Laserfiche WebLink
4b <br />submission to the Local Government Commission; NOW, THEREFORE, <br />BE IT ORDERED by the Board of Commissioners of the County <br />of Lee, as follows: <br />Section 1. The Board of Commissioners of the County of Lee <br />has ascertained and hereby determines that it is necessary to <br />construct and improve public buildings, including the provision <br />of courtrooms and other court facilities, offices, meeting rooms <br />and jail and other confinement facilities, and the renovation of <br />and construction of additions to the existing County Courthouse <br />and including the acquisition and installation of necessary <br />furnishings, equipment and machinery and the acquisition of <br />rights-in-land required therefor and to pay capital costs of <br />such improvements. <br />Section 2. In order to raise the money required to pay <br />capital costs of providing the improvements as set forth above, <br />in addition to any funds which may be made available for such <br />purpose from any other sources, bonds of the County of Lee are <br />hereby authorized and shall be issued pursuant to The Local <br />Government Finance Act of North Carolina. The maximum aggregate <br />principal amount of said bonds authorized by this bond order <br />shall be $8,700,000. <br />Section 3. A tax sufficient to pay the principal of and <br />interest on said bonds when due shall be annually levied and <br />collected. <br />Section 4. A Sworn statement of the County's debt has been <br />filed with the Clerk of the Board of Commissioners and is open <br />to the public inspection. <br />Section 5. This bond order shall take effect when approved <br />by the voters of the Count at a referendum. <br />"BOND ORDER AUTHORIZING THE ISSUANCE OF $1,000,000 <br />SENIOR CITIZENS CENTER BONDS OF THE COUNTY OF LEE" <br />WHEREAS, the Board of Commissioners of the County of Lee <br />deems it advisable to make the improvements hereinafter <br />described; and <br />WHEREAS, the Board has caused to be filed with the <br />Secretary of the Local Government Commission of North Carolina <br />an application for commission approval of the bonds hereinafter <br />described as required by The Local Government Finance Act, and <br />the Secretary of the Local Government Commission has notified <br />the Board that the application has been filed and accepted for <br />submission to the Local Government Commission; NOW, THEREFORE, <br />BE IT ORDERED by the Board of Commissioners of the County <br />of Lee, as follows: <br />5 <br />r:V. _ <br />