dates; accepts bid for curiosity on Unorganized Territory banking

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FARMINGTON — Franklin County commissioners voted Tuesday to vary the assembly dates for February and accepted Franklin Financial savings Financial institution’s rate of interest for a CD.

County Administrator Amy Bernard can be on trip the week of Feb. 20, the identical as college trip week. She beneficial the fee meet at 3:15 p.m. Jan. 31 to open bids for the proposal for the Salem Bridge. Different dates being thought of for 2 February conferences are Feb. 7 and Feb. 14. Nevertheless, the latter date might change to satisfy particular person commissioners’ obligations.

Bernard instructed commissioners as a part of the banking evaluate for Unorganized County funds that charges are considerably larger than what they’re getting.

A number of banks supplied proposals on the rate of interest.

The county is presently getting 1.5%. Franklin Financial savings’ proposal was for 3.5%. The plan is the county would put $4 million in Franklin Financial savings Financial institution for 4 weeks. As soon as that point is up, they might renew, Bernard stated.

Commissioners additionally voted 2-1 to permit benefit-eligible workers who decide to enroll in a Medicare Plan to waive enrollment within the medical insurance choices by way of the county’s medical insurance supplier and obtain 100% of the full advantages package deal supplied to full-time workers until a specified proportion is assigned.

These profit {dollars} can be utilized to a Medicare supplemental well being plan and extra, non-obligatory advantages the place relevant, in line with the draft of the worker advantages.

The worker can be required to current proof of medical insurance protection as soon as enrolled, and direct funds can be made to the supplemental medical insurance provider.

Fee Chairman Terry Brann of Wilton opposed the movement whereas Commissioners Bob Carlton of Freeman Township and Lance Harvell of Farmington voted in favor.


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