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13-C <br />0 soon 16 orSE <br />BE IT FURTHER RESOLVED by the Board of Commissioners that it hereby <br />approves the expenditure of up to $680,000.00 of Economic Development funds for the <br />Frontier Spinning Mills projects, and that the agreement between Lee County and LCEDC <br />as exhibited to the Board at this meeting is hereby approved and the Chairman or Vice <br />Chairman and the Clerk to the Board are hereby authorized to execute the agreement on <br />behalf of the County, subject to a pre-audit certificate thereon and approval as to form and <br />legality by the County Attorney. <br />Commissioner seconded the motion, and upon a vote, the results were as follows: <br />Aye: Cox, Garner, Mansfield, Matthews, Moretz, Paschal and Reives <br />Nay: None <br />The Chairman ruled the motion had been adopted unanimously. <br />There being no further business to come before the Board Commissioner Cox <br />moved to adjourn the meeting. Commissioner Moretz seconded the motion, and upon a <br />vote, the results were as follows: <br />Aye: Cox, Garner, Mansfield, Matthews, Moretz, Paschal and Reives <br />Nay: None <br />The Chairman ruled the motion had been adopted unanimously and the meeting <br />adjourned in keeping with the motion. <br />F. Hubert Garner, Chairman <br />13 <br />