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2 <br /> <br /> (4) approved the form of (a) the Southern Company Guaranty <br />Agreement between the Company and Southern; (b) the Deed of Trust <br />from the Company to James R. Bryant, III, Trustee for the Authority; <br />(c) the Corporate Guaranty Agreement between Plastics Manufacturing, <br />Inc., a North Carolina corporation (the "Corporate Guarantor"), and <br />Southern; (d) the Guaranty Security Agreement between the Corporate <br />Guarantor and Southern; (e) the Guaranty Deed of Trust from the <br />Corporate Guarantor to James R. Bryant, III, as Trustee for Southern; <br />(f) the Individual Guaranty Agreement between Kenneth R. Barbee, <br />Steven M. Miller, Joseph F. O'Connell, Anthony J. Spuria, <br />Kenneth J. Wilson, Edward J. Heavner, James R. Wallace and John <br />W. Shealy, Jr. (the "Individual Guarantors") and Southern; (g) <br />the Company Guaranty Agreement between the Company and Concord; <br />and (h) the Individual Guaranty Agreement between the Individual <br />Guarantors and Concord. <br /> <br /> B. The Board of Commissioners for the County of Cabarrus has <br />reviewed the action taken by the Board of Commissioners of the Authority <br />in connection with the issuance and~saie of the Bonds and has made such <br />other examination and investigation as it deems necessary and relevant <br />as the basis for the approval set forth herein. <br /> <br /> Section 2. Pursuant to and in satisfaction of the requirements <br />of Section 159C-4(d) of the General Statutes of North Carolina, the <br />Board of Commissioners for the County of Cabarrus hereby approves the <br />issuance by the Authority of the Authority's Industrial Revenue Bonds, <br />Series A, B, C and D (NC Plastics, Inc. Project) in the aggregate <br />principal amount of $3,643,000. <br /> <br /> Section 3. The Clerk to the Board of Commissioners for the County <br />of Cabarrus, North Carolina, is directed to file a certified copy of <br />this resolution with the Department of Commerce. <br /> <br />Section 4. This resolution shall take effect upon~its passage. <br /> <br /> Commissioner Nash moved the passage of the foregoing Resolution and <br />Commissioner Barnhardt seconded the motion, and the Resolution was passed <br />by the following vote: <br /> <br />Ayes: Commissioners Nash, Barnhardt, Payne, Milloway, and Lentz <br />Noes: Commissioners None <br /> <br /> UPON MOTION of Commissioner Payne, seconded by Commissioner Nash and <br />unanimously carried, the Board approved the following Mutual Aid Agreements <br />and authorized the Chairman to execute the Agreements on behalf of Cabarrus <br />County. <br /> <br /> MUTUAL AID AGREEMENT <br /> BETWEEN <br /> MECKLENBURG COUNTY NC AND/OR CABARRUS COUNTY NC <br /> <br />Whereas, standing operating procedures at present require the Emergency <br />Management Coordinator of MECKLENBURG County and/or CABARRUS County to <br />require aid; and <br /> <br />Whereas, the Counties concerned come within the scope of the Emergency <br />Management mutual aid concept since they are adjacent and <br /> <br />Whereas, if the Counties listed are requesting aid of an adjacent County, <br />the Local Emergency Management Coordinator will make his request direct to <br />the Local Emergency Management Coordinator providing such aid, and the <br />Local Coordinator involved in such a request will notify, as a matter of <br />information the Directo. r, North Carolina Division of Emergency ~nagement <br />of their intent to request/provide "Mutual Aid" from/to-the adjacent County. <br /> <br />Now, Therefore, we, the undersigned officials of MECKLENBURG County and <br />CABARRUS County, respectively, hereby grant to the local Emergency Management <br />Coordinators of MECKLENBURG County and CABARRUS County, the authority to <br />use their resources to assist one another in local natural or man-made <br /> <br /> <br />