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 will probably be on trip the week of Feb. 20, the identical as faculty trip week. She really useful the fee meet at 3:15 p.m. Jan. 31 to open bids for the proposal for the Salem Bridge. Different dates being thought-about for 2 February conferences are Feb. 7 and Feb. 14. Nonetheless, the latter date could change to satisfy particular person commissioners’ obligations.

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

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

The county is at present 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 may renew, Bernard stated.

Commissioners additionally voted 2-1 to permit benefit-eligible staff who decide to enroll in a Medicare Plan to waive enrollment within the medical health insurance choices by the county’s medical health insurance supplier and obtain 100% of the overall advantages bundle provided to full-time staff except a specified proportion is assigned.

These profit {dollars} will probably be utilized to a Medicare supplemental well being plan and extra, elective advantages the place relevant, in response to the draft of the worker advantages.

The worker will probably be required to current proof of medical health insurance protection as soon as enrolled, and direct funds will probably be made to the supplemental medical health insurance service.

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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