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565 <br /> <br /> WHEREAS, the Authority is authorized under the Industrial and <br />Pollution Control Facilities Financing Act, Chapter 159C of the <br />General Statutes of North Carolina (the "Act"), to issue revenue bonds <br />for the purpose, among others, of paying all or any part of the cost of <br />any industrial or pollution control project for industry; to acquire, <br />construct, improve and equip any such project; and to make and execute <br />financing agreements, security documents and other contracts and instru- <br />ments necessary or convenient in the exercise of such powers; and <br /> <br /> WHEREAS, the Authority has determined to issue its revenue bonds <br />to pay all or a portion of the costs of the expansion, renovation and <br />equipping of an existing industrial facility in Cabarrus County for the <br />purposes of producing surface-mount assemblies on a custom basis for all <br />segments of the electronics industry (the "Project"), to be operated by <br />SFE Technologies and Orchard Electronics, Inc. <br /> <br /> WHEREAS, the Authority intends to file an application for approval <br />of the Project with the Secretary of the Department of Commerce (the <br />"Department"), as required by the Act; and <br /> <br /> WHEREAS, the Department has, by regulation, provided that no application <br />for approval of a project will be officially received until the governing <br />body of the County from which the application is made has, by resolution <br />after having held a public hearing, approved the issue of revenue <br />bonds and approved in principle the proposed project and a certified copy <br />of such resolution has been provided to the Department; and <br /> <br /> WHEREAS, the Board of County Commissioners, pursuant to public <br />notice duly given, has held a public hearing on the proposed revenue <br />bond issue and Project and has considered the comments of persons who <br />requested to be heard; and <br /> <br /> WHEREAS, the Board of County Commissioners desires to approve the <br />issuance of revenue bonds and approve the Project in principle; NOW <br />THEREFORE, <br /> <br /> BE IT RESOLVED by the Board of County Commissioners of the County <br />of Cabarrus as follows: <br /> <br />(1) The issuance of revenue bonds by the Authority to finance <br />the Project is hereby approved. <br /> <br />(2) The Project is hereby approved in principle. <br /> <br />(3) The Clerk of the Board of Commissioners is hereby authorized <br />and directed to provide a certified copy of this resolution to <br />the Department. <br /> <br />(4) This resolution shall take effect immediately upon its passage. <br /> <br /> Commissioner Nash moved the passage of the foregoing resolution and <br />Commissioner Barnhardt seconded the motion, and the resolution was <br />passed by the following vote: <br /> <br />AYES: Commissioners Nash, Barnhardt, and Milloway and Chairman Lentz <br />NAYS: Commissioner Payne <br /> <br /> Chairman Lentz stated that Mrs. Sue Casper, Chairman of the Keep <br />Cabarrus Beautiful Committee, had requested a meeting with the Board for <br />Ms. Ann Dodd, the State Coordinator of the Clean Community Program, on <br />Tuesday, May 15, 1984. Chairman Lentz called a special meeting of the <br />Board for 7:00 P.M. on May 15, 1984, to meet with Ms. Dodd and to begin <br />work on the proposed 1984-85 Cabarrus County budget. <br /> Mrs. Betsy Carpenter, President of the Cabarrus Animal Protection <br />Association, stated that the Cabarrus County Animal Control Ordinance <br />was unclear on the role of the Board of Commissioners and the Board of <br />Health in regards to the Animal Shelter. She complained that the cat <br />boxes were missing from the wardens' trucks and that there was no room <br />for cats at the new shelter. Also, Mrs. Carpenter stated that the <br />Animal Advisory Committee was not functioning as no one would schedule a <br />meeting of the Committee. <br /> <br /> <br />