Laserfiche WebLink
BK:00028 PG -0229 <br />The Board of Commissioners for the County of Lee, North Carolina met in a regular <br />CW 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 5:00 p.m. on May 2, 2016. <br />Present: Chair Amy M. Dalr rMple, presiding, and Commissioners Ricky D. Frazier Dr. <br />Andre Knecht, Larry C. "Doc" Oldham, Robert T. Reives, Timothy S. Sloan and Kirk D. Smith <br />Absent: N/A <br />Also present: County Manager John A. Crumpton and Clerk to the Board Gaynell M. <br />Lee <br />Finance Director Lisa Minter introduced the following resolution the title of which <br />was read and a copy of which had been previously distributed to each Commissioner: <br />RESOLUTION PROVIDING FOR THE SALE AND ISSUANCE OF A <br />$5,000,000 GENERAL OBLIGATION COMMUNITY COLLEGE BOND <br />ANTICIPATION NOTE, SERIES 2016 <br />BE IT RESOLVED by the Board of Commissioners (the "Board") for the County of Lee, <br />North Carolina (the "County"): <br />Section 1. The Board has determined and does hereby find and declare as follows: <br />(a) An order authorizing $9,000,000 Community College Bonds (Health Science) (the <br />"Health Science Bonds") of the County was adopted by the Board for the County on July 21, <br />2014, which order was approved by the vote of a majority of the qualified voters of the County <br />who voted thereon at a referendum duly called and held on November 4, 2014. <br />(b) An order authorizing $5,000,000 Community College Bonds (Veterinary Technology) <br />(the "Veterinary Technology Bonds") of the County was adopted by the Board for the County on <br />July 21, 2014, which order was approved by the vote of a majority of the qualified voters of the <br />County who voted thereon at a referendum duly called and held on November 4, 2014. <br />(c) An order authorizing $4,000,000 Community College Bonds (Emergency Services) <br />(the "Emergency Services Bonds") of the County was adopted by the Board for the County on <br />July 21, 2014, which order was approved by the vote of a majority of the qualified voters of the <br />County who voted thereon at a referendum duly called and held on November 4, 2014. <br />