2022-04-28 Agenda Review
NEW HANOVER COUNTY BOARD OF COMMISSIONERS BOOK 35
AGENDA REVIEW MEETING, APRIL 28, 2022 PAGE 418
ASSEMBLY
The New Hanover County Board of Commissioners met for Agenda Review on Thursday, April 28, 2022 at
4:00 p.m. via in-person and remote in the Harrell Conference Room at the New Hanover County Government Center,
230 Government Center Drive, Wilmington, North Carolina.
Members present: Chair Julia Olson-Boseman; Vice-Chair Deb Hays; Commissioner Jonathan Barfield, Jr.
(remote); Commissioner Bill Rivenbark; and Commissioner Rob Zapple.
Staff present: County Manager Chris Coudriet; Deputy County Attorney Kemp Burpeau; and Clerk to the
Board Kymberleigh G. Crowell.
Chair Olson-Boseman called the Agenda Review meeting to order and announced that the purpose of the
meeting is to review and discuss the agenda items for the May 2, 2022 Regular Meeting with discussions as noted:
Regular Agenda Item #8: Rezoning Request (Z22-03) – Request by David Lucht, Applicant, on Behalf of
Walu, LLC, property owner, to rezone approximately 1.84 acres of land located at 6205 Blossom Street from R-15,
Residential District, to CB, Community Business District and R-10, Residential District. In response to Board
questions, Planning and Land Use Director Rebekah Roth stated that staff will report back to the Board on what will
happen with the billboard on the subject site.
Regular Agenda Item #10: Rezoning Request (Z22-08) - Request by Cindee Wolf, Applicant, on Behalf of
New Beginning Christian Church, Inc., Property Owner, to Rezone Approximately 9.60 Acres of Land Located
Within the 3100 Block of Blue Clay Road from R-20, Residential District, and (CZD) R-10, Conditional Residential
District, to (CZD) R-5, Conditional Residential District for a 68-Unit Attached Housing Development. In response to
Board questions, Ms. Roth and Current Planner Julian Griffee stated they will make the applicant aware of the need
to address questions about the homeless living on the site.
STAFF UPDATE
Update on Lease Account Standard, Governmental Accounting Standards Board (GASB) 87. Chief Financial
Officer Lisa Wurtzbacher provided the following update:
GASB Statement No. 87 – Leases:
Lease: Conveys control of right to use an asset
New Requirement: recognition of lease assets and liabilities for certain leases
Examples of leases excluded from requirement: short-term leases, transfers ownership at the end
of contract, service contracts, and non-exchange transactions
Lessee:
Three changes to budget process for a new lease:
Expenditures: capital outlay and debt service
Other Financing Source: lease liabilities issued
Change to Existing leases as of June 30, 2021: debt service expenditure
Ms. Wurtzbacher stated that the purpose of providing this information is that staff will have to bring
forward budget amendments for Board consideration for new and existing leases. The budget amendments will not
be asking for additional expenses as the expenses have already been recorded. Since the County’s budget is adopted
by function, Board approval will be needed to move expenses for existing leases from one function to another. For
new leases that will come forward next year, staff will have to record the full expense of the capital item being
purchased as the asset is going to have a value. Staff must also record the asset as an expense even though the
County is paying that annual payment. Again, this will not require additional expenses on the County’s part but will
be accounted for differently as an “other financing source.” It will be recorded in that manner every year and those
payments will be recorded as a debt service. The leases will not act more like a debt than previously managed. In
response to questions, Ms. Wurtzbacher stated that this change is not an option. It must be followed in accordance
with GASB.
Chair Olson-Boseman thanked Ms. Wurtzbacher for the update.
ADJOURNMENT
There being no further business, Chair Olson-Boseman adjourned the meeting at 4:09 p.m.
Respectfully submitted,
Kymberleigh G. Crowell
Clerk to the Board
Please note that the above minutes are not a verbatim of the New Hanover County Board of Commissioners meeting.