HomeMy WebLinkAboutC.054.93008_0571 (2)126
MOTION from Chairman Troutman to rescind the amendments to Section 87, adopted
by orior action during the meeting on October 3, 1983, and to repeal Section 105 of
the Iredell County Zoning ordinance, and to approve the first reading of the addition
of a new Section 87, entitled "Planned Residential Districts," and to renumber the
sections of the existing Iredell County Zoning Ordinance. Beginning with old Section
87, R-0 Residential -Office District, to be changed to Section 88, and to number all
existing sections after Section 88 (old section 87) sequentially to the end of the
existing ordinance. VOTING: Ayes - 4; Nays - 1 (Campbell)
CABLE TELEVISION ORDINANCE_ AMENDED: This .item was on the agenda for considera-
tion and action by the board, but at the request of Mr. Bill McMillan, attorney repre-
senting Summit Cable Television Company, the board delayed consideration and action
on this matter until the October 18th meeting.
EXTENSION OF LAKESIDE CABLE TELEVISION TERRITORY: Buck Wearn, representing Lake-
side Cable Television Company, came before the board to ask for an extension of his
comoanv's franchised territory in Mooresville. t
MOTION from Commissioner Campbell that the board allow Lakeside Cable Television
Companv to begin their construction on the oronosed cable installation and award the
franchise to Lakeside Cable Television. The map showing the territory involved in
the extension should become a nart of the minutes of this meeting.
VOTING: Ayes - 5; Nays - 0. (Note: Map on file in the Office of the Clerk
to the Board.)
FIREWORKS DISPLAY AT STATESVILLE AIRPORT: Mr. Phil Hazel, representing the
Statesville Airport, made a request of the board fo reermission for a fireworks dis-
play at the Statesville Airnort on October 14, 1983, 8:00 p.m. The name of the com-
panv displaying the fireworks is Southern International Fireworks, Inc. The insurance
agency is Hanover, Wilmington; the insurance is with Admiral Insurance Company.
MOTION from Commissioner Mills to approve the request for the fireworks display r
in concurrence with State Statutes. VOTING: Ayes - 5; Nays - 0.
IREDELL MEMORIAL HOSPITAL - REVENUE BONDS: Mr. Allen Knox, Mr. Terry Lynn
with Ernst and Winney, and others were present to discuss the term of the bond issue
with the board of commissioners. Wayne Deal, county manager, discussed the issue with
the board and asked Mr. Lynn to discuss the length of bond term with the board.
Mr. Lynn said in going with the 30 -year term bonds, there would be more flexibili-
ty of fiscal administration in repayment of the bonds. He said there was a difference
of $171,000 in the annual navment by usinq the 30 -year term, and Medicare repayment
for interest is much better on present value basis to go long term (30 years).
in conclusion, Mr. Lynn said the two key factors in his recommendation of a 30 -
year term are:
(1) Flexibilitv in fiscal administration
(2) Debt service charged in the first few years
Mr. Allen Knox was questioned about his opinion as to the term of bond. Mr. ,
Knox said he was in favor of the 30 -year term.