HomeMy WebLinkAboutC.054.93008_0602 (2)157
WHEREAS, it has been proposed that Messrs. Bunton & Williams, Raleigh, North
Carolina, act as bond counsel in connection with the issuance by the Authority of
bonds for the benefit of Rubbermaid Applied Products, Inc.; and
WHEREAS, the Authority and the Board of Commissioners have reviewed the "Guide-
lines and Procedures for the Employment of Bond Counsel in Industrial Development
Financings under G. S. Chapter 159C" issued by the Local Government Commission and
examined the qualifications of Messrs. Hunton & Williams with respect to the criteria
set forth in the "Guidelines and Procedures;" and
WHEREAS, due to their experience as bond counsel, including having served as
bond counsel for the Authority's issuance of a $5,000,000 Industrial Development
Bond (J.P. Stevens & Co., Inc. Project), the Board of Commissioners desires Messrs.
Hunton & Williams to act as bond counsel for the issuance of such bonds by the
Authority;
NOW, THEREFORE, the Board of Commissioners of Iredell County, meeting in
Regular session at Statesville, North Carolina on November 1, 1983, do the following:
BE IT RESOLVED BY THE BOARD OF COMMISSIONERS FOR THE COUNTY OF IREDELL:
It is in the best interest of the Authority and Iredell County that Messrs.
Hunton &Williams serve as bond counsel and therefore, Messrs. Hunton & Williams
shall act as bond counsel in connection with bonds issued by the Authority for the
benefit of Rubbermaid Applied Products, Inc.
Commissioner Troutman moved the passage of the foregoing resolution and
Commissioner Murdock seconded the motion, and the resolution was passed by the
following vote:
Ayes: Commissioners Troutman, Murdock, Mills, Campbell, and Ostwalt.
Nays: None
Not Voting; None
I, Alice Fortner, Clerk to the Board of Commissioners for the Count y of Iredell,
North Carolina, DO HEREBY CERTIFY that the foregoing is.a true and complete copy of
a resolution adopted by the Board of Commissioners of Iredell Count y at a meeting
duly called and held November 1, 1983, and that the proceedings of such meeting
are recorded in Minute Book II of said Board.
Witness my hand and the common seal of Iredell County, this 1st day of November,
1983.
s/Alice Fortner
Clerk to the Board of Commissioners
SEAL