BC 2014 07 21 Regular Meeting - Laserfiche WebLink

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July 21, 2014 (Regular Meeting) Page 2123 Anthony Rossi, Student Body President, RCCC, 1531 Trinity Church Road in Concord, expressed support for the November 2014 General Obligation Bond Referendum. He stated, in his opinion, the college, his peers and the community is worth the investment. Janet Spriggs, RCCC Chief Financial Officer, 1531 Trinity Church Road in Concord, expressed support for the November 2014 General Obligation Bond Referendum. She advised community college graduates are a benefit to the community and the iocal work force. There was no one else present to address the Board; therefore Chairman Poole closed the public hearing. UPON MOTION of Commissioner Measmer, seconded by Commissioner Oesterreich and unanimously carried, the Board adopted the Order Authorizing $9,000,000.00 in Community College Bonds. UPON MOTION of Commissioner Measmer, seconded by Vice Chairman Burrage and unanimously carried, the Board adopted the Resolution Calling for a Special Bond Referendum on November 4, 2014. UPON MOTION of Commissioner Measmer, seconded by Commissioner Morris and unanimously carried, the Board authorized the publication of the bond orders as adopted. UPON MOTION of Commissioner Morris, seconded by Commissioner Measmer and unanimously carried, the Board authorized the publication of notice of the bond referendum. UPON MOTION of Commissioner Measmer, seconded by Commissioner Morris and unanimously carried, the Board adopted the Resolution Declaring Official Intent to Reimburse Expenditures with Proceeds of Debt Pursuant to United States Department of Treasury Regulations. Resolution No. 2014 -17 At 8:20 p.m., the Chairman convened a public hearing with respect to the bond order introduced before this Board on June 16, 2014, concerning the issuance of $9,000,000 General Obligation Community College Bonds of Cabarrus County pursuant thereto. After discussion as summarized in Exhibit A, the hearing was closed at 8:28 p.m. After consideration of the public hearing, Commissioner Measmer, moved to approve the adoption of the bond order entitled: ORDER AUTHORIZING $9,000,000 GENERAL OBLIGATION COMMUNITY COLLEGE BONDS Commissioner Oesterreich seconded the motion and the bond order was passed and adopted by the following vote: Ayes: Chairman Elizabeth F. Poole; Vice Chairman Larry M. Burrage and Commissioners Christopher A. Measmer, Stephen M. Morris and Jason A. Oesterreich Nays: [None.] Not Voting: [None.] Chairman Elizabeth F. Poole introduced the following resolution, and its title was read: RESOLUTION CALLING FOR REFERENDUM ON ORDER AUTHORIZING $9,000,000 GENERAL OBLIGATION COMMUNITY COLLEGE BONDS, PROVIDING FOR NOTICE OF SUCH REFERENDUM AND PUBLICATION OF BOND ORDER AS ADOPTED WHEREAS, the Board of Commissioners of the County of Cabarrus, North Carolina (the "Board ") has today adopted a bond order entitled `ORDER AUTHORIZING $9,000,000 GENERAL OBLIGATION COMMUNITY COLLEGE BONDS;" and WHEREAS, N.C.G.S. §159 -58 provides for publication of the bond order as adopted; and