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bc0,; L 794 <br />WHEREAS, the Local Government Commission has entered an order approving <br />the proposed extension; and, <br />WHEREAS, the Board of Commissioners of Lee County, sitting as the governing <br />body of Lee County Water and Sewer District No. 1, has held a public hearing on said <br />proposed extension as required by North Carolina General Statutes 159 -64: NOW, <br />THEREFORE, <br />BE IT ORDERED by the Board of Commissioners of Lee County, sitting as the <br />governing body of the Lee County Water and Sewer District No. 1, as follows: <br />Section 1: The maximum period of time during which bonds and bond <br />anticipation notes may be issued by the District pursuant to the water bond order adopted <br />by the Board of Commissioners of Lee County, sitting as the governing body of the Lee <br />County Water and Sewer District No. I, on September 25, 1995, shall be extended from <br />seven to ten years, such ten -year period to expire on November 6, 2005. <br />Section 2: This order shall take effect 30 days after its publication following <br />adoption as provided by North Carolina General Statues 159 -64. <br />Commissioner Paschal seconded the motion, and upon a vote, the results were as <br />follows: <br />Aye: Adams, Hincks, Lemmond, Matthews, Paschal, Reives, and Sauls <br />Nay: None <br />The Chairman ruled the motion had been adopted unanimously. <br />Commissioner Paschal moved that the Clerk of the Board of the District be <br />authorized and directed to publish the above order with an accompanying notice of <br />adoption in the form required by law. Commissioner Reives seconded the motion, and <br />upon a vote, the results were as follows: <br />Aye: Adams, Hincks, Lemmond, Matthews, Paschal, Reives, and Sanls <br />Nay: None <br />The Chairman ruled the motion had been adopted unanimously. <br />There being no additional business to come before the board, Commissioner <br />Lemmond moved to adjourn the meeting. Upon a vote, the results were as follows: <br />Aye: Adams, Hincks, Lemmond, Matthews, Paschal, Reives, and Sauls <br />Nay: None <br />The Chairman ruled the motion had been adopted unanimously, and the meeting <br />adjourned in keeping with the motion. <br />3 <br />