KCNH Financial Feasibility Study Underway
Submitted KCNH Board Minutes
The Board of Directors of the Knox County Nursing Home conducted their regular monthly meeting on Wednesday, September 15, 2010. This meeting was legally posted and was conducted openly in the nursing home cafeteria. Those present were board members: Jim Pinson, Jeanne Mayfield, Jeff Smith and Kay Sykes. The administrator, legal council and one public representative were present. There being a quorum and this being a legal meeting the chairman called the meeting to order. The agenda was reviewed and approved as previously posted.
Minutes from the August board meeting and the September 8th special board meeting for the purpose of setting the tax levy were reviewed. Minutes from each meeting were passed as presented.
Under old business: installation of the new boilers is to begin Monday, September 20th. Legal matters concerning a former employee were addressed. This matter was tabled last month due to the need for additional supportive information. Such information was requested but not received. In light of the circumstances and the fact that she was not able to obtain supportive information, legal council recommended the board take no action at this time. The administrator reported that BK&D accounting firm is in the process of doing a financial feasibility study for the remodeling project and expects a completed report by the October meeting. The administrator then explained possible licensing options and presented cost estimations for this remodeling project.
Under new business: a long time board member had submitted a letter of resignation due to health reasons. The Board entertained discussion regarding appointment of a new board member. Motion was made to appoint Morris Moritz. Mr. Moritz is a resident of Edina and had previously received care at the Knox County Nursing Home. Vote was taken and approved unanimously.
The administrator reported that auditors are scheduled to arrive in mid October to conduct their annual financial audit. Necessary computer upgrades were made to accommodate software changes needed in performing a new mandatory nursing assessments. The administrator emphasized the importance of the October meeting as he expects to have a financial feasibility report concerning the remodeling project. There being no public comment or board concerns the meeting was adjourned at 8:45 p.m.