1991 - 05-06-91 Regular Meeting - Laserfiche WebLink

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requested approval from the Board to allow the Lee County Board of Education to transfer $667,290.00 from the its current expense budget to its capital outlay budget for the purpose of paying the School Bond Note for Greenwood Elementary School in the amount of $650,000, plus interest, which is due May 15, 1991. A copy of the Board of Educations's Budget Amendment #19 is attached to these minutes, and by this reference, made a part hereof. After a brief discussion, Commissioner Hall moved to approve the transfer as requested. Commissioner Matthews seconded the motion, and upon a vote, the results were as follows: Aye: Hall, Matthews, Paschal, Reives, Stafford, and Wicker Nay: None The Chairman ruled the resolution had been unanimously adopted. The Board next considered the following resolution as requested by the Sanford Area Chamber of Commerce: Resolution to Allow Local Community College Funds to be Spent Locally WHEREAS, counties with community colleges are required by law to provide the funds necessary to operate and maintain buildings, and WHEREAS, General Statute 115D-38.5 requires all purchases to be made according to contracts made and approved by the Purchase and Contract Division of the Department of Administration, and WHEREAS, this requirement generally results in local funds being spent outside the community, and WHEREAS, there is not evidence that the requirement results in any savings, therefore, BE IT RESOLVED, that the Lee County Board of Commissioners requests that the North Carolina Asociation of County Commissioners pursue a change in law which would permit local funds to be spent within the local community when such products and services are readily available at competitive prices. Commissioner Wicker moved to adopt the resolution. Commissioner Hall seconded the motion, and upon a vote, the results were as follows: Aye: Hall, Matthews, Paschal, Reives, Stafford, and Wicker Nay: None 6