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(3) The Clerk of the Board of Commissioners is hereby authorized and <br />directed to provide a certified copy of this resolution to the DOC. <br /> <br /> (4) The Board of County Commissioners hereby requests that the State of <br />North Carolina, pursuant to Chapter 588 of the 1987 North Carolina General Session <br />Laws, or any other executive order or legislation relating to volume limitations on tax- <br />exempt financing, allocate to the above-described qualified small issue industrial revenue <br />bonds and Project $1,700,000 of"unified volume limitation" (as described in said <br />Session Laws or in any such other executive order or legislation), and acknowledges that <br />any such allocation shall be only for purposes of said Project and that any portion of such <br />allocation not utilized in connection with such bonds and Project Or which terminates or <br />expires as provided in said Session Laws will, without further action, revert to the State <br />of North Carolina, and there is hereby approved the application by the Authority for such <br />an allocation. <br /> <br />(5) This resolution shall take effect immediately upon its passage. <br /> <br /> Commissioner <br />Commissioner <br />following vote: <br /> <br /> moved the passage of the foregoing resolution and <br />seconded the motion, and the resolution was passed by the <br /> <br />Ayes:. <br /> <br />Nays:. <br /> <br />F:~d3OCS~BSIXCORPORATX.250692_ 1 .DOC <br /> <br />4 <br /> <br /> <br />