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0 0 <br />6 12 84s <br />Commissioner Wicker then asked the County Manager what the <br />permissible debt limits for the County were . The 8% limit was <br />approximately $119 million; that the existing debt was approximately $14 <br />million or around 1%, and that if the proposed bond issue of $14 million <br />was approved, the debt would be approximately 2% of the taxable property in <br />the County. Commissioner Wicker then moved the adoption of the Resolution <br />relating to the issuance of the proposed General Obligation Bonds which <br />had been read at this meeting. Commissioner William C. Stafford, Jr. <br />seconded the motion, and upon a vote the results were as follows: <br />AYE: Dossenbach, Stafford, Wicker and Cox <br />NAY: Matthews <br />The Chairman declared the resolution had been adopted by a <br />majority vote. <br />Commissioner Wicker then requested support from the people of the <br />County on this undertaking and expressed his appreciation to Mr. and Mrs. <br />Williams and Mr. and Mrs. Phillips for their willingness to option the land <br />to the County. <br />The Board then observed a short recess. Following the recess, <br />the Board convened with all members present. <br />Chairman Cox recognized Mrs. Pam Adams, Director of the <br />Department for the Aging. Mrs. Adams appeared before the Board and <br />requested the Board to authorize the execution of contracts with Triangle <br />J. Council of Government for Federal grant money for the fiscal year <br />1989-90 - aging services. County Manager William K. Cowan recommended the <br />execution of the contracts. Commissioner Gordon A. Wicker moved that the <br />appropriate County officials be authorized to execute and deliver for and <br />on behalf of the Commission the contracts with Triangle J. Council of <br />Government for Federal grant money for the fiscal year 1989-90 - aging <br />services. Commissioner Bertha L. Matthews seconded the motion, and upon a <br />vote the results were as follows: <br />AYE: Dossenbach, Matthews, Stafford, Wicker and Cox <br />NAY: None <br />The Chairman ruled the motion had been adopted unanimously. <br />Mrs. Pam Adams, Director of the Department for the Aging, <br />appeared before the Board and requested authority to execute an agreement <br />for sharing a van with the Center for Independent Living on the basis that <br />the Center for Independent Living would reimburse the Department for the <br />Aging the sum of $107.00 per month, and also to be responsible for <br />necessary maintenance, replacement of tires, repairs and purchase of <br />gasoline. The matter was discussed and the County Attorney was directed to <br />prepare such an agreement. <br />-6- <br />