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<br />THE INDEPENDENT TRIBUNE
<br />March 9, 2005
<br />
<br />320
<br />
<br />. (090/.-;'
<br />
<br />No,225
<br />319;2005
<br />
<br />~6nciE::3;':;,'"
<br />PUBUC HEA~ING
<br />N9tj'CE:~jS;-HEREBY,:_~iVEW:
<br />,fhallh,e.Board_OJ.GollnlY Com-_>
<br />hli,ssioners- (the "86&d;_,. of .the::
<br />Counl)'-OI,'_cabarrus.._NOtlfl;1
<br />CaroJina:>/lhe ','"Counlyj" will::
<br />CooducL:a:'_public:_-,hearing '~qn.~
<br />Milfch'.''2t.2(l(jS::.:concemrng;
<br />-lhe:::execulioil. and delivery, . of:~
<br />an---:inSlaIJmenl__ofinimcing___COll~_;;
<br />lra_cljlhe .Conlract't-toprOVid9)
<br />fuOding:f?r.an or-a--PO~IOIl.-Of..i
<br />lhe.'/;os!S';cf(O_.renovallOllS:to;
<br />the- Rowan Cabarrus'Collll'!1U,:::)
<br />nity;Colfege :.tRCCC') _, '_~us;._ ~J
<br />ness_:Center;:-(ii)'~esign_,@nd:-!
<br />constRIction ol_'a--palking_lot, on:~
<br />lhe_:'ACCC-Soulf!,:Campus, and-!
<br />(iff)::desi9n _ COSls___for_:RCC.C's:j
<br />BUilding--3000,'-(colIEl9liv_e!Y_tlle"}
<br />_;Pr~lecl'l .'". . i
<br />'ni~--:__'PJ_an"of- 1Jhanciillf lor:~ !he_?
<br />Project',invohies:the__enIIY,by--,
<br />.the"C,ounly_'_,lnlo-,lhe:~ntract:i
<br />.wilh at/lird-pany:who;\'i1Jf prcr','
<br />Vfo'e:.lhe--County;wilh_Up,IO)
<br />$4,358;000' 'pursua.nLJo::lhe-':
<br />lellTls-o( Ihe-Conlract~-which
<br />amount ,Will. pe'- appffed too li~:
<br />nance,'cosls-pI.lhe,,:PlOit!ct,
<br />-The:Counly's .obligations_ -~o /
<br />such . third party _Supplyiflg,:rr~
<br />nancin9_are ,-aU!hOriZed_:-by}
<br />Nortl)- Carolina General SIal',;
<br />utes Section--1?OA-20:)nd will,:
<br />be secured: by a lien. upen -o~-_i
<br />securi!y-intereSf.in all-w some.::
<br />pOrtion of1he,Projecf <lI1din._arr 1
<br />ofsome':portion:,oLlhe_~eaL,;
<br />proP?rfy on,whi~hlhe_ proJe<;I:ci
<br />~wmbe!oc.ated. ", __.
<br />Th~,:_bbJiga!jonol :lhe-:_Coonlyi
<br />underJhe:conlractwltl.:not:be;
<br />deemedt(l'Oe: a pJedg_e~of.lhe.:i
<br />'faith 'a'nd-crediLof the Counf(;
<br />Wilhir.lh€!'meaoing of any con.,)
<br />StnU1iolial_ debt',Jimilalion',and:i
<br />!he-Contract will ,not directfy:or!
<br />indireC!fy,(ir'COJUingenUY,':,obli,_:!
<br />gale the-County IO"make"any:
<br />paymenls::beyond:those:_8fl>
<br />oroprialeq,_:in"lhe_-_sole_'dlScre_,'
<br />iionOflhe,C:ounly/or.anYfiscat:,
<br />year In -Whichsuch-Con!r~cl is;
<br />in effect__-.,No-defl.G,Jency.
<br />jUdgment- ,may be~, rendered
<br />agaiilS!:Ih?County,rn,afJrac::
<br />lion/or"breach_ oL_suc:h,:Coll--_,
<br />fraclandthe,:j<ll;ing.power,ot;
<br />lhe, County. is- not - and,J!iaf nOI_:
<br />be pledged directly or,,lny:rect-,,
<br />ty:or:-:con~ngenlly ;~o~ectlre
<br />any-,moneys:due under' Stlch!
<br />Contract,- - ....
<br />
<br />-':"""''''('--'';,,:,~~:,-.~, -'
<br />.PtE-A:$E-;";:f-.AKE-_';:No:ri~
<br />_-THAT;--: JIi(;':~OAAD~--.wI[i.J
<br />HOLDA:- PUBl/(FHEAAJNG"
<br />TONCERNlNG'TH~:PLAN,OF:;
<br />FINANCING,:AT,:6:3{)P;M;OI>!}
<br />:-MQNDAY;::,MARCH_ 21( 2005;"
<br />"IN-->THE-:-COMMISSIONERS',
<br />MEETING ROOM IN THE
<br />CABARRUS,. COUNTY GOV-'
<br />'ERNMENTAL.CENTER, :CON-{
<br />CORO, NORTH CAROLINA,'
<br />:A T' -WHICH <-AN(':PERSON_!
<br />:MAY'BE HEAAD_:CONCEAN_.,:
<br />JNG)HE .',PlANOF,FINANC<
<br />ING. ANY,PERSON:- WISW~'
<br />ING:_TO COMMENT_IN WRIT._~:
<br />ING ON THE PLAN OF R-'
<br />'NANCIN~- MAY', OO';SO. :BY-"
<br />DELIVERING 'SUCH--_ :COM-'J
<br />-- MENTSc<ro. -:THE:UNDER<:,
<br />SIGNED- 'AT ..... '65 CHURCH:'
<br />STREET__ . SE; '-"CONCORD ;:~
<br />NORTIi:,,"CAROllNA;', -,28026,':
<br />'WITHIN i5::DAYS - FROM-_n-IE;
<br />DATE~OF_ PUBLICATION :,Of
<br />THIS NOTICE. . -- ",
<br />
<br />G-~
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