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BK:00028 PG -.0313 <br />official intent to reimburse certain expenditures with proceeds of debt to be incurred by the <br />County prior to, or within sixty (60) days of, payment of the expenditures to be reimbursed. <br />(b) The Regulations expressly permit the statement of official intent to be declared by any <br />person designated by the County to declare official intent on behalf of the County. <br />(c) The Board believes that it is in the best interest of the County to designate the Finance <br />Director of the County to declare official intent on behalf of the County for such purposes. <br />Section 2. As permitted by the Regulations, the Finance Director of the County, now or <br />hereafter serving in such capacity, is designated by the Board to declare the official intent on <br />behalf of the County to reimburse any and all expenditures with the proceeds of debt to be <br />incurred by the County. <br />Section 3. This resolution shall take effect upon its passage. <br />Upon motion of Commissioner Frazier , the foregoing resolution entitled <br />"RESOLUTION DESIGNATING THE FINANCE DIRECTOR OF THE COUNTY OF LEE, <br />NORTH CAROLINA TO DECLARE OFFICIAL INTENT TO REIMBURSE <br />EXPENDITURES UNDER UNITED STATES DEPARTMENT OF TREASURY <br />REGULATIONS ON BEHALF OF SAID COUNTY" was adopted by the following vote: <br />Ayes: Dalrgmple, Frazier, Knecht, Oldham, Reives, Sloan, and Smith <br />Noes: N/A <br />I, Gaynell M. Lee, Clerk to the Board of Commissioners for the County of Lee, North <br />Carolina, DO HEREBY CERTIFY that the foregoing is a true copy of the recorded minutes of <br />said Board of Commissioners for said County at a regular meeting held on June 6, 2016, said <br />