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eooK 11 ?AGE 47 <br />E <br />The Chairman stated that the Board had adopted a <br />resolution approving in principal an industrial project in Lee County <br />for Kennametal Inc. (the "Company") on July 19, 1982, and that the <br />Department of Commerce had issued its Certificate of Approval for such <br />project on October 8, 1982. The Chairman then stated that a notice had <br />been published on January 24, 1983, that the Board would hold a public <br />hearing on February 7th, 1983, on the proposed revenue bond issue and <br />the Project. <br />Commissioner Dossenbach moved that the Board <br />proceed to hold a public hearing on the revenue bond issue and the project. <br />The motion was seconded by Commissioner Matthews, and was unanimously <br />adopted. <br />At 10:00 o'clock A. M. , the Chairman announced that the <br />Board would hear anyone who wished to be heard on the advisability of <br />issuing the revenue bonds and the project and that a representative of <br />the Company was present and was prepared to discuss the details con- <br />cerning the proposed project and bond issue. <br />The names and addresses of the persons who were <br />present and summaries of their comments were as follows: <br />Mr. Richard Palmer, of Kennametal <br />Inc. , identified himself as the <br />representative of the Company <br />and discussed the details of the <br />proposed project and bond issue. <br />