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Resolution No. 1998 - 37 <br /> <br /> Resolution <br />In Support of the Proposed State Bond Issues for <br />Water, Sewer and Natural Gas <br /> <br /> WHEREAS, the North Carolina General Assembly in its 1998 session ratified <br />Senate Bill 1354, the Clean Water and Natural Gas Critical Needs Bond Act of 1998. <br />Governor James B. Hunt, Jr., signed the bill into law and pledged his active support; <br /> <br /> WHEREAS, SB 1354 provides $800 million in loans and grants for much needed <br />water and wastewater capital projects; <br /> <br /> WHEREAS, SB 1354 provides $200 million to extend natural gas service into <br />underserved areas of the state; <br /> <br /> WHEREAS, a recent study has identified more than $11 billion in water and <br />sewer capital needs, and the bonds are a critical step in meeting these long-range <br />infrastructure needs; <br /> <br /> WHEREAS, the water and sewer bonds will assist local govemments in all areas <br />of the state to protect the quality of our surface and drinking waters and to promote sound <br />economic development; <br /> <br /> WHEREAS, the water, sewer and natural gas bonds will facilitate smart growth <br />and result in more jobs for North Carolinians; and <br /> <br />WHEREAS, the bond issues will help move North Carolina forward; <br /> <br /> NOW, THEREFORE, BE IT RESOLVED that the Cabarrus County Board of <br />Commissioners strongly supports the bond issues proposed by SB1354 for water, sewer <br />and natural gas and encourages citizens to vote in favor of these bond issues at the polls <br />on November 3. <br /> <br />Adopted this 19th day of October 1998. <br /> <br />ATTEST: <br /> <br />Sue Casper <br />Chair, Board of Commissioners <br /> <br />Frankie F. Bonds, Clerk <br /> <br /> <br />