HomeMy WebLinkAboutC.054.93008_2142VAN RESOLUTION OF THE IREDELL COUNTY BOARD OF COMMISSIONERS DECLARING ITS INTENTION TO REIMBURSE
ITSELF FROM THE PROCEEDS OF A FINANCING FOR CERTAIN EXPENDITURES TO BE MADE IN CONNECTION WITH THE
ACQUISITION F FACILITIES: OEAST N IREDELL MIDDLENSCHOOL. BRAWLEY MIDDLE TION AND/OR QSCHOOLG STATESVIL UIPPINOF THE FOLLOWING
LMIDDLE PUBLIC SCHOOL
WEST
MIDDLE SCHOOL, AND ALL OTHER SCHOOL PROJECTS AS APPROVED BY THE BOARD OF COMMISSIONERS.
WHEREAS, Iredell County will make expenditures on and after the date hereof with respect to
expenses incurred and tobe incurred (the "Expenditures")
in connection
n ec ion with
i thol,a and lacquisition
ther of
of
land, construction, renovation, and/or equipping
of East projects as approved by the Board of Commissioners (the "Projects"), and
WHEREAS, the Iredell County Board of Commissioners of the Issuer (the "Board") has determined
that the funds advanced from the General Fund and to be advanced to pay Expenditures are or will be
available for a temporary period and it is necessary to reimburse the Issuer for Expenditures made
on and after the date hereof with respect to the Projects from the proceeds of one or more County
financings under Section 160A-20 of the General Statutes.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD AS FOLLOWS:
Section 1. The Board hereby adopts this declaration of official intent under Treasury Regula-
tion Section 1.103-18(c)(2)(i) and declares its intent to reimburse the Issuer with the proceeds of
a financing for Expenditures made on and after the date hereof with respect to the Projects.
Section 2. The maximum principal amount of debt expected to be issued for the expenditures of
the Projects is Fourteen Million ($14,000,000.00) Dollars.
ka Section 3. This resolution shall take effective immediately upon its passage.
VOTING: Ayes - 4; Nays - 0.
APPROVAL OF FEES FOR DISPOSAL OF WHITE GOODS FOR RECYCLING AT LANDFILL: There is no fee at the
present time for the disposal of white goods, which require additional handling. These white goods
are not a result of daily household activityand does not fall under the annual fee charge for
landfill use. Freon has to be extracted from the units. Approximately one-fourth of the units
received at the landfill have freon. Cities will be charged the same fee as county residents. Six
his
Sdollars tewart ner
per
raunit ($t he )disposal fee ofis the e$600 pended r unit fornt for tdisposaloofiwhite goods at the ION from oi landfill.
VOTING: Ayes - 5; Nays - 0.
APPROVAL OF THE MOORESVILLE BRANCH OF THE BANK OF IREDELL AS A DEPOSITORY FOR MOORESVILLE
COUNTY OFFICE: MOTION from Commissioner Stewart to approve the Bank of Iredell, Mooresville Branch,
as a depository for the Mooresville County Offices.
VOTING: Ayes - 4; Nays - 0.
This concludes the Consent Agenda.
ANNOUNCEMENT OF VACANCIES ON BOARDS AND COMMISSIONS
REGION F AGING ADVISORY BOARD: Mrs. Julia Hall has advised the board
she would prefer not to serve another term on this board. This will be on the July 21st agenda for
appointment
TRAVEL AND TOURISM BOARD: County Commissioner Alice Stewart has resigned from the Travel and
Tourism Board. No set term of office is named for this board. Commissioner Stewart has a conflict
on the date of the meeting.
APPOINTMENTS TO BOARDS AND COMMISSIONS
COMMUNITY CHILD PROTECTION TEAM: NOMINATION from Commissioner Mitchell to appoint Reverend
William W. "Bill" Blanton, 529 Colony Court, Statesville, NC, to replace The Reverend Earl Cook,
who has moved away from Iredell County. There is no designated term of office for this office.
MOTION from Commissioner Madison to close the nominations and appoint Reverend Blanton by
acclamation.
VOTING: Ayes - 4; Nays - 0.
HOME CONSORTIUM: Commissioner Mitchell nominated Commissioner Madison and Commissioner Stewart
to this consortium.
VOTING: Ayes - 2; Nays - 0.
Abstaining:
CommissionerMadison requested the record to reflect that he was voting for Commissioner
Stewart in this position. Commissioner Stewart stated she was voting for Commissioner Madison.