Date: 01/26/2006

Final
Conf 06-Agricultural Development Authority

SENATE COMMITTEE ON AGRICULTURE, NATURAL RESOURCES & ENERGY

Votes: View--> Action Taken:
Moved to recommend the confirmation of Don SchultzPASS

01:38 PM

Jim Rubingh, Executive Director, Agricultural Development Authority, described the bonding role of his agency. He said that loans issued by the agency have no financial impact on the state. He introduced Don Schultz who represents the San Luis Valley on the Authority Board. He commented on his agency's annual report, and the number of loans granted each year. The Authority can lend to cooperatives and businesses for agricultural processing, but most loans are made to individuals.

01:43 PM

Don Schultz, Board Member, said that the program also helps older farmers to sell their farms.
BILL:Confirmation - Agricultural Development Authority
TIME: 01:45:35 PM
MOVED:Entz
MOTION:Moved to recommend the confirmation of Don Schultz to the Agricultural Development Authority to the full Senate. The motion passed 7-0.
SECONDED:
VOTE
Brophy
Yes
Entz
Yes
Groff
Yes
Taylor
Yes
Tochtrop
Yes
Grossman
Yes
Isgar
Yes
Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS