HomeMy WebLinkAboutC.054.93009_0251A(Jrl I - Im 234
4. That this order shall take effect when approved by the
voters of said County at a referendum as approved in said Act.
VOTING: Ayes - 4; Nays - 0.
ORDER AUTHORIZING $4,715,000 COMMUNITY COLLEGE BONDS
FIRST READING
MOTION from Commissioner Hamby, SECOND from Commissioner
Stewart to approve the following resolution:
WHEREAS, the Board of Trustees of Mitchell Community College
has requested the board of Commissioners for the County of Iredell
to call a referendum in the county of Iredell upon the question of
approving bonds for the purpose of providing funds for improving
the facilities of Mitchell Community College;
WHEREAS, said Board of Commissioners has carefully examined
the facts and has determined and does hereby find as a fact that it
has become the duty of said Board of Commissioners to order the
issuance of bonds of the County of Iredell so that the facilities
mentioned in said request 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 of Chapter 115DE of the General Statutes of
North Carolina and the Local Government bond Act, as amended, the
County of Iredell, North Carolina, is hereby authorizd 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 Community College Bonds in an aggregate
principal amount not exceeding $4,715,000 for the purpose of
providing funds, together with any other available funds, for
constructing, equipping and furnishing additional facilities and
renovating and remodeling existing facilities for Mitchell
Community College, including the acquisition of any necessary land.
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 effective when approved by the
voters of said County at a referendum as provided in The Local
Government Bond Act, as amended.
The Board of Commissioners thereupon designated the Director
of Finance and Administative Services as the officer whose duty it
shall be to mask and file with the Clerk to the Board of
Commissioners the sworn statement of debt of the countywhich is
required by The Local Government Bond Act, as amended, to be filed
after bond orders have been introduced and before the public
hearing thereon.
Thereupon the Director of Finance and Adminbistrative Services
filed with the Clerk to the Board of Commissioners, in the
prescence of the Board of Commissioners, the sworn statement of
debt as so required.
Thereupon the order entitled: "ORDER AUTHORIZING $36,285,000
SCHOOL BONDS" was passed on the first reading.
VOTING: Ayes - 4; Nays - 0.
MOTION TO PIE THE DATE OF AUGUST 26, 1993, AT 7:00 P.M.,
COUNTY COMMISSIONERS' MBBTING ROOM, IREDELL COUNTY GOVERNMENT
CETNBR, AS THE HOUR AND DAY AND PLACE FOR THE PUBLIC HEARING ON THE
is