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0 Section 160A -20(g) of the General Statutes of North Carolina requires that the County <br />hold a public hearing prior to entering into the Agreement. Section 153A -158.1 of the General <br />Statutes of North Carolina requires that the County hold a public hearing on the proposed <br />acquisition of the site of the Project by the County to be used for school purposes. <br />The Chairman acknowledged due publication of the notice of public hearing in a <br />newspaper with a general circulation in said County and directed the Clerk to the Board of <br />Commissioners to attach the affidavit showing publication in said newspaper on a date at least <br />ten (10) days prior to the date hereof as Exhibit A. <br />The Chairman then announced that the Board of Commissioners would immediately hear <br />anyone who might wish to be heard on the proposed Agreement or the proposed acquisition of <br />the site of the Project by the County as described above. <br />• A list of all persons making comments and a summary of such comments are attached as <br />Exhibit B. <br />The public hearing was closed. <br />All statements and comments by participants of the public hearing were duly considered <br />by the Board of Commissioners. <br />Thereupon, Commissioner Linda Shook introduced the following resolution <br />the title of which was read and copies of which had been previously distributed to each <br />Commissioner: <br />RESOLUTION ACCEPTING THE PROPOSAL OF BRANCH BANKING <br />& TRUST (BB &T) IN CONNECTION WITH AN INSTALLMENT <br />FINANCING FOR VARIOUS GOVERNMENTAL EQUIPMENT <br />WHEREAS, the County of Lee, North Carolina (the "County ") intends to enter into an <br />installment financing agreement pursuant to G.S. §160A -20 of the General Statutes of North <br />2 <br />