BC 2018 04 16 Regular Meeting - Laserfiche WebLink

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April 16, 2018 (Regular Meeting) Page 3518 are hereby authorized to cooperate with the Underwriters in preparing and filing such filings under state securities or "blue sky" laws (including special consents to service of process) as the Underwriters may request and as the Chairman of the Board of Commissioners, the County Manager or the Director of Finance shall determine. Section 9. The Finance Director shall prepare and file a sworn statement of debt with the LGC and the Clerk to the Board in accordance with North Carolina General Statutes Section 159-150. Section 10. The County covenants that, to the extent permitted by the Constitution and laws of the State of North Carolina, it will do and perform all acts and things to comply with the requirements of the Internal Revenue Code of 1986, as amended (the "Code"), in order to assure that interest paid with respect to the 2018 Limited Obligation Bonds will not be includable in the gross income of the owners thereof for purposes of federal income taxation, except to the extent that the County obtains an opinion of bond counsel to the effect that noncompliance would not result in interest with respect to the 2016 Limited Obligation Bonds being includable in the gross income of the owners of the 2018 Limited Obligation Bonds for purposes of federal income taxation. Section 11. This Resolution shall become effective immediately upon its adoption. Thereupon, upon motion of Commissioner F. Blake Kiger, seconded by Commissioner Lynn W. Shue, the foregoing resolution entitled "RESOLUTION APPROVING INSTALLMENT CONTRACT FINANCING FOR VARIOUS PUBLIC PROJECTS IN AN AGGREGATE PRINCIPAL AMOUNT UP TO $55,000,000 AND THE EXECUTION AND DELIVERY BY THE CABARRUS COUNTY DEVELOPMENT CORPORATION OF CERTIFICATES OF PARTICIPATION AND/OR LIMITED OBLIGATION BONDS RELATED THERETO, AUTHORIZING THE EXECUTION ANO DELIVERY OF RELATED DOCUMENTS IN CONNECTION THEREWITH, AND PROVIDING FOR CERTAIN OTHER RELATED MATTERS" was adopted and passed by the following vote: AYES: Chairman Stephen M. Morris; Vice Chairman Diane R. Honeycutt and Commissioners F. Blake Kiger and Lynn W. Shue. NOES: None /s/ Stephen M. Morris Stephen M. Morris, Chairman Cabarrus County Board of Commissioners ATTEST: /s/ Terri Lea Hugie Terri Lea Hugie, Clerk to the Board (F-3) Library - Presentation of Grant Application Library Director Emery Ortiz has applied for a Library Services and Technology Act (LSTA) Grant for $30,905. The grant, entitled "CCPL: Plan and Grown Together," would provide funding to hire a consultant to facilitate strategic planning, and facilities assessment for the Cabarrus County Public Library system. The end result would be a long-range strategic plan that accounts for the area growth impacting the libraries. If awarded, Cabarrus County would be required to match the grant with $6,181. Award announcements are anticipated for May 2018, and the grant funds would be available for FY19 upon acceptance and approval by the Board of Commissioners. The intent of the presentation is to share the grant information in preparation for the award announcements. UPON MOTION of Commissioner Kiger, seconded by Commissioner Shue and unanimously carried, the Board accepted the FY19 LSTA Grant Award to hire a consultant for the library system, and provide the required $6,181 in matching funds, should it be awarded. (F-4) Sheriff's o£fica - Request to Award a Service Weapon to Lieutenant Milton Daniel Harless Upon Retirement Lieutenant Milton Daniel Harless will retire from the Cabarrus County Sheriff's Office on May 1, 2018. Pursuant to N.C.G.S. 20-187.2, it is requested that Lieutenant Harless' service weapon (Sig Sauer P226, 40 caliber, serial number 47A042527) be declared surplus and awarded to him for the price of $1.00. UPON MOTION of Commissioner Kiger, seconded by Commissioner Shue and unanimously carried, the Board declared a service weapon (Sig Sauer 2226, 40