1978 - 09-05-78 Regular Meeting - Laserfiche WebLink

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WHEREAS, payment of the Bonds is to be guaranteed by Litton Industries, Inc. ; and WHEREAS, the Board has heretofore approved the Project in principle; and WHEREAS, the Act provides that no bonds shall be issued thereunder unless the issuance thereof shall have been approved by the governing body of the County and the Board desires to approve the issuance of the Bonds by the Authority; and WHEREAS, the Board has considered the Bond Purchase Contract presented to it setting forth the terms of the revenue bond financing; NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of the County of Lee, as follows: (1) The issuance of the Bonds by the Authority is hereby approved. (2) The Clerk of the Board of Commissioners is hereby authorized and directed to provide certified copies of this resolution to the Local Government Commission and the Department of Commerce of North Carolina. (3) This resolution shall take effect immediately upon its passage. Commissioner Franklin D. Wicker-moved the passage of the foregoing resolution and Commissioner Clyde J. Rhyne seconded the motion, and the resolution was passed by the following vote: AYES: NAYS: William H. Cooper None Clyde J. Rhyne Franklin D. Wicker Gordon A. Wicker Commissioner Gordon A. Wicker gave a report on the activities of the Annual Meeting of the North Carolina Association of County Commissioners. Mr. Wicker reported that Mrs. Beatrice Fields had been elected President of the Finance Officers Association. Miss Mary Scott Gurley, Librarian, appeared before the Board and reported that the new Library building had been completed and was ready for occupancy and there remained only a few minor items to be completed. She further advised the Board that Mr. Hugh Brewer was present at the meeting between the Architect.and Contractor. Miss Gurley stated that the Architect had advised and recommended that the building be accepted subject to the minor items and that the date of such acceptance should be established. Commissioner Clyde J. Rhyne moved that the County accept the building as of Tuesday, September 5th, 1978, subject to receipt of approval by the Architect, in writing, confirming that the building had been built in conformity with the contract and specifications. Commissioner Gordon A. Wicker seconded the motion and upon a vote it was unanimously adopted. Representatives of the Sanitary Landfill appeared before the Board and presented for consideration, specifications fora compactor to be used at the Landfill site. Commissioner Franklin D. Wicker moved that the specifications be approved and that authorization be given for the advertisement of bids for the