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The Chairman announced that this was the date, place and hour fixed by the Board of
<br />Commissioners for a public hearing concerning a proposed plan of financing in an aggregate
<br />principal amount of up to $160,000,000, which plan would involve the entry by the County into
<br />(a) one or more long-term installment financing contract(s) with the Cabarrus County
<br />Carolina General Statutes §160A-20, as amended, the proceeds of which would be used to pay all
<br />or a portion of the costs of (i) the acquisition, construction, installation and equipping of one or
<br />more new buildings to be used as new court house facilities for the County, (ii) various site
<br />improvements related thereto, (iii) the acquisition, construction, installation and equipping of a
<br />new public middle school, (iv) the acquisition, construction, installation and equipping of a new
<br />public high school, (v) the acquisition, construction, installation and equipping of a new
<br />replacement public elementary school, (vi) the acquisition, construction, installation and equipping
<br />of a new emergency medical services headquarters and related facilities, (vii) the acquisition,
<br />construction, installation and equipping of a new public library and senior center, (viii) the
<br />acquisition, construction, installation and equipping of a new emergency equipment
<br />warehouse/information technology facility, (ix) the acquisition of land for a new regional public
<br />park facility, (x) the acquisition, construction, installation and equipping of multiple improvements
<br />at Frank Liske Park, (xi) the acquisition, construction, installation and equipping of a new radio
<br />tower, (xii) the acquisition, construction, installation and equipping of a new public park facility,
<br />(xiii) the construction, installation and equipping of replacement parking lots and driveways at Mt.
<br />Pleasant High School, (xiv) the construction, installation and equipping of roof replacements at
<br />various public school sites, (xv) the acquisition, construction, installation and equipping of one or
<br />more new public schools and related facilities, (xvi) the acquisition, construction, installation and
<br />equipping of one or more new public buildings and related facilities, (xvii) the acquisition of any
<br />necessary rights-of-way and easements related to each of the foregoing (i) through (xvi) and (xviii)
<br />various real and personal property improvements related to each of the foregoing (i) through (xvi)
<br />(collectivand under said one or more long-term installment financing
<br />contract(s) the County would secure the repayment by the County of the moneys advanced
<br />pursuant to such one or more long-term installment financing contract(s) by granting a security
<br />interest in and lien on all or some portion of the Projects and/or all or some portion of the real
<br />property upon which the Projects are located and/or (b) into one or more short-term installment
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