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HomeMy WebLinkAboutC.054.93009_1817the parents in the southern end were committed to education. She said these parents would have their own fund raisers. She mentioned Lake Norman Elementary parents had raised over $120,000. Patterson said she was at the commissioners' meeting to discuss the needs of children that do not have active PTOs. Mrs. Patterson said the school system was always `off the mark" in predicting growth. She said a K-8 complex in the southern end needed to be built now. Patterson said her calculations revealed there would be a crisis in three years due to the need for a new high school. (It needed to be built now.) She also mentioned that waiting on the bond money would take too long. Lastly, she mentioned that in order to get a referendum passed to build the new high school in the southern end it would have to be padded with other items to insure that voters county wide supported it. Patterson said that historically, large bonds have not passed and that the high visibility projects (Union Grove/Celeste Henkel/Cool Springs) had already been remedied. She said a school bond was probably not feasible because over one-half of the money would be for the high school. Patterson stressed that an alternate funding source needed to be obtained now. ADMINISTRATIVE MATTERS CONTINUATION OF DISCUSSION IN REFERENCE TO THE TOWN OF TROUTMAN'S REQUEST FOR WATER SEWER ASSISTANCE (Town Limits at Hwy. 21 & S. Eastway Dr. to Kerr's Branch South of Exit 42): Chairman Haire mentioned that this request was first discussed at the March 17 meeting. Since that time, she, the county manager, and Commissioner Johnson had been meeting with the Town officials. Commissioner Boone asked if the sewer line would be sized large enough for residential and other developments to tap on. Troutman Town Mayor Loren Powell said the forced main would be large enough for anyone to tie on. Boone then asked, "If someone was willing to put in a 100 -unit subdivision and was willing to put in a pump station, would the line be of sufficient capacity?" Powell said the eight -inch line would be sufficient. Commissioner Johnson said he understood the request was a loan of $250,000. The money would be repaid or forgiven as real estate development occurred. Johnson said his understanding was that the development that could be counted towards repayment of the loan would only be commercial or industrial. Mayor Powell said that commercial development was only fair - - residential development would not be applied to offset the loan. Commissioner Johnson asked what might be the fair settlement at the end of five years on the balance. Powell said he didn't feel there would be a balance; however, he felt the County might consider extending the term. Commissioner Johnson said he would like the term to remain at five years. MOTION by Chairman Haire to lend $250,000 to the Town of Troutman for the purpose of extending water and sewer services to the intersection of Highway 21 and Interstate 77 (Exit 42). The loan is to encourage economic development and will be payable in five years. The loan may be repaid by the increase in the tax base resulting from new commercial and industrial development in the service area and connected to the utilities. At the end of five years, any amount not repaid is due and payable. Interest charges will be at the same rate as the interest earned by the County on its investments for the period. Extension of the loan or modification of the terms will require action by the Iredell County Board of Commissioners and the Troutman Town Board. VOTING: Ayes - 5; Nays - O. REQUEST OF STATESVILLE CITY COUNCIL & AIRPORT COMMISSION FOR PARTICIPATION IN FUNDING THE PHASE I WATER LINE INSTALLATION PROJECT AT THE AIRPORT ($8,600): L..A.Parks, Chairman of the Airport Commission, said this project had previously been discussed for the 98-99 budget; however, marketing of the property has already started. He mentioned that Champion Air was pouring concrete for a new hangar and office. Commissioner Johnson said this project would make it possible to market hangars on the west side of the runway and the south end of the former north/south runway. Jim Vernon, the support services director, has reviewed the cost estimates and feels they are in order. MO"PION by Commissioner Johnson to enact Budget Amendment #38 in the amount of $8,600, to be taken from contingency, for the Phase 1 water line installation project. VOTING: Ayes - 5; Nays - 0.