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HomeMy WebLinkAboutC.054.93009_1177funds, for 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 in order to provide additional school facilities in the Iredell-Statesville School Administrative Unit ($18,000,000) and the Mooresville Graded School Administrative Unit ($4,180,000). 2. That taxes shall be levied in an amount sufficient to pay the principal of and the interest on said bonds. 3. That a sworn statement of the debt of said County has been filed with the Clerk to the Board of Commissioners for said County and is open to public inspection. 4. That this order shall take effect when approved by the voters of said County at a referendum as provided in said Act. The Board of Commissioners thereupon designated the Director of Finance and Administrative Services as the officer whose duty it shall be to make and file with the Clerk to the Board of Commissioners the sworn statement of debt of the County which is required by The Local Government Bond Act, as amended, to be filed after a bond order has been introduced and before the public hearing thereon. Thereupon the Director of Finance and Administrative Services filed with the Clerk to the Board of Commissioners, in the presence of the Board of Commissioners, the sworn statement of debt as so required. Thereupon the order entitled: "ORDER AUTHORIZING $22,180,000 SCHOOL BONDS" was passed on first reading. On motion duly made, seconded and carried by a four -one vote, the Board of Commissioners fixed 7:00 P.M., on March 5, 1996, in the Commissioners, Meeting Room at the Iredell County Government, as the hour, day, and place for the public hearing upon the foregoing order, and directed the Clerk to the Board of Commissioners to publish said order, together with the appended statement as required by The Local Government Bond Act, as amended, once in The Statesville Record & Landmark not later than the sixth day before said date. CONSIDERATION OF PROPOSED PORE OF QDEBTIOE TO BE USED EY THE BOARD OF BLECTION83 Commissioner Boone mentioned that a title or caption should be inserted at the top of the ballot to let the voters know the purpose of the ballot. MOTION by Chairman Haire to approve the bond ballot question; however, the following should be in bold lettering, if it is permitted and approved by bond counsel: "and authorising the levy of taxes in an amount sufficient to pay the principal of and the interest on said bonds, be approved?" VOTING: Ayes - 4; Nays - 1 (Madison) REQUEST FOR APPROVAL OP RELEABES i REPIIEDS FOR JANUARY, 1996: The tax assessor briefed the group on the referenced releases and refunds during the agenda briefing. Commissioner Boone asked to be excused from voting on the releases and refunds. MOTION by Chairman Haire to excuse Commissioner Boone on this matter. VOTING: Ayes - 4; Nays - 0