The Lycoming County commissioners are planning to invest the money that will be used to pay to expand the county landfill's waste fields.
The commissioners will invest $8 million - proceeds from bonds issued earlier this year - with the Pennsylvania Local Government Investment Trust, Beth Johnston, county director of fiscal services, said Tuesday during a commissioners work session.
The commissioners on Thursday will consider opening an account with the trust, which offered the best interest rates of five banks that submitted proposals to the county, Johnston said.
According to Johnston, the trust has a program specifically designed for the investment of bond proceeds.
Most of the money will be used to pay for the construction of waste field 12 at the county landfill in Brady Township, though a small portion of it will be used for other capital projects, Johnston said.
The money will be placed in short-term investment accounts of six months, one year and two years so it will become available as the landfill project progresses, she said.
In other business, the commissioners will consider applying for a state Department of Community and Economic Development Emergency Solutions grant on behalf of the YWCA.
The application seeks $193,000, which will be used for the agency's rapid rehousing and emergency shelter programs, said Mya Toon, county grants administrator. The cost of the programs is $379,000, Toon said.
The YWCA will provide the remainder of the needed funding, she said.
The commissioners will consider agreements with local attorneys Trisha Hoover and Donald Martino.
They will be paid $35,000 annually and handle about 65 cases per year, according to Kevin Way, county court administrator. Conflicts attorneys are needed when there is more than one defendant in a case and all defendants cannot be represented by the public defender, Way said.
The commissioners will consider an amendment to agreements with Martino and attorney Jeff Yates on behalf of the county Juvenile Probation office.
The amendments raise the attorney's annual compensation from $35,000 a year to $40,000 a year, said Nancy Ackley, JPO administrative assistant.
