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rate established in the County's 1984-85 budget.
s/Larry S. Hedrick
Chairman
s/Alice Fortner
Clerk
VOTING: Ayes - 5; Nays - 0.
BUDGET DELIBERATION ACTION: MOTION from Chairman Hedrick to fund in the 1985-86 budget the
following:
Water & Sewer Fund $400,000.00
Per Student/Current Expense 415.00
Tax Rate .41
VOTING: Ayes - 4 (Hedrick, Mills, Crosswhite, Stewart)
Nays - 1 (Murdock)
MOTION from Commissioner Crosswhite to reduce the 5% across-the-board salary increase to 4% and
use the $40,000 difference to fund one deputy position and equip with an automobile.
MOTION WITHDRAWN.
ADJOURN: MOTION from Commissioner Mills to adjcurn.
C er
APPROVED: August 20, 1985
IREDELL COUNTY BOARD OF COMMISSIONERS
MINUTES
JULY 2, 1985
The Iredell County Board of Commissioners met in Regular Session on Tuesday evening, July 2,
1985, 7:30 p.m., Agricultural Center Conference Rooms 1 and 2. Present for the meeting were:
Larry S. Hedrick, Chairman
William A. Mills, Vice Chairman
Jessie S, Crosswhite
Frances L. Murdock
Alice M. Stewart
Staff present: J. Wayne Deal, County Manager
William P. Pope, County Attorney
F. William Furches, Jr., Finance Officer
Lisa Beckham, Planner
Alice Fortner, Clerk to the Board
CALL TO ORDER: By Chairman Hedrick
INVOCATION: By Vice Chairman Mills
APPROVAL OF MINUTES: Minutes for the month of July (9 meetings) are to be presented for
approval at the next regular meeting.
PUBLIC HEARING: The Chairman stated that pursuant to Chapter 159C of the General Statues of
North Carolina and the regulations thereunder he had been advised that The Iredell County Industrial
Facilities and Pollutioncontrol Financing Authority (the "Authority") intended to file an
application with the Secretary of the Department of Commerce for approval of an industrial and
manufacturing project in Iredell County, North Carolina, consisting of the acquisition of an
approximate 10 acre site known as Lot No. 5, South Iredell Industrial Park, Mooresville, North
Carolina, the construction of an approximately 20,000 square foot building thereon and the
acquisition and installation of machinery and equipment therein, all for the manufacture and
assembly of heavy duty truck parts and accessories (the "Project") by Trans -Industries, Inc., a
North Carolina corporation (the "Company") and to be financed for the Company by the issuance of
approximately $700,000 aggregate principal amount of bonds of the Authority. Since such application
for approval cannot, under regulations of the Department of Commerce, be officially received until,
among other things, the Board has, by resolution after having held a public hearing, approved the
issue of bonds for the proposed Project and approves the Project in principle, the Authority has
recommended and requested that the Board pass such a resolution.