Laserfiche WebLink
BK:00027 PG -0982 <br />The Board of Commissioners for the County of Lee, North Carolina met in a regular <br />meeting in the Commissioners' Room at the Lee County Government Center, 106 Hillcrest Drive <br />in Sanford, North Carolina, the regular place of meeting, at 3:00 p.m. on December 7, 2015. <br />Present: Chair Amy M. Dalr nMple, presiding, and Commissioners Dr. Ricky D. Frazier, <br />Dr. Andre Knecht, Larry "Doc" Oldham, Robert T. Reives, Timothy S. Sloan, and Kirk D. <br />Absent: N/A <br />Also present: County Manager John Crumpton, Assistant County Manager/Finance <br />Director Lisa Minter, and Clerk to the Board Gaynell Lee <br />Assistant County Manager/Finance Director Lisa Minter introduced the following <br />resolution the title of which was read and a copy of which had been distributed to each <br />Commissioner: <br />RESOLUTION ACCEPTING THE PROPOSAL OF THE WINNING <br />BIDDER IN CONNECTION WITH THE REFINANCING OF CERTAIN <br />OUTSTANDING INSTALLMENT FINANCING OBLIGATIONS OF THE <br />COUNTY PURSUANT TO AN INSTALLMENT FINANCING <br />CONTRACT <br />WHEREAS, the County of Lee, North Carolina (the "County") intends to enter into an <br />installment financing contract pursuant to Section 160A-20 of the General Statutes of North <br />Carolina for the purpose refinancing all or a portion the County's installment financing <br />obligations relating to the Certificates of Participation (Public Facilities Projects), Series 2006, <br />dated December 20, 2006 (the "Series 2006 Certificates"), the proceeds of which were used to <br />pay the costs of (a) constructing and equipping a new public middle school facility and a new <br />multi-purpose room for the Floyd L. Knight School, (b) jonstructing and equipping a new parks <br />