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<br />.' <br /> <br />Resolution to be Adopted for Consent Item F-16. <br /> <br />. <br /> <br />f RESOLUTION <br /> <br />The governing body for the County of Cabarrus, North Carolina, held a regular meeting at <br />the , the regular place of meeting, on , at <br />a.m./p.m. <br /> <br />Present: <br /> <br />Absent: <br /> <br />Also Present: <br /> <br />* * * * * <br /> <br />introduced the following resolution which was read: <br /> <br />RESOLUTION AUTHORIZING THE EXECUTION AND DELIVERY OF <br />AN INSTALLMENT PURCHASE CONTRACT WITH RBC CENTURA <br />BANK TO FINANCE THE ACQUISTION OF RENOVATION OF THE <br />ROWAN CABARRUS COMMUNITY COLLEGE BUSINESS CENTER, <br />DESIGN AND CONSTRUCTION OF A PARKING LOT AT THE RCCC <br />SOUTH CAMPUS, AND DESIGN COSTS FOR RCCC'S BUILDING 3000, <br />FOR USE BY THE COUNTY OF CABARRUS, NORTH CAROLINA, <br />AUTHORIZING THE EXECUTION AND DELIVERY OF RELATED <br />INSTRUMENTS, AND DETERMINING OTHER MATTERS IN <br />CONNECTION THEREWITH <br /> <br />BE IT RESOLVED by the governing body for the County of Cabarrus, North Carolina (the <br />"Purchaser"): <br /> <br />Section I. The governing body does hereby find and determine: <br /> <br />a) The County of Cabarrus proposes the acquisition of renovation of the Rowan Cabarrus <br />Community College Business Center, design and construction of a parking lot at the <br />RCCC South Campus, and design costs for RCCC's Building 3000, which may <br />include fixtures as more fully described in the hereinafter mentioned Contract <br />(collectively, the "Project"); <br /> <br />b) After consideration, the governing body has determined that the most advantageous <br />manner of financing thereof is by an installment contract pursuant to Section 160A-20 <br /> <br />[=-1 ~ <br />