BC 1981 12 07 - Laserfiche WebLink

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622 Chairman Bonds stated that this was the day and hour scheduled for a public hearing for the naming of an unnamed road to Boone's Farm Road and asked if anyone were present who wished to speak for or against the naming of this road. UPON MOTION of Commissioner Cook, seconded by Commissioner Payne and unanimously carried, the Board approved the naming of an unnamed road as Boone's Farm Road. UPON MOTION of Commissioner Cook, seconded by Commissioner Nash and unanimously carried, the Board approved the addition of Lamar Road to the state road system. Commissioner Nash introduced the following resolution which was read: RESOLUTION APPROVING THE ISSUANCE OF BONDS FOR PHILIP MORRIS POLLUTION CONTROL PROJECT WHEREAS: The Cabarrus County Industrial Facilities and Pollution Control Financing Authority (the Authority) has agreed to assist in the financing under the North Carolina Industrial and Pollution Control Facilities Financ- ing Act (the Act) of an industrial and a pollution control project by Philip Morris Incorporated, a Virginia corporation, in connection with its new cigarette manufacturing facility near Concord in Cabarrus County and indicated that agreement by the completion of an Inducement Agreement between the parties dated as of March 28, 1978; WHEREAS: The Authority intends to issue its Pollution Control Revenue Bond (Philip Morris Project) (the Master Bond) and its Pollution Control Revenue Refunding Bond (Philip Morris Project) (the Refunding Bond) (collec- tively, the Bonds) each in the face amount of the aggregate principal amount of advances made thereunder with the sum of such face amounts never to exceed $5,000,000; and WHEREAS: Under NCGS §159C-4 the issuance of bonds under the Act must be approved by the governing body of the county in which the project to be financed under the Act is located; NOW THEREFORE, the Board of Commissioners of the County of Cabarrus do the following: BE IT RESOLVED BY THE BOARD OF COMMISSIONERS FOR THE COUNTY OF CABARRUS: The issuance of the Bonds is hereby approved. Commissioner Nash moved the passage of the foregoing resolution and Commissioner Payne seconded the motion, and the resolution was passed by the following vote: Ayes: Commissioners Nash, Payne, Lentz, Cook, and Bonds Noes: None Not voting: None Commissioner Cook made motion, seconded by Commissioner Nash, to nominate Dr. Lynn A. Hughes to fill the unexpired term of Ms. Mary Snead Boger on the Concord Planning and Zoning Commission as representative for the extraterritorial area. UPON MOTION of Commissioner Lentz, seconded by Commissioner Cook and unanimously carried,' the Board moved to close nominations for a representative to the Concord Planning and Zoning Commission. The Board unanimously appointed Dr. Lynn A. Hughes to fill the unexpired term of Ms. Mary Snead Boger as the representative to the Concord Planning and Zoning Commission for the extraterritorial area. The term will end on June 30, 1982. Mr. Aubrey K. Cheek, Dean of Continuing Education of Rowan Technical College, requested the appropriation of $3,500 in additional funds to operate the new center in the Carver Complex in Kannapolis for the remainder of the year. These funds are to be used for minor repairs, part-time janitorial work, heat, lights and water in accordance with the expenditure agreement between the college and Cabarrus County in the past. UPON MOTION of Commissioner Nash, seconded by Commissioner Lentz and unanimously carried, the Board appropriated to the existing budget of Rowan Technical College the sum of $3,500 to be derived from the Commissioners' Contingency Fund for the purpose of operating this new facility in Kannapolis for the remainder of this fiscal year.