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January 17, 2017 (Regular Meeting) Page 2008
<br /> Note: This item has been moved to the February 17, 2017 regular meeting.
<br /> (G-3) Finance - CCS Funding Request for New High School Construction
<br /> Mike Downs, County Manager, advised the Finance Department provided
<br /> additional information in connection with the Cabarrus County Schools
<br /> (CCS) Board of Education' s request for the Board of Commissioners to fund a new
<br /> high school. He suggested deferring continued discussion until the Board' s
<br /> retreat later this month. He further advised Dr. Chris Lowder, Cabarrus County
<br /> Schools (CCS) , Superintendent, and Tim Lowder, CCS, Executive Director of
<br /> Operations, were available for questions.
<br /> A lengthy discussion ensued. During discussion, Dr. Lowder and Mr.
<br /> Lowder, responded to a variety of questions from the Board.
<br /> Chairman Morris advised the Board had a consensus to defer a decision
<br /> until the Board' s retreat.
<br /> (9-4) Emergency Management - NorthEast Cabarrus Volunteer Fire Department
<br /> Steve Langer, Fire Marshal, presented a request for NorthEast Cabarrus
<br /> Volunteer Fire Department (VFD) , Inc. to purchase a 2017 Pierce tanker through
<br /> Uwharrie Bank at a cost of $273, 137 .00 on a tax-exempt basis for lower interest
<br /> rates. He stated one of the requirements, per the United States Internal
<br /> Revenue Code, requires approval of the financing by the Board of Commissioners.
<br /> NorthEast Cabarrus Volunteer Fire Department, Inc. has held a public hearing on
<br /> the financing, as required by the Code.
<br /> A discussion ensued. During discussion, Mr. Langer, Pat Bergeron,
<br /> NorthEast Cabarrus VFD, Inc. , Board President, and Mike Downs, County Manager,
<br /> responded to questions from the Board. Kevin Kirk, Northeast Cabarrus VFD,
<br /> Inc. , Fire Chief, was also in attendance.
<br /> UPON MOTION of Commissioner Shue, seconded by Vice Chairman Honeycutt and
<br /> unanimously carried, the Board adopted the following resolution.
<br /> Resolution No. 2017-03
<br /> RESOLUTION APPROVING THE FINANCING OF NORTHEAST CABARRUS
<br /> VOLUNTEER FIRE DEPARTMENT, INC. FOR UP TO $273, 137 FOR
<br /> PURCHASE OF NEW FIRE APPARATUS
<br /> WHEREAS, Northeast Cabarrus Volunteer Fire Department, Inc. has
<br /> determined to finance an amount of up to $273, 137 for a new Pierce tanker; and
<br /> WHEREAS, the United States Internal Revenue Code requires that for such
<br /> financing to be carried out on a tax-exempt basis, the Cabarrus County Board of
<br /> Commissioners must first approve the financing; and
<br /> WHEREAS, Northeast Cabarrus Volunteer Fire Department, Inc. has held a
<br /> public hearing on the financing after published notice, as required by the Code;
<br /> and
<br /> WHEREAS, Northeast Cabarrus Volunteer Fire Department, Inc. has reported
<br /> the proceedings of the hearing to this Board;
<br /> NOW, THEREFORE, BE IT RESOLVED, that the Cabarrus County Board of
<br /> Commissioners approves Northeast Cabarrus Volunteer Fire Department, Inc. to
<br /> enter into the financing, as required under the Code for the financing to be
<br /> carried out on a tax-exempt basis; including approval of Northeast Cabarrus
<br /> Volunteer Fire Department' s required public hearing.
<br /> Adopted this the 17th day of January, 2017 .
<br /> /s/ Stephen M. Morris
<br /> Stephen M. Morris, Chairman
<br /> Board of Commissioners
<br /> ATTEST:
<br /> /s/ Megan I.E. Smit
<br /> Megan I .E. Smit, Clerk to the Board
<br /> (H) APPOINTMENTS TO HOARDS AND COMMITTEES
<br /> (H-1) Appointments Firemen' s Relief Fund Trustees
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