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12 delivery of an installment financing contract (the ~Contract") to finance all or a portion of the costs of constructing two new public middle schools and one new public elementary school and acquiring certain equipment related thereto (collectively the "2001 Project"). The plan of financing for the 2001 Project involves the entry by the County into the Contract with a third party who will provide the County with up to $40,000,000 pursuant to the terms of the Contract, which amount will be applied to finance costs of the 2001 Project. The County's obligations to such third party supplying financing are authorized by North Carolina General Statutes Section 160A-20 and will be secured by a lien upon or security interest in all or some portion of the 2001 Project and in the real property on which the 2001 Project will be located. The obligation of the County under the Contract will not be deemed to be a pledge of the faith and credit of the County within the meaning of any constitutional debt limitation and the Contract will not directly or indirectly or contingently obligate the County to make any payments beyond those appropriated in the sole discretion of the County for any fiscal year in which such Contract is in effect. No deficiency judgment may be rendered against the County in any action for breach of such Contract and the taxing power of the County is not and may not be pledged directly or indirectly or contingently to secure any moneys due under such Contract. PLEASE TAKE NOTICE THAT THE BOARD WILL HOLD A PUBLIC HEARING CONCERNING THE PLAN OF FINANCING AT 7:00 P.M. ON FRIDAY, FEBRUARY 2, 2001, IN THE MULTIPURPOSE ROOM IN THE CABARRUS COUNTY GOVERNMENTAL CENTER, CONCORD, NORTH CAROLINA, .AT WHICH ANY PERSON MAY BE HEARD CONCERNING THE PLAN OF. FINANCING. ANY PERSON WISHING TO COMMENT IN WRITING ON THE PLAN OF FINANCING MAY DO SO BY DELIVERING SUCH COMMENTS TO THE UNDERSIGNED AT 65 CHURCH STREET SE, CONCORD, NORTH CAROLINA, 28026, WITHIN 5 DAYS FROM THE DATE OF PUBLICATION OF THIS NOTICE. Blair D. Bennett Finance Director Presentation of the Cabarrus County Emergency Operations Plan - Mike Downs, Development Services Director Mr. Mike Downs, Development Services Director, 'gave a brief overview of the proposed Cabarrus County Emergency Operations Plan. The multi-hazard Plan identifies the responsibility of each agency and branch of County government during an emergency situation in the county. Also, the Plan coordinates all responding agencies to manage local, State and Federal resources to protect the citizens of the county during an emergency. Each of the local municipalities will be asked to sign off on the plan. The Board will be asked to adopt the proposed Plan at its meeting on February 19, 2001. APPOINTMENTS TO BOARDS AND COMMITTEES Board o£ E~ualization and Review Vice Chairman Carruth resigned from the Board of Equalization and Review effective December 11, 2000. UPON MOTION of Chairman Fennel, seconded by Commissioner Privette and unanimously carried, the Board appointed Mr. Ed Hill to the Board of Equalization and Review to complete an unexpired term ending June 30, 2002. Mr. Hill will complete six years of service on January 31, 2001 as a member of the Planning and Zoning Commission. Piedmont Area Mental Health, Mental Retardation andSubstance Abuse Authority UPON MOTION of Vice Chairman Carruth, seconded by Commissioner Privette and unanimously carried, the Board appointed Ms. Doris Y. Rogers to the Piedmont Area Mental Health, Mental Retardation and Substance Abuse Authority to fill the vacancy created by resignation of Ms. Tana Hartsell. Ms. Rogers' term of appointment will end on June 30, 2002. Centralina Workforce Development Board of Directors The Board received the written resignation by Dr. Harold Winkler, Cabarrus County School Superintendent, from the Centralina Workforce Development Board of Directors. Dr. Winkler recommended the appointment of Ms. Emily Behm, Director of Workforce Development Education for the County Schools, to fill the vacant position.