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0104821, p RANDOLPH COUNTY BOARD OF COMMISSIONERS MINUTES - January 4, 1982 The Randolph County Board of Commissioners met in regular session on January 4, 1982 at 9:00 A.M. with the following members present: Richard K. Pugh, Chm., Thurman Hogan, Kenyon Davidson, and Bill Boyd. The meeting was called to order by the Chairman, Mr. Pugh. Motion was made by Thurman Hogan, seconded by Bill Boyd to approve the minutes of December 7, 1981. This motion was unanimously approved. Motion was made by Kenyon Davidson, seconded by Thurman Hogan, to approve. the following resolution: RESOLUTION WHEREAS, Bobby J. Crumley was appointed County Manager and County Attorney as of January 1, 1982; and WHEREAS it is necessary that his signature be authorized for all County checks and other documents for the County of Randolph. NOW, THEREFORE, BE IT RESOLVED by the Randolph County Board of Commissioners that Bobby J. Crumley be authorized to sign all checks and other documents for the County of Randolph. This motion was unanimously approved. Billy Chilton, Tax Supervisor, presented a proposal for aerial photographs for tax purposes. Motion was made by Thurman Hogan, seconded by Bill Boyd to authorize the Tax Supervisor to proceed with requests for proposals for fur- nishing aerial photos for tax purposes. This motion was unanimously approved. Bob Wright, Wright & Kearns, Inc. presented the annual audit for Randolph County, year ending June 30, 1981. Motion was made by Kenyon Davidson, seconded by Bill Boyd to appoint:.the following to the Randolph County Health Board for three year terms and the motion was unanimously approved: Mickey Whitehead- re -appointment Fred Shoffner - re -appointment Floyd Langley - new appointment replacing Mrs. Rebecca Davis. Motion was made by Kenyon Davidson, seconded by Thurman Hogan, to appoint Margaret Womick to the Asheboro City Planning Board for a five year term. This motion was unanimously approved. Motion was made by Bill Boyd, seconded by Thurman Hogan to ammend the Mental Health Budget Ordinance and this motion was unanimously approved. (Included by reference.) Motion was made by Thurman Hogan, seconded by Bill Boyd to approve a resolution authorizing the sale of surplus county vehicles and this motion was unanimously approved. RES07;UTION AUTHORIZING THE DISPOSITION OF SURPLUS ..RANDOLPH BOUNTY VEHICLES Thurman Hogan moved the adoption of the following resolution: WHEREAS, the County of Randolph, N.C. has eleven vehicles which have become surplus property; and WHEREAS, the sale of eleven vehicles hereinafter described is in the best interest of the County. NOW, THEREFORE, BE IT RESOLVED, that at the Randolph County Courthouse, Asheboro, North Carolina, the following described County personal property will be sold at Public Auction: Car No. Make Serial Number 20 1981 Chev. Malibu 1G1AT69H6BD453115 21 1981 Chev. Malibu iGlAT69H1BD453135 59 1981 Chev. Malibu 1G1AT69H4BD453OO9 72 1981 Chev. Malibu 1G1AT69H7BD453OO9 79 1981 Ford 9H27H128978 82 1979 Ford 9H27H128982 83 1979 Ford 9H27H12898O 84 1979 Ford 9H27H128976 85 1979 Ford 9H27H128975 86 1979 Ford 9H27H134346 80 1979 Ford 9H27H128979 BE IT FURTHER RESOLVED that the property will be sold to the highest bidder, and confirmation of the sale will be made at the time of the Public Auction. Kenyon Davidson seconded the adoption of the above resolution and it was unanimously approved. Motion was made by Kenyon Davidson, seconded by Richard Pugh to accept the recommendation of the building committee to proceed with the addition of partitions in the Ira L. McDowell Center for the Fire Marshal and the Forestry Service. The Board also authorized the renovation of two offices in the courthouse for the Board of Elections and the Veteran's Services Officer. This motion was unanimously approved. A representative of Thi_• Randolph County Industrial Facilities and Pollution Control l-` —,Cine Authority (the "Authority") appeared b�for4"` thF ;C ar,'i and advlSed the r30ard of the Authority's proposed aCf:ptiorn of a bond resolution authorizina the issuance of a S2,OOO,OOO industrial re=venue bond and the execution and delivery orFinancing documents pertaining to the flnanc'nq Gt li:i UStrlal faCl.j. ?,tl.es ill Randolph Countv for Stu.=,rt F,;r:iture Industries, Inc. (tF:e "Company" -2- The representative submitted to the Board drafts of a Bond Purchase Agreement proposed to be entered into among the Authority, the Company, and The Planters National Bank (the "Bank"), a Loan Agreement between the Authority and the Company, an Assignment by the Authority to the Bank, a Deed of Trust and Security Agreement among the Company, the Trustee and the Authority and a Guaranty Agreement between the Company and the Bank. The representative fur- ther stated that the Bond Purchase Agreement set forth the terms of the industrial revenue bond financing, including the proposed issuance and sale of the bond to the Bank at a price of 1008 of the principal amount thereof and requested that the Board approve the issuance of the bond. Commissioner Hogan then introduced the following resolution which was read at length: WHEREAS, the Board of County Commissioners has created a political subdivision and 'body corporate and Politic of the State of North Carolina known as "The Randolph County Industrial Facilities and Pollution Control Financing Authority" (the "Authority"); and WHEREAS, the Authority is authorized under. the Industrial and Pollution Control Facilities Financing Act, Chapter 159C of the General Statutes of North Carolina, as amended (the "Act"), to issue revenue bonds for the Purpose, among others, of paying all or any part of the cost -3- of any industrial project for industry, to acquire, con- struct and equip any such project, and to make and execute financing agreements, security documents and other contracts and instruments necessary or convenient in the exercise of such powers; and WHEREAS, the Authority proposes to issue its $2,000,000 industrial revenue bond (the "Bond") and to loan the proceeds thereof to the Company to finance the acquisi- tion, construction, installation of industrial facilities in Randolph County, North Carolina (the "Project"); and WHEREAS, the Board has heretofore approved the Project in principle; and WHEREAS, the Act provides that no bonds shall be issued thereunder unless the issuance thereof shall have been approved by the governing body of the County and the Board desires to approve the issuance of the Bond by the Authority; and WHEREAS, the Board has considered the Bond Purchase Agreement presented to it setting forth the terms of the industrial- revenue bond financing; NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of the County of Randolph as follows: (1) The issuance of the Bond by the Authority is hereby approved. -4- (2) The Clerk of the Board of Commissioners is hereby authorized and directed to provide certified copies of this resolution to the Local Government Com- mission and to Bond Counsel. (3) This resolution shall take effect immediately upon its passage. Commissioner Hogan moved the passage of the foregoing resolution and Commissioner Boyd seconded the motion, and the resolution was passed by the following vote: AYES: 4 NAYS: 0 The meeting was adjourned by the Chairman. -5-