HomeMy WebLinkAboutC.054.93010_0386amount of $298,147. He said the fire department planned to purchase the truck through a lease
purchase agreement. The board of commissioners agreed to send a letter of endorsement to the
lending institution (United Financial of North Carolina, Inc., 58 Wilkie Way, Fletcher, NC 28732).
5. REQUEST FOR APPROVAL OF BUDGET AMENDMENT #39 REGARDING AN
APPROPRIATION FROM THE FUND BALANCE OF THE EMERGENCY TELEPHONE
SYSTEM FUND (911) IN ORDER TO REIMBURSE THE CITY OF STATESVILLE FOR
A VOICE RECORDER SYSTEM: (The Statesville Police Department has requested
reimbursement for the purchase of radio consoles and or computer aided dispatch software. The cost
for the equipment is $22,360.05, but deleting the sales taxes of $1.152.90 reduces the budget
amendment to $21,210 (rounded -off figure).
6. REQUEST FROM THE TOWN OF HARMONY FOR A TIME EXTENSION
REGARDING A $200,000 MATCH FOR A SEWER LINE GRANT: On May 13, 1999• the
board voted to reserve $200,000 in the general fund for the purpose of matching a $3 million grant
application for the Town of Harmony. The grant's purpose would be to provide sewer service to the
Town and to Harmony Elementary School. The board did, however, place a cap of two years on the
commitment (July 1, 1999 - June 30, 2001). Due to the time soon expiring, the 1"own of Harmony
has requested an extension. The board approved a one-year extension (J my 1, 2011 - June 30, 2002 J
7. REQUEST FOR ADOPTION OF A REIMBURSEMENT RESOLUTION
REGARDING THE FINANCIAL TRANSACTIONS FOR (1) THIRD CREEK
ELEMENTARY SCHOOL (2) PHASE I FOR THE SCHOOL ADMINISTRATIVE
BUILDING AND (3) THE LINED LANDFILL'S CELL # 3:
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RESOLUTION OF THE BOARD OF COMMISSIONERS FOR THE COUNTY OF IREDELL
LL.
NORTH CAROLINA DECLARING ON BEHALF OF SAID COUNTY THE INTENTION OF SAID
COUNTY TO REIMBURSE ITSELF FROM THE PROCEEDS OF ONE OR MORE 7'AX-EXEMPT
FINANCINGS FOR CERTAIN EXPENDITURES MADE ANDIOR TO HE MADE LV
CONNECTION WITH THE ACQUISITION, CONSTRUCTION ANDIOR EQUIPPING 0I'
OF CERTAIN CAPITAL IMPROVEMENTS
WHEREAS, the County of Iredell, North Carolina (the "Issuer') is a political subdivision
organized and existing under the laws of the State of North Carolina; crud
WHEREAS, the Issuer has paid, beginning no earlier than February 2, 2001 and wdl pi, v'.
on and after the date hereof, certain expenditures (the "Expenditures) in connection mth the
acquisition, construction and/or equipping of the construction of a new elementary .school, the
construction of a school administration building and the construction of it lined tamlfill cell
(collectively, the 'Project "), as more fully described in Exhibit A attached hereto; and
WHEREAS, the Board of Commissioners for the Issuer (the "Board') has determined thin
those moneys previously advanced no more than 60 days prior to the date hereofand to be advanced
on and after the date hereof to pay the Expenditures are available only for a tentporary period and
it is necessary to reimburse the Issuer for the Expenditures from the proceeds oj'one or more issues
of tax-exempt bonds (the "Bonds'),
NOW, THEREFORE BE IT RESOLVED by the Board of Commissioners for the County of
Iredell:
Section 1. The Board hereby declares the Issuer's intent to reimburse itsell'front the
proceeds of the Bonds for the Expenditures with respect to the Project made on and after Februar i
2, 2001, which date is no more than 60 days prior to the date hereof. The Issuer reasonably expects
on the date hereof that it will reimburse the Expenditures with the proceeds of the Bonds.