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SEE ®UNTY <br />O; <br />Committed Today for a Better Tomorrow <br />February 6, 2012 <br />United Financial of North Carolina, Inc. <br />58 Wilkie Way <br />Fletcher. NC 28732 <br />Re: Lease Purchase Agreement between United Financial of North Carolina, Inc. and Carolina Trace <br />Volunteer Fire Department, Inc. <br />Dear Sirs, <br />I am Chairman of the County Commissioners of Lee County. This letter is to advise you that Carolina <br />Trace Volunteer Fire Department, Inc. is a qualified Volunteer Fire Department, assigned to protect a <br />specific Fire District within this County. <br />In addition, a special ad valorem (fire tax) is assessed on the real property owners of this district. Said <br />tax is to be used exclusively to provide equipment, facilities, and training as is necessary to provide fire <br />protection for said district. Said funds may also be used to upgrade equipment as the need arises. This <br />tax is collected by the County and disbursed by the Finance Office to the Fire Department on a regular <br />basis by the County Finance Officer. The Fire Department is operated and managed by the Board of <br />Directors of the Fire Department and the Officers of said Department. The Department is currently <br />meeting the requirements of the their fire service contract. <br />The Fire Department has made us aware of their intention to acquire new capital assets through a Lease <br />Purchase transaction with your firm. Please be advised that the County has no objection to this <br />transaction. <br />Sincerely, <br />n a A. Shook <br />Chairman <br />Lee County Board of Commissioners <br />NORTH CAROLINA, LEE COUNTY <br />Presented for registration on this.3"aay <br />of Q 20, 1>- at / : -S�I/PM <br />recorded in Book � ! Page L4 R <br />Mollie A. McInnis, Register of Deeds <br />OFFICE OF THE COUNTY MANAGER <br />P. O. Box 1968 • 106 Hillcrest Drive • Sanford NC 27331 -1968 <br />Tel 919 - 718 -4605 • Fax 919- 777 -9315 • manager @leecountync.gov <br />