HomeMy WebLinkAboutC.054.93011_1620 (2)would require the county spending out more money in a year's time than was brought back.
Johnson continued by saying the $63,000 in ten years would bring the county in excess of $1
million.
OTION by Commissioner Tice to approve the resolution as presented.
VOTING: Ayes — 5; Nays — 0.
AGREEMENT
This Inter -local Agreement entered into this the 24th day of July, 2007, by and between the
CITY OF STATESVILLE, a North Carolina municipal corporation situated in Iredell County
(hereinafter "the City'); and IREDELL COUNTY, a political subdivision of the State of North
Carolina (hereinafter the County);
WITNESSETH:
WHEREAS, the City owns and operates an airport in Iredell County, North Carolina known as
the Statesville Regional Airport (hereinafter "the Airport'); and
WHEREAS, the City is actively involved in recruiting aviation -related business and industry to
the airport; and
WHEREAS, the City recruited a business who wishes to locate a hangar on a parcel of land
adjoining an abandoned runway and adjacent to the Lowes corporate hangar; and
WHEREAS, the lessee has committed to a substantial increase in the tax base for the City of
Statesville and County of Iredell; and
WHEREAS, it is necessary to construct a public road from Lowes Aviation Drive to the site;
and
WHEREAS, it is customary for the City and County to partner on an equal basis for
improvements to both the airport and other developments that bring significant new tax base
to their jurisdictions.
NOW, THEREFORE, be it agreed by the City and the County that they share equally in the
construction, of the access road described above; the estimated cost of said road to be
$126,000.00 or $63, 000.00 per jurisdiction.
-------------------------------------------------CONSENT AGENDA ---------------------------------------
OTIO by Commissioner Tice to approve the following 17 consent agenda items.
VOTING: Ayes — 5; Nays — 0.
(All agenda items were described during briefing session.)
1. Request for Approval of a Resolution Declaring Iredell County's Intention to
Reimburse Itself from the Proceeds of a Tax -Exempt Financing for Certain Expenditures
to be made in Connection with the Design, Construction and/or Equipping of a New Solid
Waste Disposal Cell at the Iredell County Landfill: Deputy County Manager Blumenstein
said the county had received a permit to construct Phase IV of the landfill, and Municipal
Engineering would oversee the formal bid process. She said the bond counsel had reviewed a
reimbursement resolution in case the county had to pay out any upfront costs.
The resolution is as follows.
RESOL UTION OF THE IREDELL COUNTY BOARD OF COMMISSIONERS DECLARING IREDELL
COUNTY'S INTENTION TO REIMBURSE ITSELF FROM THE PROCEEDS OF A TAX-EXEMPT
FINANCING FOR CERTAIN EXPENDITURES TO BE MADE IN CONNECTION WITH THE DESIGN,
CONSTRUCTION AND/OR EQUIPPING OF A NEW SOLID WASTE DISPOSAL CELL AT THE
IREDELL CO UNTY LANDFILL
WHEREAS, Iredell County (the "Issuer" or the "County') will make expenditures on and after
the date hereof with respect to expenses incurred and to be incurred (the "Expenditures') in connection
with the desit r:, construction, and/or equipping of a new solid waste disposal cell at the Iredell County