1998 - 04-20-98 Regular Meeting - Laserfiche WebLink

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CIg2 goo 17 1r,c, 4d: • Consolidated contract between County of Lee and the North Carolina Department of Health and Human Services for the Health Department • Resolution for Lee County to remain in the same judicial district as Harnett County (copy attached) • Renewal contract for inmate labor between the County of Lee and the North Carolina Department of Corrections • Sale of vacant lot on Waddell Street • Budget amendment # 04/20/98/21 (copy attached) • Service agreement for electronic funds transfer between the County of Lee and First Citizens Bank & Trust • FY 1998-99 grant application for HAVEN of Lee County, Inc. • FY 1997-98 pre-grant application for Hispanic Task Force of Lee County • Proclamation to proclaim April 19-25, 1998 as "NC LIVE KICK OFF WEEK" in Sanford, Lee County, for the Library • FY 1998-99 Community Based Alternatives (CBA) Program Agreements for funding for Youth and Adult Services-Youth Services Division and the Lee County Psychologist Program • Grant award from the North Carolina Division of Emergency Management in the amount of $600 • Resolution for County Government Week Commissioner Moretz seconded the motion, and upon a vote, the results were as follows: Aye: Cox, Garner, Mansfield, Matthews, Moretz, Paschal and Reives Nay: None The Chairperson ruled the motion had been adopted unanimously. Mr. Murray Gould from Affordable Housing Advisors LLC presented to the Board a quarterly update on the Wilrik Project and answered questions from Board members. The Board considered a loan commitment letter for the Wilrik Project. County Attorney K. R. Hoyle told the Board a loan commitment was executed by Lee County in March, 1997 prior to the tax credit application to the North Carolina Housing Financing Agency (NCHFA). The date of June, 1997 was incorporated into the loan commitment, which reflected an anticipated approval from NCI-IFA. The application was not approved until September, 1997. The current loan commitment with Lee County will expire on December 1, 1998. Because of the delay in beginning the project, the County will need to modify the existing loan commitment by extending the expiration date to March 31, 1999. Mr. Hoyle also told the Board a Deed of Subordination for the Wilrik Hotel Apartments LLC needed to be approved. After some discussion, Commissioner Garner moved to approve the loan commitment letter for the Wilrik Project and to execute a corrected Deed of Trust so the Wilrik Hotel Apartments LLC can procure a loan upon the condition of the existing Deed of Trust. Commissioner Cox seconded the motion, and upon a vote, the results were as follows- 2