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Financial issues continue to major point for LMC board

System E-mail: Ms. Snyder, Chief Information Officer was present to explain why we can not go through Triangle Telephone accommodate the installation of e-mail. She explained that in doing, all staff e-mail is different from our current addresses. Changing an e-mail can be a problem since many of these correspondents would not change the address, which could cause mass confusion. Ms. Snyder also noted that through Triangle would not solve the issue with shared calendars, which are so vital. Our version of GroupWise is obsolete.

The Council also asked why Hosted Exchange is so expensive. Ms. Snyder has given the Council's figures on what it would cost to pay for LMC hardware and software to run our own Exchange server. Cost is around $ 13,000, without counting the cost of migrating from GroupWise to Exchange. By Hosted Exchange with Perimeter pay us once set up costs $ 1700 and $ 585/month. This would also include the current Outlook software for 55 users, all the upgrades and that the server area is not descending. Ms.Snyder recommends Hosted Exchange because of the safety and security it provides. A discussion followed. As an alternative, Mr. Gleason has been discussing the issue with the Montana Financing Facility Authority (MEFA). They were involved in the financing obligations of origin. Based on preliminary discussions, they could refinance the obligations on a 20 years to 5.67%. However, they would not be able to do until the refinancing of April 21, 2010 Date of payment obligations. We could still be subject to penalty of $ 5856.26 advance payment of old debt.The costs of mounting loan will be 1% of the balance of refinancing, or about $ 5,800. They could block the interest rate for April next in charge? Tax loans. The option of refinancing would reduce the annual outflow of over $ 25,000 a year after we made the 2010 payment in April. If interest rates fall by April, we were given the lower rate. If they increase, we would be locked in 5.67%. They are willing to work with us on the need for balance in investment as well. This effectively doubles the length of the loan balance.

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