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1991 - 09-16-91 Regular Meeting
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1991 - 09-16-91 Regular Meeting
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Minutes
Committee
Board of Commissioners
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0 0 <br />private industry council, the designation of a single Chief Elected <br />Official for the consortium; and the development and signing of the <br />consortium agreement between counties comprising the Mid-Carolina <br />Service Delivery Area; <br />BE IT THEREFORE RESOLVED THAT, the Lee County Board of <br />Commissioners does authorize and support the designation of a Service <br />Delivery Area configuration which allows Chatham, Lee and Sampson <br />Counties to function as a separate Local Service Delivery Area, <br />effective July 1, 1992; and <br />BE IT FURTHER RESOLVED THAT, the Lee County Board of <br />Commissioners does submit and support that the Mid-Carolina Council <br />of Governments be designated as the grantee for the administration of <br />funds relating to the delivery of employment and job training <br />services in the Region. <br />Commissioner Matthews moved to adopt the resolution as <br />recommended by the local Mid-Carolina Private Industry Council board <br />members. Commissioner Reives seconded the motion, and upon a vote, <br />the results were as follows: <br />Aye: Cox, Hall, Matthews, Paschal, Reives, Stafford, and Wicker <br />Nay: None <br />The Chairman ruled the motion had been adopted unanimously. <br />The Board considered the authorization to sell two issues of <br />bond anticipation notes. Commissioner Hall presented the following <br />resolution and moved that it be adopted: <br />WHEREAS, the bond orders hereinafter described have taken effect <br />and the Board of Commissioners desires to borrow money for the <br />purpose for which bonds are authorized to be issued by said bond <br />orders in anticipation of the receipt of the proceeds of the sale of <br />said bonds as hereinafter provided; NOW, THEREFORE, <br />BE IT RESOLVED by the Board of Commissioners of the County of <br />Lee (the "Issuer"), as follows: <br />(1) The sum of $1,000,000 will be borrowed by the Issuer in <br />anticipation of the receipt of a portion of the proceeds of the sale <br />of bonds authorized to be issued by the senior citizens center bond <br />order, adopted by the Board of Commissioners of the Issuer on March <br />5, 1990, for the purpose for which said bonds are authorized to be <br />issued. Negotiable notes, each designated "Senior Citizens Center <br />Bond Anticipation Note," shall be issued for said sum so borrowed. <br />(2) The sum of $300,000 will be borrowed by the Issuer in <br />anticipation of the receipt of a portion of the proceeds of the sale <br />of bonds authorized to be issued by the public building bond order, <br />adopted by the Board of Commissioners of the Issuer on March 5, 1990, <br />for the purpose for which said bonds are authorized to be issued. <br />6 <br />
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