Wednesday, August 15, 2007

Conflict of Interest in Blount County?

Blogging Blount County Commissioner Wendy Pitts has some good questions:

Link

At that meeting, I asked County Finance Director Dave Bennett about our banking partners. He stated that we banked with several banks around town to some degree, but that we did our greatest share of banking by far with Green Bank, formerly known as American Fidelity. When I asked how much money we hold in that bank, he said it varies, but that on average it's around 37 million.

At that meeting, we were voting on the county mayor's recommendations not only to the budgeting committee, but to a new purchasing committee as well. (The 1957 Law requires the creation of both.) Commissioner Mike Lewis, a vice president at Green Bank, was on the list for appointment to both committees.