County commissioners opened jail expansion financial bids during Monday morning's meeting from nine different institutions.
While the commission did not award a bid Monday, Presiding Commissioner Greg Mathis said someone will review the documents for the county and he expects a decision to be made "quickly."
Financial bids were received from Southern Bank of Dexter, US Bank of Dexter, Alliance Bank of Cape Girardeau, Stifel of St. Louis, First Midwest Bank of Dexter, The Bank of Missouri of Poplar Bluff and First State Community Bank of Sikeston.
Commerce Bank of Poplar Bluff submitted a letter of interest in lieu of a firm bid due to limited information of size, anticipated cash flow and time frame.
First State Bank & Trust Co. of Dexter provided a letter stating they would not be submitting a bid at this time.
"We would be interested in participating with the winning financial institution if they so desire," the letter stated. "We would prefer to work with our fellow financial institutions rather than compete against them in this financial endeavor for Stoddard County."
OLD METHODIST CHURCH
Commissioners approved a bid for $750 from Midwest Environmental Studies to remove asbestos from the old Methodist Church at 201 E. Court Street in Bloomfield.
The asbestos must be removed before the demolition of the building takes place for the jail expansion project.
According to Tim Pekios of Midwest Environmental Studies, 83 square feet of duct seam tape will need to be removed from the building.
Mathis reported Pekios would be able to take care of the removal quickly and the commission would then be ready to move forward with demolition bids.
MEDICAL INSURANCE
Commissioners approved the requirement of having an explanation of benefits attached when turning in vouchers to be reimbursed from medical insurance.
"If it's not on there, it doesn't get paid," Mathis said.
Commissioners also passed a motion where the co-pay is the responsibility of the employee at all times, even after the deductible has been met.
SJR5 TAXATION
Assessor Dan Creg passed a letter to commissioners from the Missouri's Joint Committee on Legislative Research Oversight Division.
The letter was looking for information regarding how not collecting personal property would effect counties as part of a preliminary study.
If no personal property taxes were collected in Stoddard County, $6.4 million in taxes would be lost.
According to Creg, doing away with personal property taxes has been looked into before and is a part of the 2019 legislation.
"I don't think it will go very far," he said.
The information is due Dec. 21 if the county agrees to provide the committee with the impact for the area and is expected to be on next week's agenda.