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1960 - 07-27-60 Special Meeting
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1960 - 07-27-60 Special Meeting
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Minutes
Committee
Board of Commissioners
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• <br /> • <br /> Section 2. In order to raise the money required to finance <br /> the erection and equipment ,of said addition to such hospital, bonds of the <br /> County of Lee are hereby authorized and shall be issued pursuant to the <br /> County Finance Act of North Carolina. The maximum aggregate principal <br /> amount of said bonds authorized by this bond order shall be Six Hundred <br /> Thousand Dollars ($600, 000), <br /> Section 3. A tax'sufficient to pay the principal of and interest <br /> on said bonds when due shall be annually levied and collected. • <br /> 'Section 4. A statement of th'e County debt of the County of <br /> Lee has been filed with the Clerk of the Board of Commissioners of <br /> • • said,County and is open to public inspection. <br /> Section 5. This bond order shall take effect when approved by • <br /> the voters of the County at an election as provided in said Act. " <br /> • <br /> Commissioner Measamer moved that the following resolution <br /> be adopted: . . <br /> WHEREAS, a bond order entitled "Bond Order Authorizing the • <br /> issuance of $600, 000' Public Hospital Bonds of the County of Lee" has been ' <br /> introduced at the meeting of the Board of'Commissioners held on <br /> • July 27, 1960,. and the Board of Cbminissioners desires to provide for <br /> the holding of a'public hearing thereon as required.by the-County Finance <br /> Act: NOW, THEREFORE, <br /> BE IT RESOLVED bythe Board of,•Commissione'rs of the County <br /> of Lee 'as follows: • - <br /> (1) The public hearing upon,said bond order shall be <br /> held on <br /> seer fir /n ; 1960, -at - ' o'clock, in the aticaradad <br /> at the regular meeting room 'of the Board of Commissioners at the <br /> Court House in Sanford, North Carolina. <br /> (2) The Clerk of the Board of Commissioners is hereby <br /> directed to cause a copy`of said bond order to be published with a notice <br /> of such hearing in the form prescribed by law, -in the Sanford Herald, a <br /> newspaper published at Sanford, in the County of Lee, at least ten days <br /> prior to such hearing. <br /> • <br /> (3) The County Accountant is hereby requested to file' with'the <br /> Clerk of the Board of Commissioners; at least ten days prior to such <br /> hearing, a statement of the debt incurred or to be incurred by-the County <br /> for purposes other than school purposes, in the form prescribed by the <br /> County Finance Act. <br /> The motion having been seconded by Commissioner Groce, it was <br /> unanimously adopted. - <br /> Commissioner Measamer moved that the following resolution be <br /> adopted: , - <br /> { <br /> WHEREAS, the County of Lee intends to apply to the Local <br /> Government Commission of North Carolina for approval of the issuance <br /> of the $600, 000 Public Hospital Bonds of the County authorized by the bond <br /> order introduced at a meeting of the Board of Commissioners held on <br /> . July 27, 1960; NOW, THEREFORE, <br /> BE IT RESOLVED as follows: - <br /> . (1) The Chairman and Clerk of the Board of Commissioners are <br /> hereby authorized and directed to file with the Local Government Commission <br /> of North Carolina an application for its approval of said bonds, on a form <br /> prescribed by said Commission, and to state in such application such facts <br /> and' to attach thereto such exhibits in regard to such bonds and to the <br />
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