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conclusive evidence of the authorization and approval thereof by the County.
Section 4. The form, terms and provisions of the Trust Agreement and the form and terms of the
Bonds contained therein are hereby approved in substantially the forms presented at this meeting, _
together with such changes not inconsistent with the general terms of said documents as the Chairman
or Vice Chairman of the Board of County Commissioners, with the advice of counsel, may deem
necessary and appropriate; and the execution and delivery of the Loan Agreement prusuant to Section
1 of this Resolution shallbe conclusive evidence of the approval of the Trust Agreement and the
Bonds by the County.
Section 5. The form, terms and provisons of the Reimbursement Agreement are hereby approved
and authorized in all respects, and the Chairman or the Vice Chairman and the Clerk or the Assistant
Clerk of the Board of County Commissionee advice of counsel, may deem necessary and appropriate;
and the execution and delivery of the Loan Agreement prusuant to Section 1 of this Resolution shall
be conclusive evidence of the approval of the Trust Agreement and the Bonds by the County.
Section 6. The County shall carry out such programs of operation as will assure continued
compliance by the county with the terms and conditions imposed upon it by the Loan Agreement, the
Contract of Purchase, the Letters of Representation, the Trust Agreement, and the Reimbursement
Agreement, and with the applicable provisions of the Health Care Facilities Finance Act, Chapter
131A of the Gneral Statutes of North Carolina, as amended.
Section 7. The form, terms and provisions of the Preliminary Official Statement are hereby
approved and authroized and an Official Statement relating to the Bonds (the "Official Statement')
in substantially the form of the Preliminary Official Statement presented to this meeting is hereby
approved and authorized in all respects. The use and distribution of the Preliminary Official
Statement in substantially the form of the Preliminary Official Statement presented to this meeting
together with such changes as the Chairman or the Vice Chairman of the Board of County
Commissioners, with the advice of counsel, may deem necessary and appropriate by The First Boston
Corporation in connection with the public offierino and sale of the Bonds are hereby approved and
the use and distribution of the Loan Agreement, the Trust Agreement, the Reimbursement Agreement and
the Official Statement by The First Boston Corporation in connection with the public offering and
sale of the Bonds are hereby approved.
Section 8. The County hereby approves the issuance of the Bonds consisting of Bonds in the
principal amounts, and the interest rates, prices, maturing, and subject to redemption as described
in the Official Statement, and the award of the Bonds to The Frist Boston Corporation pursuant to
the contract of Purchase.
Section 9. The Chairman, the Vice Chairman, the Clerk and the Assistant Clerk of the Board of
County Commissioners are hereby authroized, jointly and severally, to do any and all other things
necessary to effectuate the issuance, execution, delivery, and sale of the Bonds, including the
execution and delivery of any and all additional documents as may be necessary to effectuate any of
the foregoing, and such execution and delivery shall be conclusive evidence of the authorization and
approval thereof by the County.
Section 10. This Resolution shall take effect immediately upon its passage.
VOTING: Ayes - 3 (Sloan, Stewart, Haire)
Nays - 2 (Mitchell, Madison)
CONSENT AGENDA
MOTION from Commissioner Madison to approve the Consent Agenda.
VOTING: Ayes - 5; Nays - 0.
The following are the items listed on Consent: '
MINUTES OF THE May 7, 1991 MEETING: MOTION from Commissioner Madison to approve the minutes of
the captioned meeting.
VOTING: Ayes - 5; Nays - 0.
REVISIONS IN THE PERSONNEL POLICY FOR SICK LEAVE: MOTION from Commissioner Madison to approve
the revision in the Personnel Policy as follows:
The County Manager may grant up to ten days per year of sick leave
(after all vacation time has been exhausted) for employees to care
for a member of their immediate family during the time of a serious
illness. Approval by the Board of Commissioners will be reouired for
additional time granted for such leave.
Immediate family shall be defined as spouse, children, mother,
father or other family member living in the same household as the
employee.
VOTING: Ayes - 5; Nays - 0.
HEALTH DEPARTMENT - RECLASSIFICATIONS: MOTION from Commissioner Madison to approve the reclas-
sification of Nutrition Program Director I (Salary: 24,960 - 34,068) to Coordinator, Health Ser-
vices (Salary: 24,960-34,068).
VOTING: Ayes - 5; Nays - 0.
SEWER LINE EXTENSION FOR PETROPAR CORPORATION: MOTION from Commissioner Madison to approve the
sewer line extension for PetroPar Corporation at the Mooresville Business Park located on Mazeppa