1989 - 08-07-89 Regular Meeting - Laserfiche WebLink

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Poo 'X '~r 843 placing an undue tax increase upon the tax payers. Commissioner Dossenbach also pointed out that the rates on municipal bonds were dropping and it appeared to be a favorable time to issue bonds. Chairman Albert L. Cox then spoke in summary and noted that he felt the property owners had been fair in the price they were asking for their property; that the Committee had shown leadership in the work that they had done, and that it appeared that the time for action was at hand. Commissioner Bertha L. Matthews requested recognition and the opportunity to speak, and upon being recognized, she spoke in opposition to the change of location of the courthouse, and said that she preferred to do the work at the present courthouse site and that she did not think the people would support a $14 million bond issue. The Board then had a discussion where it was brought out that the Board had failed to acquire land adjoining the present site of the courthouse earlier this year. Commissioner Gordon A. Wicker reminded the Board that his committee had looked at several sites and that their conclusion was the long-range view was the most economical, and that the committee was satisfied that the site they had selected was in the best interest of the County. Commissioner Dossenbach reminded the Board the matter would be a controversial issue and considered the location of the Post Office on Carthage Street to be a good example of poor planning and the type of action the Board would hope to avoid. Commissioner Gordon A. Wicker then requested the County Attorney to read the resolution relating to the issuance of the proposed General Obligation Bonds. The resolution reads as follows: RESOLUTION RELATING TO ISSUANCE OF PROPOSED GENERAL OBLIGATION BONDS. WHEREAS, the Board of Commissioners of the County of Lee, State of North Carolina, deems it appropriate to construct a public building, including provision of court rooms and other court facilities, offices and meeting rooms and jail and other confinement facilities, including the acquisition and installation of necessary furnishings, equipment and machinery and the acquisition of land or rights in land required therefor; and WHEREAS, the Board of Commissioners of the County of Lee considers the above project necessary inasmuch as the Board has been under the threat of litigation to improve and expand jail and confinement facilities and other and pressing needs for improved law enforcement quarters and courthouse facilities; and WHEREAS, the Board of Commissioners of the County of Lee considers that the issuance of General Obligation Bonds in the amount of Fourteen Million Dollars is adequate to complete the above project and is not excessive for the proposed purpose based upon the comprehensive study and cost estimate by Stuart-Fitchett, Architects, AIA, P. A.; and WHEREAS, the Board of Commissioners of the County of Lee are confident that debt management policies have been carried out in -4-