HomeMy WebLinkAboutC.054.93008_2074 (2)D ',7
"AN ORDER AUTHORIZING THE CONSTRUCTION AND EQUIPPING OF CERTAIN IMPROVEMENTS TO THE SOLID WASTE
SYSTEM OF IREDELL COUNTY, NORTH CAROLINA; AUTHORIZING THE ISSUANCE, UNDER THE PROVISIONS OF THE
NORTH CAROLINA SOLID WASTE MANAGEMENT LOAN PROGRAM, OF SPECIAL OBLIGATION BONDS (SOLID WASTE SYSTEM
PROJECT) OF THE COUNTY, PAYABLE SOLELY FROM CERTAIN REVENUES, RESERVES AND OTHER MONEYS, TO PROVIDE
FUNDS, WITH ANY OTHER AVAILABLE FUNDS, FOR PAYING THE COST OF SUCH IMPROVEMENTS; PROVIDING FOR THE
ISSUANCE OF ADDITIONAL SPECIAL OBLIGATION BONDS (SOLID WASTE SYSTEM PROJECT) FOR PAYING THE COST OF
ADDITIONAL IMPROVEMENTS TO THE SOLID WASTE SYSTEM, COMPLETING THE IMPROVEMENTS OR ANY ADDITIONAL
IMPROVEMENTS AND REFUNDING SPECIAL OBLIGATION BONDS (SOLID WASTE SYSTEM PROJECT) OF THE COUNTY;
PROVIDING FOR THE INCURRENCE OR ASSUMPTION OF CERTAIN OTHER INDEBTEDNESS; PROVIDING THAT NEITHER THE
FAITH AND CREDIT NOR TAXING POWER OF THE COUNTY IS PLEDGED TO THE PAYMENT OF SUCH BONDS OR INDEBTED-
NESS: PROVIDING FOR THE COLLECTION OF RATES, FEES AND CHARGES FOR THE USE OF OR FOR THE SERVICES
FURNISHED BY THE SOLID WASTE SYSTEM AND FOR THE CREATION OF CERTAIN SPECIAL FUNDS AND ACCOUNTS;
MAKING AVAILABLE FOR THE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON SUCH BONDS AND SUCH OTHER
INDEBTEDNESS CERTAIN REVENUES OF THE SOLID WASTE SYSTEM AND OTHER REVENUES AND CERTAIN RESERVES AND
OTHER MONEYS OF THE COUNTY; AND SETTING FORTH THE RIGHTS AND REMEDIES OF THE OWNERS OF SUCH BONDS."
Following the consideration of the above-mentioned order by the Board of Commissioners, Commis-
sioner Frank Mitchell moved the adoption of such order, which motion was seconded by Commissioner
Doug Madison, and such order was adopted by the following vote:
Ayes: Mitchell, Madison, Sloan, Haire, Stewart
Noes: None
Commissioner Sloan then introduced the following resolution, a copy of which had been made
available to each Commissioner and the title of which was read:
SERIES RESOLUTION OF THE BOARD OF COMMISSIONERS FOR THE COUNTY OF IREDELL PROVIDING FOR THE ISSUANCE
04 AND SALE OF $6,465,000 SPECIAL OBLIGATION BONDS (SOLID WASTE SYSTEM PROJECT), SERIES 1992 OF SAID
COUNTY PURSUANT TO THE PROVISIONS OF THE BOND ORDER AUTHORIZING AND SECURING SAID BONDS ADOPTED BY
SAID BOARD ON APRIL 15, 1992.
Following the consideration of the above-mentioned resolution by the Board of Commissioners,
Commissioner Sara K. Haire moved passage of such resolution, which motion was seconded by
Commissioner Doug Madison, and such resolution was passed by the following vote:
Ayes: Haire, Madison, Sloan, Mitchell, Stewart
Noes: None
ANNOUNCEMENT OF APPOINTMENT OF LIBRARIAN: Mr. Joel Mashburn announced the appointment of Judy
Clayton as Librarian, replacing Flint Norwood, who recently retired from this position.
SUSAN GOODMAN, FINANCE DIRECTOR, COMMENDED: Mr. William P. Pope, County Attorney, commended
Ms. Susan Goodman for the very fine job she has done in preparing and working with the documents for
the Special Obligation Bond financing.
ADJOURN: MOTION from Commissioner Mitchell to adjourn at 7:30 p.m. Next meeting: Tuesday,
April 21, 1992, 4:00 p.m., County Commissioners' Meeting Room, Statesville, NC.
�eer to the oard
APPROVED: J S
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