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APPROVAL OF TAX-EXEMPT LOAN TO <br />WINECOFF VOLUNTEER FIRE DEPARTMENT, INC. <br /> <br /> I, , CHAIRMAN OF THE BOARD OF COUNTY <br />COMMISSIONERS OF CABARKUS COUNTY WHICH HAS JURISDICTION OVER THE <br />AREA SERVED BY THE WINECOFF VOLUNTEER FIRE DEPARTMENT, INC. HEREBY <br />APPROVE A TAX EXEMPT LOAN TO THE WINECOFF VOLUNTEER FIRE DEPARTMENT, <br />INC. BY FIRST CHARTER NATIONAL BANK, WHICH LOAN IS BEING MADE IN AN <br />AGGREGATE PRINCIPLE AMOUNT NOT TO EXCEED $155,700.00 TO FINANCE THE <br />ACQUISITION OF ONE FIRE TRUCK, TO BE LOCATED AT THE WINECOFF VOLUNTEER <br />FIRE STATION, INC., 328 STEWART STREET, CONCORD, NORTH CAROLINA 28027 IN <br />CABARRUS COUNTY, NORTH CAROLINA. <br /> <br /> THIS APPROVAL IS GIVEN FOLLOWING A PUBLIC HEARING HELD ON <br />FEBRUARY 10, 1997 AT THE WINECOFF VOLUNTEER FIRE DEPARTMENT, INC., 328 <br />STEWART STREET, CONCORD, NORTH CAROLINA 28027 AND PURSUANT TO <br />RESOLUTION PASSED BY THE BOARD OF COMMISSIONERS OF CABARRUS COUNTY <br />ON FEBRUARY 17, 1997 AND GIVEN FOR THE PURPOSE OF SATISFYING THE <br />REQUIREMENTS OF SECTION 147(F) OF THE INTERNAL REVENUE CODE. <br /> <br /> IN WITNESS WltEREOF, I HERETO SET MY HAND THIS THE <br />FEBRUARY, 1997. <br /> <br />DAY OF <br /> <br />ATTEST: <br /> <br />BY: <br /> <br />CLERK TO BOARD <br /> <br />CHAmMAN <br />CABARRUS COUNTY BOARD <br />OF COMMISSIONERS <br /> <br />Do~. No: 107195.01 <br /> <br /> <br />