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"The governor wants all of the commissioners to agree on something," Collins said. "I agree with the governor that, if there is a solution out there, we all ought to be together. All five people."
Without that plan's moving forward, the county's latest and perhaps last forbearance granted by creditors expires Aug. 29.
Collins said the meeting with Riley in her office Thursday was productive.
She said the governor's office called Wednesday and asked for a meeting.
That rescue plan developed by Citigroup Global Markets Inc. Adidas Basketball Shoes 2013
Collins, Smoot and Bowman were supporting a plan to repay the debt including issuing $4.9 billion in new, fixed rate bonds to refinance the county's overall $4.7 billion debt, about $3 billion of which carries variable interest rates that have skyrocketed this year.
aims to unite Jefferson County Commission
a rate of $50,000 an hour.
Bob Riley met privately in Birmingham Thursday with Jefferson County Commission President Bettye Fine Collins in an effort to get the divided commission to come together and deal with the county's $3.2 billion Adidas Climacool Ride Shoes Price
"I think there's a recognition by all the members of the County Commission that I've talked to so far that the commission really does need to come together to formulate a comprehensive plan that they can all get behind," Riley said. history.
Asked what a possible resolution of the problem might look like, Riley said, "It's ultimately going to be up to the commissioners. It's not my place to go out to bargain for them or instead of them."
"At this point, I'm doing all that I can to get the commission to come back together and begin to speak with one voice," Riley said in an interview.
The governor said he spoke with Commissioner Jim Carns earlier this week, and plans to talk today in Montgomery with Commissioner Shelia Smoot. He intends to talk with Commissioners Bobby Humphryes and George Bowman "as soon as I can."
After that, the county will face sharply increased interest, penalties and principal payments on its sewer debt. According to a June analysis by the county's former financial adviser, Porter White Co., those costs could pile up at Adidas Boost On Feet
Riley is attempting to meet with each of the five county commissioners as several crucial deadlines loom including one next week, when the county's forbearance agreement with Wall Street banks and creditors is set to expire.
The proposal, which the county's creditors endorsed, brought a firestorm of criticism from the public and other elected officials and is now considered dead.
"I let him know that I'm open to options or plans that will resolve this and we can all put our
and Birmingham lawyer Bill Slaughter would require legislative and voter approval. It included an expansion Men's Adidas D Rose 773 Iii of the occupational tax and the threat of automatic property and sales tax increases if sewer system revenues failed to cover debt payments.
arms around," Collins said. "He's been open to whatever he can do, short of a special session (of the Legislature), which obviously has no support."
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