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4058
MOTION from Commissioner Mills to adjust the agenda to hear
the hospital bond matter. VOTING: Ayes - 5; Noes - 0.
IREDELL MEMORIAL HOSPITAL AND LOWRANCE HOSPITAL - BONDS:
Robert N. Randall, County Attorney, addressed the Board regarding
the captioned matter. Mr. Randall said the reason this matter is
on the agenda is that there was a time table for an election
which would be held on November 7. He said that steps taken now
by the county commissioners do not in any way obligate the
Board to pursue the bond referendum if the Board chooses not
to do so. Mr. Randall said a formal application, which is not
binding on the County, must be filed with the Local Government
Commission before the next meeting of the county commissioners,
which is on August 17th.
Mr. Randall advised the Board to authorize the county manager
as the Board's representative to complete, execute and file this
application for approval of issuance of the general obligation
bonds.
MOTION from Commissioner Ostwalt to:
1.) Authorize publication of the Intent to Apply.
2.) Authorize the County Manager to employ bond counsel,
Brown, Wood, Ivey, Mitchell & Petty, of New York.
The County Manager's notification in writing to the
bond counsel to be deferred until the latter part
of the month, at the request of the Board.
3.) Authorize the County Manager to complete, execute
and file prior to August 17th meeting the application
for approval of issuance of the general obligation
bonds.
VOTING Ayes - 5; Noes - 0.
on 25 fw91.6