AG 1995 04 03 - Laserfiche WebLink

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appeared either in person or by attorney, to be heard on the question of the advisability of the Equipment or the Loan. The Clerk to the Board of Commissioners reported that no written comment about the proposed Equipment or the Loan had been received. The names and addresses of the persons who were present and summaries of their comments are as follows: After the Board had heard all persons who requested to be heard, the Chairman closed the public hearing. The Chairman introduced the following resolution which was read at length: Resolution No. RESOLUTION APPROVING THE INCURRENCE BY MIDLAND VOLUNTEER FIRE DEPARTMENT, INC. OF UP TO $150,000 IN INDEBTEDNESS FROM FIRST CHARTER NATIONAL BANK TO FINANCE THE ACQUISITION OF A NEW 1995 MACK FIRE TRUCK AND ANCILLA/~Y AND RELATED EQUIPMENT. WHEREAS, the Board of County Commissioners, pursuant to public notice duly given (the "Notice"), has held a public hearing on the proposed Loan and Equipment and has considered the comments of persons who requested to be heard; and WHEREAS, neither the County nor any agency thereof shall be liable in any event for the repayment of the Loan, the Loan does not constitute an indebtedness of the County or any agency thereof and does not constitute or create in any manner a debt or liability of the County or any agency thereof; and WHEREAS, the Board of County Commissioners desires to approve the Loan and approve the Equipment; NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners for the County of Cabarrus as follows: (1) The publication of the Notice and the designation of this meeting as a public hearing on the Loan and the Equipment is hereby ratified and approved. (2) The incurrence by Midland Volunteer Fire Department, Inc. of indebtedness of up to $150,000 to First