2003 - 07-21-03 Regular Meeting - Laserfiche WebLink

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0 0 Bou 19 Pic, 448 Mr. Thomas also told the Board that only two bids were received for the road improvement portion and three bids were required. He stated that this portion of the project had to go out for bid again and bids would be opened on Friday, July 25, 2003. Commissioner Matthews joined the meeting during this discussion. Commissioner Stevens moved to approve the low bid from Sanford Contractors for general contract plus alternate no. 1 at a cost of 51,251,108. Upon a vote, the results were as follows: Aye: Hincks, Lemmond, Matthews, Paschal, Reives, and Stevens Nay: None Absent: Adams The Chairman ruled the motion had been adopted unanimously. The Board considered matters pertaining to the financing of the new high school and community college projects. Ted Cole, President of Davenport & Company, LLC, outlined the preliminary schedule for the project and stated that bonds would be issued the end of October 2003. The project is not to exceed $27,500,000 and will have to be approved by the Board if the project goes over this amount. After some discussion, Commissioner Lemmond moved to approve the following, seconded by Commissioner Stevens, copies of which are attached to these minutes and by this reference made a part hereof: • Resolution relating to installment contract financing for public school and community college projects in an amount up to 527,500,000 • Preliminary schedule for Certificates of Participation • Declaration of Official Intent to Reimburse • Scheduled a public hearing for September 2, 2003 Upon a vote, the results were as follows: Aye: Hincks, Lemmond, Matthews, Paschal, Reives, and Stevens Nay: None Absent: Adams The Chairman ruled the motion had been adopted unanimously. The Board considered the meeting schedule for the month of August 2003. Chairman Hincks moved that the Board only meet one time on Monday, August 18, 2003, at 3:00 o'clock p.m. Upon a vote, the results were as follows: 5