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Section 2. As required by Section 160A -20 of the North Carolina General Statutes, as <br />amended, a public hearing shall be held by the Board of Commissioners on January 20, 2015 <br />at 6:30 p.m., (or as soon thereafter as the hearing can be held), in the Commissioner's Meeting <br />Room in the Cabarrus County Governmental Center in Concord, North Carolina, concerning <br />the proposed execution of said one or more installment financing contracts and related <br />documents, the proposed refinancing of the Projects and any other transactions associated <br />therewith. The Clerk to the Board of Commissioners is directed to cause a notice of such <br />public hearing, substantially in the form attached hereto as Exhibit A, to be published once in <br />a qualified newspaper of general circulation within the County not less than 10 days prior to <br />said public hearing. <br />Section 3. The appropriate officers of the County are hereby authorized and directed <br />to do any and all things necessary, appropriate or convenient to effectuate the foregoing and <br />the proposed plan of refinancing, including without limitation, filing one or more applications <br />with the North Carolina Local Government Commission seeking approval of the plan of <br />refinancing or any component thereof, the publication of any required notices related thereto, <br />consideration and negotiation of proposals from one or more underwriters, or one or more <br />other third parties, regarding the one or more installment financing contracts included in the <br />proposed plan of refinancing, and consideration and negotiation of the terms of the proposed <br />plan of refinancing or any component thereof and the relevant legal documentation. <br />Section 4. This resolution shall take effect immediately. <br />Commissioner <br />Commissioner <br />the following vote: <br />Ayes: <br />Nays: <br />NotVoting: <br />3 <br />F -10 <br />moved the passage of the foregoing resolution, <br />seconded the motion and the resolution was passed by <br />Attachment number 1 <br />Page 157 <br />