1997 - 05-19-97 Regular Meeting - Laserfiche WebLink

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0 BOOK 16 PACE 930 by this resolution, the rate of interest, the place or places of payment, and the denomination or denominations of the notes. 3. Each of said notes shall be signed by the Chairman and the Clerk to the Board of Commissions of the County of Lee and the seal of said County shall be affixed to each of said notes. 4. The County Manager of the County of Lee is hereby authorized to make application to the Local Government Commission of North Carolina for its approval of said notes in the manner prescribed by The Local Government Finance Act. Said Local Government Commission is hereby requested to authorize and approve the issuance of said notes and upon request to sell the notes in the manner prescribed by said Act. Said notes, when they shall have been sold by said Commission in the manner provided by law and when they shall have been executed in the manner prescribed by this resolution, shall be turned over to the State Treasurer of the State of North Carolina for delivery to the purchasers to whom they may be sold by said Commission. Commissioner Reives seconded the motion, and upon a vote, the results were as follows: Aye: Garner, Mansfield, Matthews, Moretz, Paschal and Reives Nay: Cox The Chairman ruled the motion had been adopted by a six to one vote. The Board considered a county owned structure located at 807 Tryon Street. Commissioner Paschal told the Board no interest was expressed concerning this property in 1994 when he served on a committee to relocate the building. After some discussion Commissioner Paschal moved to authorize the County Manager to have the gutters taken off the building and minor repairs completed so the building can be salvaged. Commissioner Mansfield seconded the motion, and upon a vote, the results were as follows: Aye: Cox, Garner, Mansfield, Matthews, Moretz, Paschal and Reives Nay: None The Chairman ruled the motion had been adopted unanimously. 09 4