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5-1-2023 BOC Regular Meeting Minutes
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5-1-2023 BOC Regular Meeting Minutes
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Admin-Clerk
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Minutes
Committee
Board of Commissioners
Date
5/1/2023
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II.J Approve Updated Judicial Facilities Security Policy <br /> Moved from the Consent Agenda. <br /> Final Approved Courthouse Security Policy.pdf <br /> Amended Courthouse Security Policy 5.1.23.docx <br /> Amended Courthouse Security Policy 5.1.23-Clean Version.docx <br /> III. PUBLIC COMMENTS <br /> - David Montgomery, 215 Mill Ridge Road (Convenience Center Hours of Operation) <br /> General Services Director Robert Walters will review Convenience Center hours of <br /> operation and will bring that back to the Board for consideration at its next meeting. He <br /> also introduced Brandon King, the new Development Services Director. <br /> IV. OLD BUSINESS <br /> IV.A Approval of Resolution Authorizing and Approving the Refinancing of an <br /> Installment Financing Agreement Entered into by the County to Acquire a Site and <br /> Existing Facilities to be used Primarily by Central Carolina Community College and <br /> the Financing of Additional Improvements to such Site through the Issuance of a <br /> Not to Exceed $7,700,000 Limited Obligation Bond and the Execution of Certain <br /> Documents in Connection Therewith <br /> Finance Director Candace Iceman presented this item to the Board. Ms. Iceman <br /> said as the County moves ahead with the sale of the Limited Obligation Bond to <br /> refinance the existing instalment financing agreement regarding the E. Eugene <br /> Moore Center as well as the cost of additional improvements and expenses related <br /> to the refinancing, several financing documents will need to be executed. The Board <br /> is being asked to approve a Resolution Authorizing and Approving the Refinancing <br /> of an Installment Financing Agreement Entered into by the County to Acquire a Site <br /> and Existing Facilities to be used Primarily by Central Carolina Community College <br /> (CCCC) and the Financing of Additional Improvements to such Site through the <br /> Issuance of a Note to Exceed$7,700,000 Limited Obligation Bond and the Execution <br /> of Certain Documents in Connection Therewith. County Manager Lisa Minter said <br /> the master trust agreement will cover future bonds and that supplemental trusts will <br /> need to be added. She said this was anticipated due to the additional phases <br /> needed for the project. The CCCC library would be a separate agreement because it <br /> would require different collateral. <br /> Approving Resolution-Lee 2023 LOB (PP).DOC <br /> Amended and Restated Lease Agreement 2023 (CCCC Site).pdf <br /> Bond Purchase Agreement-Lee 2023 LOB with revisions effective 4-19- <br /> 23.pdf Deed of Trust-Lee 2023 LOB with revisions effective 4-19-23.pdf <br /> First Supplemental Trust Agreement - Lee Co 2023 LOBS with revisions effective <br /> 4-19-23.pdf <br /> Master Trust Agreement with revisions effective 4-19-23.pdf <br />
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