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May 18, 2015 (Regular Meeting) Page 2396 Cabarrus County and its municipalities vigorously oppose SB 369 and any similar bill filed in the House. 5. The Commissioners shall seek the support of the municipalities of Concord, Harrisburg, Rannapolis, Locust, Midland, Mount Pleasant and numerous volunteer fire departments to join in this resolution or adopt similar resolutions. Adopted this 18th day of May, 2015. /s/ Stephen M. Morris Stephen M. Morris, Chairman Cabarrus County Board of Commissioners ATTEST: /s/ Megan I.E. Smit Megan I. E. Smit, Clerk to the Board (G -5) BOC - Resolution Supporting Governor McCrory's Bond Proposal Chairman Morris read the resolution aloud. Vice Chairman Poole MOVED to adopt A Resolution of the Cabarrus County Board of Commissioners Supporting Governor McCrory's Bond Proposal. Commissioner Mynatt seconded the motion. Vice Chairman Poole expressed support for the bond proposal. She encouraged citizens to look at the bond proposal and seriously consider it when it is on the ballot. Chairman Morris reiterated Vice Chairman Poole's comments. He clarified this resolution is encouraging the bond proposal to be placed on the ballot. The MOTION unanimously carried. Resolution No. 2015 -11 A RESOLUTION OF THE CABARRUS COUNTY BOARD OF COMMISSIONERS SUPPORTING GOVERNOR MCCRORY'S BOND PROPOSAL WHEREAS, Governor McCrory has proposed a $2.85 billion bond purposed for investment in the State of North Carolina's infrastructure to strengthen and support the needs of transportation, public health, education, technology, parks, ports and military operations; and WHEREAS, in his proposal, Governor McCrory dedicates $1.48 billion to 101 infrastructure projects in 64 counties and $1.37 billion to 203 highway and paving projects in 57 counties across North Carolina, creating substantial short -term and long -term job growth through projects enhancing North Carolina's readiness for economic growth; and WHEREAS, among the projects in his bond proposal, there are significant investments in Cabarrus County and its neighboring counties; and WHEREAS, in his proposal, Governor McCrory dedicated $7 million to improvements at the Reed Gold Mine State Historic Site, both a landmark and an important piece of Cabarrus County history that should be maintained and preserved for future generations; and WHEREAS, also in his proposal, Governor McCrory dedicated $17 million to the George Liles Parkway Extension Project, to improve connectivity and accessibility while meeting key transportation needs in Cabarrus County; and WHEREAS, North Carolina has a history of using long -term financing to meet infrastructure needs, and it is considered prudent to invest when current rates are at historic lows; and WHEREAS, the bond proposal does not require a tax increase and is well within the State's debt affordability as determined by the State Treasurer and the nonpartisan Debt Affordability Committee; and WHEREAS, fifteen years have passed since the State's last general obligation bond was authorized for the improvement of public infrastructure, resulting in years of statewide deferred maintenance;