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4 -iL k.,i,u, • .i I��•, .. ,. v •• . ...�' <br /> I <br /> • <br /> • MINUTES OF THE SPECIAL MEETING <br /> OF <br /> • ' BOARD OFCOUNTY COMMISSIONERS <br /> 28 April 1961 •• . • <br /> The Special Meeting of the Board of County Con missionerscheld <br /> pursuant to'a cail•by the Chairman convened at 10:O0.a. m.•.on Friday; <br /> the 28th day of April, 1961, in the Commissioners'Room at the Cee., <br /> County,Courthouse, the same being the time; date and place specified <br /> • in the notice of said meeting. • • . <br /> Those:present when-the meeting,was called to order were: • • <br /> . Chairman Clyde I. Atkins, Cotnnissioners Edward W '•Cox, Ralph Croce, <br /> • Percy Measamer and Evander C;:Winstead. None of the Commissioners • <br /> were absent: • <br /> Chairman Clyde J. Atkins presided and the following business was <br /> transacted: • <br /> Commissioner Cox moved that•the following resolution be adopted: <br /> 'WHEREAS, the Local Government Commission of North. <br /> Carolina had informed'the Board'of Commissioners that it has <br /> sold; in them manner prescribed.by.law, the.$282, 000 School Building <br /> Bonds, Settee.A, 'the.$293,000 Public Hospital Bonds, Series A, . • <br /> the $150,000 County Jail Bonds, and the $275,•000 Industrial'Education <br /> • Center-Bonds, of the County of Lee; :dated May 1, 1961, authorized to • <br /> be'issued by the bond orders adopted.by the Board of Commissioners <br /> ' • on September 6, 4l960, and that the contract of sale contemplates that <br /> . • said bonds shallbear interest as hereinafter provided; NOW THEREFORE, <br /> BE IT RESOLVED that the bonds payable hi each of the,years <br /> 1962 to 1974, inclusive; shall bear•interest at the rate of 6 o per.. <br /> annuin,, and the bonds payable•in each of the years 1975 to 1983, . <br /> •• inclusive, .shall bear interest at the rate of 3-3/4% per annum; and <br /> the bonds•payable-in each of the years 1984 to'1986, inclusive, shall <br /> 'bear'interest at the rate of 1% per annum. • • ' <br /> Commissioner Measamer seconded the motion, and the motion,was <br /> 1 adopted by the following vote: . . <br /> • , ' Ayes: E. W: Cox, Ralph Grace, Percy Measamer, ' <br /> Evander C. Winstead and Clyde J. Atkins <br /> • Nays: None , <br /> There being no further business to come before the session, upon • <br /> motion duly made, seconded and affirmatively carried, the,meeting was <br /> • adjourned. • <br /> . Clyde J. Atkins, Chairman <br /> Attested: • , . - • . <br /> Kenneth R. Hoyle, Clerk ' • • .• • <br />