HomeMy WebLinkAboutC.054.93009_0207190
WJ � 1993.
I will reiterate that.
Just to sum it up, I am supporting democracy. I am supporting
giving people the right to vote. i've always been in favor of that
and I'm still in favor of it.
Commissioner Stewart: Madam Chairman, I would like to clarify
a part of Mr. Madison's statthisetime that was sitting threement also. I believehyears,
only
commissioner sitting two years ago, and I precisely voted against
ago, four years ago.
the merger plan because it did not include a voter referendum an
I would like to clarify that.
I also believe in giving people a choice and lt waytyou
can do that is to take them to polls. My Y hope is
will turn out and voice their opinion.
Commissioner Hamby asked for a clarification in the
resolution.the board on
The following is the formal resolution adopted by
a motion from Commissioner Hamby:
RESOLUTION CONCERNING BONDISSUE
ISSUE FOR PUBLIC SCHOOLS AND
MITCHELL COMMUNITY
WHEREAS, the Iredell-Statesville Schools and the Mooresville
Graded School District (the "Boards of Education") and Mitchell
Community college
the Iredell cou"Board 0nty B ard"of adopted (the
thatrequesting
"Board") proceed to take all legal steps required for the issuance
and sale of general obligation bonds in the amount of Thirty-six
Million Two Hundred Eighty-five Thousand Dollars ($36,285,000) to
fund certain public school facility construction and renovation
projects and Four Million Seven Hundred Fifteen Thousand Dollars
($4,715,000) to fund certain community college construction and
renovation projects;
schoolsDand Ecommunity college i needs of the public
n Iredell county;considered the
AND WHEREAS, it is the opinion of the Board that the voters of
Iredell County should consider these
es000)eds in the total amount of
Forty -One Million Dollars ($41,
AND WHEREAS, the Board has made the following factual findings
in regard to this matter;
1 pescrt of rhe undertakino: The undertaking for which
the bonds are proposed is to provide funds for erecting additional
school buildingseconstru tingechool existingant schoolibuildingseandeother
school
necessary land and
school plant facilities and acquiring any
equipment.
2. Eacts
ron +dins necess+ty of proposed RKgieQtp. The
al
proposed projects are necess fa it ties, ause o and overcrowding, the nquacyicof
deterioration of existing
existing facilities to meet the needs of continued quality
education.
3. Facts
nnc,rt+na the amount of bonds ronosed The amount
of bonds proposed is adequate for the proposed purpothe1Boards of
asmuch as
the preliminary cost information prepared by
Education and the Board of Trustees have estimated that the
proposed bonds would provide funds to allow measures to be taken to
address some of the problems surrounding the existing facilities.
past debt manaaem�nt policies. Iredell County has in the
4,
�n an amount sufficient to retire
past always appropriated funds
all principal and interest on indebtedness during each fiscal year
in accordance North
debt arolina law. obligations.
ll County is not in
service obligati ns