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<br />LEE COUNTY <br />Committed Today for a Better Tomorrow <br />LEE COUNTY BOARD OF COMMISSIONERS <br />ITEM ABSTRACT ITEM NO. IV. H. <br />Information <br />Meeting Date: March 17, 2008 _ Action Item <br />)6 Consent Agenda <br />SUBJECT: Consideration of Notes from Sanford-Lee County Regional Airport <br />Authority to be secured by Deed of Trust on Airport <br />DEPARTMENT: Legal <br />CONTACT PERSON: K. R. Hoyle, County Attorney <br />REQUEST: Approve Loan Documents <br />SUMMARY: At the January 22, 2008 meeting, the Board approved a request <br />from the Airport Authority to finance additional hangars at the <br />airport. <br />BUDGET IMPACT: Will add on to existing loan <br />ATTACHMENT(S): Copies of Notes from Lee County and the City of Sanford <br />PUBLIC HEARING: No <br />PRIOR BOARD ACTION: This Promissory Note will replace prior loan documents approved by <br />the Board <br />RECOMMENDATION: Approve for Local Government Commission application approval <br />