2010 - 04-22-2010 Regular Meeting

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POOK 23 1A~ i22 Section 160A-20(g) of the General Statutes of North Carolina requires that the County hold a public hearing prior to entering into the Agreement. Section 153A-158.1 of the General Statutes of North Carolina requires that the County hold a public hearing on the proposed acquisition of the site of the Project by the County to be used for school purposes. The Chairman acknowledged that a public hearing was held by the Board of Commissioners on April 5, 2010 in connection with the proposed Agreement and the proposed acquisition of the site of the Project by the County. Since such date, the Board of Commissioners has determined that the cost of the Project will exceed the cost originally estimated and the Board has determined that that it is necessary to increase the authorized aggregate principal amount of the Agreement from not to exceed $20,000,000 to not to exceed $23,000,000. The Chairman acknowledged due publication of the notice of public hearing in a newspaper with a general circulation in said County and directed the Clerk to the Board of Commissioners to attach the affidavit showing publication in said newspaper on a date at least ten (10) days prior to the date hereof as Exhibit A. The Chairman then announced that the Board of Commissioners would immediately hear anyone who might wish to be heard on the proposed Agreement or the proposed acquisition of the site of the Project by the County as described above. A list of all persons making comments and a summary of such comments are attached as Exhibit B. The public hearing was closed. All statements and comments by participants of the public hearing were duly considered by the Board of Commissioners. 2