BC 2012 11 29 Special Meeting - Laserfiche WebLink

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November 29, 2012 (Special Meeting) Page 1312 the frustration - but we have to have executed reasonable diligence to ascertain the information. And I think that's reasonable diligence is the phrase that came back to me. White: Would you have a problem with placing - you said that the information regarding any issues with the bond would be come to this mailing address. I understand that, but is there any issues with - cause you would be in this mailing address - so that you would be getting notice is there any problem with also having the Mr. Downs, the County Manager, or the county attorney, (not by name specifically, because they may not be here long), them be notified as to any issues with the bond. What I'm saying is, yes it may come to this building, but we may never know if the bond has been revoked. Small: You're asking me what, Mr. White? White: What I'm asking is that under the bond notification, not only come to the obligee, which would be you - excuse me - the principal, which would be you but also to the obligee, which would be the state as well as the county. And what I'm saying is just because the notice comes to this building doesn't mean it gets to the attention of the Board of Commissioners. Small: There are things that are not necessarily in my control, Mr. White. I don't know who processes the mail here in this building. White: Okay, well let's be- (Multiple people speaking) White: Is there any reason why Ben Small and the county manager for Cabarrus County cannot be put on notice if there's any issues with the bond? Small: Mr. White, I don't know, but what - what you're asking is something different. What you're asking is "How can I guarantee that mail is going to get to me or you or anybody ?" and I- (Multiple people speaking) White: No, that's not what I'm saying. That's not what I'm saying, Mr. Small. What I'm saying is if the county is not listed as an obligee, then the county would not know if there is issue with the bond. So what I'm saying is do you have any problems with having Western - or whomever insures you or bonds you - to not only give you notice, but the county commissioners notice as to if there is any issue with the bond. Small: Mr. White, I don't have any problem with that, but I can't - I don't work for Western, I don't have any way of securing that guarantee. White: Well, you can ask. I'm not asking a guarantee. I'm just asking if you would find out - and if they say "No, we're not going to tell the county commissioners anything about this bond. ", then that makes my decision easier. Small: My position is that I've already taken the steps to list this address as the official address for - White: Who is the person receiving that information? You said that you've listed this address, who is that mail going to? Small: Mr. White, it's a bond. I can only list an entity, which is the State of North Carolina as required under Chapter 161 and an address. That address is this address. White: Okay. Small: If I'm going to bond a person, I'd have to write a whole new bond and bond a person. White: Thank you. Poole: Do you have - I mean, you said you have it, right? Small: I do. Poole: Can you give me one copy? Small: I have three copies. How many would you like? Poole: Well, just one over here, and they can share if you don't mind. I mean I haven't looked at it so... Small: Okay. Poole: If that's okay, we can kinda pass it. Small: You can pass it. Poole: Okay. I mean that may - that may help just to be able actually to look at it. We'll just take a few moments to give everybody a chance to read, that would be good. (Review of documents.) Recess of Meeting While members of the board reviewed the documents, the board took a short break. The meeting resumed at 4:31 p.m. Poole: Okay. Thank you for allowing me to step out real quick. Okay, we've looked at it and let's see - do you want to say something first or- Downs: It doesn't matter. I was just, I was gonna add just to respond to Mr. Small's comment - it's not anything large. My recollection of the conversation was that I asked for the state and the county to be put on there, that's it. So when we went back and only one was on there; that was the question back to Mr. Small was that it wasn't as we had asked. Just for the record. Poole: Commissioners, you've had a chance to read and I wanted to make sure that any conversations that we have amongst ourselves we need to do for the