HomeMy WebLinkAboutC.054.93008_0857 (2)412
IREDELL COUNTY BOA2D OF COMHISSIONE2F
MINUTES
JUNE 24, 1985
The Iredell County Board of Commissioners met in Regular Adjourned Session on June 24, 1985,
7:30 p.m., County Annex Conference Room, Statesville, NC. Present for the meeting were:
Larry S. Hedrick, Chairman
William A. Mills, Vice Chairman
Jessie S. Crosswhite
Frances L. Murdock
Alice M. Stewart
Staff present: J. Wayne Deal, County Manager
William P. Pope, County Attorney
F. William Furches, Jr., Finance Officer
Rudy Davis and staff members, Recreation Dept.
Alice Fortner, Clerk to the Board
CALL TO ORDER: By Chairman Hedrick
LEGAL COUNSEL FOR INDUSTRIAL BONDS AUTHORITY: County Attorney William P. Pope introduced Mr.
Boyd Campbell of the Helms, Mulliss & Johnston law firm from Charlotte. Mr. Campbell discussed his
firm's activities as bond counsel in North Carolina.
Mr. Pope informed the board that the Iredell County Industrial Facilities & Pollutiom'Control
Financing Authority had recommended the Helms, Mulliss & Johnston firm as its North Carolina coun-
sel. The county commissioners had previously agreed to have one New York law firm, the Brown, Wood,
Ivey, Mitchell & Petty firm, as its New York counsel, and also to have one North Carolina firm ,to
represent the county in industrial revenue bonds. Mr. Pope advised the board that the industrial
bonds authority was recommending the Helms, Mulliss & Johnston firm to act as counsel in the issu-
ance of a $700,000 industrial revenue bond for Trans- Industries, Inc.
MOTION from Commissioner Crosswhite, second from Commissioner Mills, to adopt the following
resolution:
BE IT RESOLVED BY THE IREDELL COUNTY BOARD OF COMMISSIONERS
THAT THE LAW FIRM OF HELMS, MULLISS & JOHNSTON BE AND HEREBY
IS APPROVED AS BOND COUNSEL IN CONNECTION WITH THE FINANCING
OF AN INDUSTRIAL BOND PROJECT FOR THE COMPANY OF TRANS-
INOUSTRIES, INC., THROUGH THE IREDELL COUNTY INDUSTRIAL FACILITIES
AND POLLUTION CONTROL FINANCING AUTHORITY.
VOTING: Ayes - 5; Nays - 0.
MOORESVILLE CHAMBER OF COMMERCE - REQUEST FOR FUNDING FOR MATER AND SEWER LINE PROJECT: The
Mooresville Chamber members came before the board on June 17, 1985, regarding a request for funds
for the extension of water and sewer lines to the I-77 and N. C. 150 exchange. The county commis-
sioners asked them to return to a later meeting and give the board an estimate on the amount of
funds the developers could invest in the cost of the water and sewer line extension.
Mr. Bob Amon, president of the Mooresville Chamber of Commerce, addressed the board regarding
their request for the financing of the water and sewer line extension. His request of the board
was:
(1) The county consider retaining,,5kip.Green at a rote -of
$30 an hour, plus travel, with a maximum expenditure of
$3,500.
(2) Put in the 1985-86 budget the amount of $686,000 for funding
the aforementioned project. At a later date, if the $750,000
CDBG is approved, an equitable agreement in sharing the
cost with the developers and the county could be worked out.
Mr. Amon said he felt the maximum the Iredell County Board of Commissioners would have the
possibility of spending would be $350,000, and it could be considerably less. He projected that the
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