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HomeMy WebLinkAboutC.054.93011_1761 (2)will execute and deliver Certificates of Participation, evidencing proportionate and undivided interests in the installment payments to be made by the County under the Installment Financing Agreement, in an aggregate principal amount not exceeding $115, 000, 000for the purpose of financing the Project. NOTICE IS HEREBY FURTHER GIVEN that the Board of Commissioners will hold a public hearing in the Commissioners' Meeting Room at the Iredell County Government Center, 200 South Center Street, Statesville, North Carolina, on December 18, 2007, at 7:00 P.M, or an adjournment thereof, at which time any person may be heard regarding the proposed Installment Financing Agreement. COUNTY OF IREDELL, NORTH CAROLINA By: Jean C. Moore Clerk to the Board of Commissioners Section 3. This resolution shall take effect immediately upon its passage. Upon monon of Commissioner Steve Johnson the foregoing resolution entitled: "RESOLUTION CALLING A PUBLIC HEARING CONCERNING THE FINANCING OF CERTAIN SCHOOL FACILITIES PURSUANT TO AN INSTALLMENT FINANCING AGREEMENT" was passed by the following vote: Ayes: 5 (Commissioners Norman, Tice, Johnson, Robertson and Williams.) Nays: 0 Annual Election of the Chairman and Vice Chairman: County Manager Joel Mashburn presided while the election of the chairman occurred. Commissioner Williams nominated Commissioner Marvin Norman for the chair's position. OTIO by Commissioner Tice to close the nominations and to appoint Norman by acclamation. VOTING: Ayes — 5; Nays — 0. Commissioner Johnson nominated Commissioner Sara Haire Tice for the Vice Chairman's position. OTIO by Commissioner Robertson to close the nominations and to appoint Tice by acclamation. VOTING: Ayes — 5; Nays — 0. -------------------------------------------------CONSENT AGENDA ---------------------------------------- MOTIO by Commissioner Johnson to approve the following ten (10) consent agenda items. VOTING: Ayes — 5; Nays — 0. (All items were explained during the briefing session. 13