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0 0 <br />coos 1537 <br />yet. Commissioners will be notified as soon as a location is named. <br />The Board considered approval of documents with respect to the <br />FBA (Floyd Browne Associates) Water Plant facility near Cumnock. <br />Southern National Leasing Corporation (SNLC) was the low bidder on <br />the $1,620,000 loan to purchase the FBA Water Plant. County Attorney <br />K. R. Hoyle presented to the Board the Resolution Authorizing <br />Execution and Delivery of Loan Documents with Southern National <br />Leasing Corporation and answered questions of the Board. <br />Commissioner Garner moved that the Chairman, Vice-Chairman and Clerk <br />to the Board be authorized and directed to borrow the sum of <br />$1,620,000.00 from Southern National Leasing Corporation for and on <br />behalf of the County to finance the purchase of the Floyd Browne <br />Associates Water Plant Facilities near Cumnock, and approve the <br />Resolutions attached to these minutes and by this reference made a <br />part hereof. <br />The Board considered approval of documents with respect to the <br />financing of the construction of the operations Center. Southern <br />National Leasing Corporation (SNLC) was the low bidder to loan money <br />for the construction of the Operations Services Center. County <br />Attorney K. R. Hoyle presented to the Board the Resolution <br />Authorizing the Execution and Delivery of a Deed of Trust and <br />Security Agreement and answered questions of the Board. Commissioner <br />Garner moved that the chairman, vice-Chairman and Clerk to the Board <br />be authorized and directed to borrow the sum of $493,000.00 from <br />Southern National Leasing Corporation for and on behalf of the County <br />to finance the construction of the operations Services Center <br />Facility on Fifth Street in Sanford, North Carolina, and approve the <br />Resolutions attached to these minutes and by this reference made a <br />part hereof. Upon a vote, the results were as follows: <br />Aye: Garner, Matthews, Paschal, Reives, Stafford and Wicker <br />Nay: None <br />The Chairman ruled the motion had been adopted unanimously. <br />The Board considered an Addendum to the water purchase contract <br />with Golden Poultry Company, Inc. County Attorney K. R. Hoyle <br />discussed the modification of the water purchase contract and <br />answered questions of the Board. After some discussion Commissioner <br />Paschal moved to approve Addendum No. 2 To Water Purchase Contract <br />with Golden Poultry Company, Inc., a copy of which is attached to <br />these minutes and by this reference made a part hereof. Upon a vote, <br />the results were as follows: <br />Aye: Garner, Matthews, Paschal, Reives, Stafford and Wicker <br />Nay: None <br />The Chairman ruled the motion had been adopted unanimously. <br />00"t, <br />2 <br />