AG 2004 08 16 - Laserfiche WebLink

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July 26, 2004 .. ~, Pa~e 5 5 9 4. The debt management policies of Cabarrus County are found to have been carried out in strict compliance with the applicable law. 5. The budgetary and fiscal management policies of Cabarrus County are found to have been carried out in compliance with applicable law. 6. The estimted increase in property tax to pay the increased debt service requirements resulting from the bonds of approximately $0.0678 per $100.00 of assessed value of property subject to taxation i8 hereby found to be not excessive. 7. The filing of an application wi=h the Local Government Commission for approval of the proposed bonds is hereby approved and confirmed and the Finance D~rector is designated to serve as the representative of the County in connection with the application for approval of the bonds with the Local ~overnment Commission and is authorized to cause a Notice of Intent to file the application to be published. 8. This resolution shall take effect immediately. Commissioner Carpenter moved for passage of the foregoing resolution and Acting Chairman Carruth seconded the motion and the resolution was passed by the following vote: Ai~S: Carpenter, Carruth and Freeman NAYS: None Ms. Dubois reviewed the schedule of events related to the November bond referendum. She also explained that the General Statutes require separate bond issues for the public schools and the community college. =PON MOTIO~ of Commissioner Carpenter, seconded by Acting Chairman Carruth and unanimously carried, the Board scheduled a Special Meeting on August 2S, 2004, at 6:00 p.m. for a public hearing and further consideration of the bond referendum. (C~ RECO~TIONS A~ Pi~ESEI~TATION$ (C-1) Reco~ni~Aon of Trough Motore on its ~0~ A--dverear~ The Board recognized ~. Raiford Troutman on the celebration of the 60~h anniversary of Troutman Motors. Commissioner Carpenter presented the following proclamation to Mr. Troutman: PROCLAMATION WHEREAS, G. Raiford Troutman began Troutman Motors in June 1944 in Concord, and the company is celebrating its 60~ year of serving the residents of Cabarrus County; and WHEREAS, during the years, Mr. Trou=man expande~ ~o other areas, including reside~tial and commercial construction, real estate, insurance, rental property and a restaurant business; and WHEREAS, Mr. Troutman, through his strong work ethic and with the support and assistance of his family, established Troutman Enterprises, a diverse group of family-owned and operated businesses that includes Troutman Motors, Trout~n Land Investments and Troutman's Bar-B-Q; and WHEREAS, Troutman Enterprises is a vital part of Cabarrus County and a major taxpayer, ~roviding affordable transportation and homes and creating job opportunities for many local residents; and W~EREAS, Troutman Enterprises has made a significant contribution to the quality of life and economic well-being of Cabarrue County and contributed greatly to the community through participation in civic organizations and other community activities. NOW THEREFORE, BE IT PROCLAIMED the Cabarrus County Board of Commissioners hereby congratulates Troutman Motors on the celebration of its 60=~ anniversary, recognizes and honors ~. Raiford Troutman for his exceptional accomplishments and many contributions to Cabarrus County and extends best wishes for the continued success of Troutman Enterprises in the future.