2001 - 01-02-01 Regular Meeting - Laserfiche WebLink

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BGGR 18 PI-GE 2e1~ Z i the College shall be responsible for securing the approval of the State Board of Community Colleges and providing the County with proof of such approval. Section 2.. Emergency Training Center Project. a. The Board will make application to the LGC for approval of installment loan financing in an amount not to exceed Two Million Five Hundred Thousand Dollars ($2,500,000.00) for the matching local funds to pay capital costs of constructing buildings and other improvements including the acquisition and installation of necessary furnishings and equipment and the acquisition of land or rights in land required therefore. b. Upon receipt of approval from the LGC, the Board will take the appropriate actions to close the installment loan to have the funds available by January 2004. C. The site for the Emergency Training Center is the former airport property presently owned by the College. Any additional land or rights in land will be purchased in the name of the College. Thereafter, the procedure set out in NCGS §115-15.1 shall be followed and the College shall be responsible for securing the approval of the State Board of Community Colleges and providing the County with proof of such approval. Section 3. Delegation of Authority. The Board hereby delegates to the County Manager the authority to execute Forms 3-1 or such other documents and to perform any and all acts which may be necessary and appropriate to carry out the intent of this resolution and the matters herein authorized.