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The Cabarrus County Commissioners met at a call meeting Monday, July 26, 1965 at the Courthouse. Present: Chairman, C. Frank James Commissioners, Oren Hill, Frank McCray Absent: Commissioners, McNeil Petrea, Smoot Lyles Meeting called to order by Chairman James. Hill made motion, seconded by McCray to adopt the 1965-66 budget (found on pages ~f thru ~ ) and tax rate of $1.44 per hundred dollar valuation. Vote carried. Alfred Hurt, Count~ ~countant, was instructed to insure the Snyder Building and Patterson Building for $40,000 each. McCray made motion, seconded by Hill to adopt the following resolution providing for the levy of taxes for the Parkwood Sanitary District at fifteen (15¢) per one hundred dollar valuation: Vote carried. RESOLUTION PROVIDING FOR THE LEVY OF TAXES FOR THE PARKWOOD SANITARY DISTRICT WHEREAS the following resolution, passed by the Sanitary District Board of the Parkwood Sanitary District on the 12th day of July, 1965, has been received by the Board of Commissioners for the County of Cabarus: BE IT RESOLVED by the Sanitary District Board of Parkwood Sanitary District: Section One. That the Sanitary District Board has determined and does hereby find and declare: (a) That the funds available from surplus operating revenues as provided by G.S. 13o-144 are not sufficient for the payment of interest and the retirement of the District's bonds. (b) That it is estimated the assessed valuations of the property within the limits of the Parkwood Sanitary District amount to approximately One Million Three Hundred Thousand Dollars. (c) That a levy of Fifteen Cents per One Hundred Dollars valuation will produce approximately Nineteen Hundred Fifty Dollars revenue. (d) That barring unforeseen and unanticipated expenses the additional sum of Nineteen Hundred Fifty Dollars should be ample to meet all obligations '.~f~ ~hef the District during the fiscal year 1965-1966. Section Two. T~'at the Secretary of the Parkwood Sanitary District Board certify to the Board of County Commissioners for Gabarrus County, North Carolina, that the Parkwood Sanitary District Board has determined that a levy of Fifteen Gents per One Hundred Dollars valuation of property within the District's limits zs necessary to raise the amount needed to meet the current obligations of said District, and request that said amount be included in the next annual levy to be determined by the Board of County Commissioners and collected as other County taxes as proveded by G.S.130-144. On motion of Commissioner W.Frank McCray, seconded by Commissioner Oren Hill~., the foregoing resolution entitled: "RESOLUTION PROVIDING FOR THE LEVY OF TAXES FOR THE PARKWOOD SANITARY DISTRICT" was passed by the following vote: AYES Frank McCray, Oren Hill, Frank James NOES none Having no further business, meeting adjourned. CIe'FI~ to Board