HomeMy WebLinkAboutC.054.93009_1176(a) Sara K. Haire, Chairman
IREDELL COUNTY BOARD OF COMMISSIONERS
INTRODUCTION OF BOND ORDER: MOTION by Commissioner Madison to
deny the introduction of the bond order authorizing $22,180,000 in
school bonds.
VOTING: Ayes - 1 (Madison); Nays - 4
MOTION by Commissioner Stewart to introduce the bond order
authorizing $22,180,000 in school bonds.
VOTING: Ayes - 4; Nays - 1 (Madison)
FILING OF SWORN STATEMENT OF DEBT: MOTION by Commissioner
Boone to designate Susan Blumenstein as the officer to file the
sworn statement of debt with the Clerk to the Board.
VOTING: Ayes - 4; Nays - 1 (Madison)
FIRST READING OF THE BOND ORDER: MOTION by Chairman Haire,
seconded by Commissioner Johnson, to approve the first reading of
the bond order authorizing $22,180,000 in bonds.
VOTING: Ayes - 4; Nays - 1 (Madison)
CALL FOR PUBLIC HEARING: MOTION by Commissioner Stewart,
seconded by Chairman Haire, to call for a public hearing on the
$22,180,000 bond order on Tuesday, March 5, 1996, 7:00 P.M.,
Commissioners, Meeting Room, Iredell County Government Center.
VOTING: Ayes - 4; Nays - 1 (Madison)
ORDRR AUTHORISING $22,180,000
SCHOOL BONDS
WHEREAS, the Iredell-Statesville Board of Education and the
Mooresville Board of Education have petitioned the Board of
Commissioners for the County of Iredell, North Carolina to provide
additional school facilities in the Iredell-Statesville School
Administrative Unit and the Mooresville Graded School
Administrative Unit by erecting additional school buildings and
other school facilities, remodeling, enlarging and reconstructing
existing school buildings and other school facilities and acquiring
necessary land and equipment therefor, the estimated aggregate cost
of which is at least $18,000,000 for the Iredell-Statesville School
Administrative Unit and $4,180,000 for the Mooresville Graded
School Administrative Unit;
WHEREAS, said petitions request said Board of Commissioners to
provide the funds required for such school facilities; and
WHEREAS, said Board of Commissioners, acting as an
administrative agent of the State in providing a State system of
public schools, has determined to order the issuance of bonds of
the County of Iredell so that the school facilities mentioned in
said petitions and in paragraph 1 of this order may be provided;
now, therefore,
BE IT ORDERED by the Board of Commissioners for the County of
Iredell:
1. That, pursuant to The Local Government Bond Act, as
amended, the County of Iredell, North Carolina, is hereby
authorized to contract a debt, in addition to any and all other
debt which said County may now or hereafter have power or authority
to contract, and in evidence thereof to issue School Bonds in an
aggregate principal amount not exceeding $22,180,000 for the
purpose of providing funds, together with any other available
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