County Receives Bond Check for $5,335.67 from KCAMP

On March 15th, the Bourbon County Commissioners received a letter and check for $5,335.67 from KCAMP in payment for lost tax interest revenue from the Treasurer’s office.  According to the letter, KCAMP is now requesting payment from the Treasurer for $5,335.67. A copy of the letter can be seen here.

As discussed previously, the law appears to require that a suit be filed to recover money from bonds. The commissioner’s decision to pursue the matter directly from KCAMP allowed them to recover the fund without the cost of of a lawsuit.

3 thoughts on “County Receives Bond Check for $5,335.67 from KCAMP”

  1. “The commissioner’s decision to pursue the matter directly from KCAMP allowed them to recover the fund without the cost of of a lawsuit.”

    Actually, I believe that the commissioner’s decision involved not pointing any fingers. Seriously, what would the cost of a lawsuit be when you have a county attorney? The cost is always the attorney fees.

    1. For us: I don’t understand you saying that the commissioners’ decision involved not point any fingers? It looked to me like they were pointing a finger at the County treasurer, that her performance caused a loss of funds to the County and isn’t that what the bond is issued for? Although we have a County Attorney, I am not sure she would have the time to do such a case or that it would be appropriate (she did pass the investigation to AG/KBI on the payment plan fiasco) and another attorney is handling all the details associated with the tax sale – big money I am sure. I was going to look in the statutes regarding “Paid In Full” in regard to the Treasurer’s Office but had not. I was thinking though, say I bought that business in question and everything was marked “Paid In Full” and now, they tell me, “oops” we were wrong and while I know that is not the case in this situation, I think it may indicate there would be a reason that “Paid In Full” would be taken to mean just that. Perhaps, I am misunderstanding what you are saying?

    2. The County Attorney is busy enough that the tax sale is being handled by another attorney in town. So there is likely to be some expense even if it shows up in other work that has to get passed on to another local attorney.

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