011513ss Agenda PackageHarnett County Board of Commissioners
Special Session
Tuesday, January 15, 2013
9:00 am
9:00 am Approval of Resolution of the Board of Commissioners of the Board of the
County of Harnett, North Carolina, Sitting as the Governing Body of the South
Central Water and Sewer District of Harnett County, Providing for the Issuance of
$3,449,000 GENERAL OBLIGATION WATER AND SEWER BONDS, SERIES 2013A,
$3,937,000 GENERAL OBLIGATION WATER AND SEWER BONDS, SERIES 2013B,
$3,239,000 GENERAL OBLIGATION WATER AND SEWER BONDS, SERIES 2013C and
$2,586,000 GENERAL OBLIGATION WATER AND SEWER BONDS, SERIES 2013D of
the South Central Water and Sewer District of Harnett County
9:15 am Discussion and consideration of a proposed Ordinance Establishing a
Whistleblower Policy, Dwight Snow
9:45 am Discussion regarding ground and special aviation service organization leases at
the Harnett Regional Jetport, Barry Blevins
10:15 am West Park Improvements and American Legion Land Acquisition, Carl Davis
10:45 am Boards and Committee representation by commissioners in 2013
11:00 am Finance Officer's Report, Sylvia Blinson
11:15 am January 22, 2013, Regular Meeting Agenda Review*
Emergency Services is requesting, on behalf of Flat Branch Fire Department,
authorization to purchase a new pumper /tanker, Gary Pope
11:45 am Closed session
*Please note the January 22, 2013, Regular Meeting agenda of the Harnett County Board of
Commissioners will be distributed for review at this special session. The agenda is neither
completed nor available for distribution until the morning of the special session.
Parker Poe Draft — 01/10/13
EXTRACTS FROM MINUTES OF BOARD OF COMMISSIONERS
A special meeting of the Board of Commissioners (the "Board") of the County of Harnett, North
Carolina was duly noticed and held on Tuesday, January 15, 2013, at 9:00 a.m. in the County
Commissioners' Meeting Room, Harnett County Administration Building, 102 East Front Street,
Lillington, North Carolina, Jim Burgin, Chairman of the Board of Commissioners of the County of
Harnett, North Carolina, presiding and the following Commissioners present:
Commissioners Present:
Commissioners Absent:
Commissioner introduced the following resolution, a summary of which had been
provided to each Commissioner, a copy of which was - available with the Clerk to the Board and which
was read by title:
RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE COUNTY OF HARNETT,
NORTH CAROLINA, SITTING AS THE GOVERNING BODY OF THE SOUTH CENTRAL
WATER AND SEWER DISTRICT OF HARNETT COUNTY, PROVIDING FOR THE
ISSUANCE OF $3,449,000 GENERAL OBLIGATION WATER AND SEWER BONDS,
SERIES 2013A, $3,937,000 GENERAL OBLIGATION WATER AND SEWER BONDS,
SERIES 2013B, $3,239,000 GENERAL OBLIGATION WATER AND SEWER BONDS,
SERIES 2013C AND $2,586,000 GENERAL OBLIGATION WATER AND SEWER BONDS,
SERIES 2013D OF THE SOUTH CENTRAL WATER AND SEWER DISTRICT OF HARNETT
COUNTY
BE IT RESOLVED by the Board of Commissioners (the "Board") of the County of Harnett, North
Carolina (the "County "), sitting as the governing body of the South Central Water and Sewer District of
Harnett County (the "District ") that:
Section 1. The Board, sitting as the governing body of the District, has determined and
hereby finds and declares as follows:
(a) The Board, sitting as the governing body of the District, adopted a bond
order authorizing $42,000,000 General Obligation Water and Sewer Bonds of the District
on December 2, 2002, which order was effective on approval by a majority of the voters
who voted thereon at a special referendum duly called and held on February 4, 2003, as
modified by an order adopted by the Board, sitting as the governing body of the District,
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on December 7, 2009 to extend the time period for issuing bonds under such order to
February 4, 2013.
(b) There is outstanding $13,211,000 General Obligation Water and Sewer
Bond Anticipation Notes, Series 2012B dated October 23, 2012, maturing
January 23, 2013, and bearing interest at the rate of 1.00% per annum, which notes were
issued in anticipation of the receipt of the proceeds of the sale of a like amount of bonds.
(d) It is necessary at this time for the District to issue (1) $3,449,000 of its
General Obligation Water and Sewer Bonds, Series 2013A (the "2013A Bonds "),
(2) $3,937,000 of its General Obligation Water and Sewer Bonds, Series 2013B (the
"2013B Bonds "), (3) $3,239,000 of its General Obligation Water and Sewer Bonds,
Series 2013C (the "2013C Bonds ") and (4) $2,586,000 of its General Obligation Water
and Sewer Bonds, Series 2013D (the "2013D Bonds," and together with the
2013A Bonds, the 2013B Bonds and the 2013C Bonds, the "Bonds "), the proceeds of
which will be applied to the payment of the outstanding notes at their maturities.
(e) The maximum period of usefulness of the District's water system
improvements to be financed or refinanced with the proceeds of the Bonds authorized
hereby is estimated as a period of 40 years from January 22, 2013, the anticipated date of
the Bonds, and such period expires on January 22, 2053.
Section 2.
(a) Pursuant to said order, there shall be issued one 2013A Bond in the
principal amount of $3,449,000, numbered RA -1, to be dated as of the date of delivery
thereof and to mature in annual installments on the first day of June in the following
years and in the following amounts:
YEAR OF PRINCIPAL YEAR OF PRINCIPAL YEAR OF PRINCIPAL YEAR OF PRINCIPAL
MATURITY AMOUNT MATURITY AMOUNT MATURITY AMOUNT MATURITY AMOUNT
2015 $50,000 2025 $67,000 2035 $91,000 2045 $124,000
2016 51,000 2026 69,000 2036 94,000 2046 128,000
2017 52,000 2027 71,000 2037 97,000 2047 132,000
2018 54,000 2028 73,000 2038 100,000 2048 136,000
2019 56,000 2029 76,000 2039 103,000 2049 140,000
2020 57,000 2030 78,000 2040 106,000 2050 145,000
2021 59,000 2031 81,000 2041 110,000 2051 149,000
2022 61,000 2032 83,000 2042 113,000 2052 104,000
2023 63,000 2033 86,000 2043 117,000
2024 65,000 2034 88,000 2044 120,000
The 2013A Bonds shall bear interest on the unpaid part of such principal at a rate
of 3.125% per annum until payment thereof, such interest to be payable on June 1, 2013,
and annually thereafter on the first day of June of each year until paid.
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(b) Pursuant to said order, there shall be issued one 2013B Bond in the
principal amount of $3,937,000, numbered RB -1, to be dated as of the date of delivery
thereof and to mature in annual installments on the first day of June in the following
years and in the following amounts:
YEAR OF PRINCIPAL YEAR OF PRINCIPAL YEAR OF PRINCIPAL YEAR OF PRINCIPAL
MATURITY AMOUNT MATURITY AMOUNT MATURITY AMOUNT MATURITY AMOUNT
2015 $56,000 2025 $76,000 2035 $103,000 2045 $140,000
2016 57,000 2026 78,000 2036 106,000 2046 144,000
2017 59,000 2027 80,000 2037 109,000 2047 149,000
2018 61,000 2028 83,000 2038 113,000 2048 153,000
2019 63,000 2029 85,000 2039 116,000 2049 158,000
2020 65,000 2030 88,000 2040 120,000 2050 163,000
2021 67,000 2031 91,000 2041 124,000 2051 168,000
2022 69,000 2032 94,000 2042 127,000 2052 164,000
2023 71,000 2033 97,000 2043 131,000
2024 73,000 2034 100,000 2044 136,000
The 2013B Bonds shall bear interest on the unpaid part of such principal at a rate
of 3.125% per annum until payment thereof, such interest to be payable on June 1, 2013,
and annually thereafter on the first day of June of each year until paid.
(c) Pursuant to said order, there shall be issued one 2013C Bond in the
principal amount of $3,239,000, numbered RC -1, to be dated as of the date of delivery
thereof and to mature in annual installments on the first day of June in the following
years and in the following amounts:
YEAR OF PRINCIPAL YEAR OF PRINCIPAL YEAR OF PRINCIPAL YEAR OF PRINCIPAL
MATURITY AMOUNT MATURITY AMOUNT MATURITY AMOUNT MATURITY AMOUNT
2015 $53,000 2025 $67,000 2035 $85,000 2045 $109,000
2016 53,000 2026 68,000 2036 88,000 2046 112,000
2017 55,000 2027 70,000 2037 90,000 2047 115,000
2018 56,000 2028 72,000 2038 92,000 2048 118,000
2019 58,000 2029 74,000 2039 94,000 2049 121,000
2020 59,000 2030 76,000 2040 97,000 2050 124,000
2021 60,000 2031 77,000 2041 99,000 2051 127,000
2022 62,000 2032 79,000 2042 102,000 2052 123,000
2023 64,000 2033 81,000 2043 104,000
2024 65,000 2034 83,000 2044 107,000
The 2013C Bonds shall bear interest on the unpaid part of such principal at a rate
of 2.50% per annum until payment thereof, such interest to be payable on June 1, 2013,
and annually thereafter on the first day of June of each year until paid.
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(d) Pursuant to said order, there shall be issued one 2013D Bond in the
principal amount of $2,586,000, numbered RD -1, to be dated as of the date of delivery
thereof and to mature in annual installments on the first day of June in the following
years and in the following amounts:
YEAR OF PRINCIPAL YEAR OF PRINCIPAL YEAR OF PRINCIPAL YEAR OF PRINCIPAL
MATURITY AMOUNT MATURITY AMOUNT MATURITY AMOUNT MATURITY AMOUNT
2015 $43,000 2025 $53,000 2035 $68,000 2045 $88,000
2016 43,000 2026 55,000 2036 70,000 2046 90,000
2017 44,000 2027 56,000 2037 72,000 2047 92,000
2018 45,000 2028 58,000 2038 74,000 2048 94,000
2019 46,000 2029 59,000 2039 76,000 2049 97,000
2020 47,000 2030 61,000 2040 77,000 2050 99,000
2021 48,000 2031 62,000 2041 79,000 2051 102,000
2022 50,000 2032 64,000 2042 81,000 2052 90,000
2023 51,000 2033 65,000 2043 83,000
2024 52,000 2034 67,000 2044 85,000
The 2013D Bonds shall bear interest on the unpaid part of such principal at a rate
of 2.50% per annum until payment thereof, such interest to be payable on June 1, 2013,
and annually thereafter on the first day of June of each year until paid.
(e) The Bonds shall be sold to the United States of America, acting by and
through Rural Utilities Service, an agency of the United States Department of Agriculture
(formerly Fanners Home Administration) ( "USDA "), by private sale in accordance with
Sections 7 and 8. The Bonds of a series shall not be defeased without written consent of
USDA during such time as USDA shall remain the registered owner of the Bonds of such
series.
The Bonds shall bear interest from the date on which they are authenticated.
The principal of and the interest and any redemption premium on the Bonds shall
be payable in any coin or currency of the United States of America which is legal tender
for the payment of public and private debts on the respective dates of payment thereof.
Payment of interest on the Bonds shall be made by the Bond Registrar
(hereinafter defined) on each interest payment date to the person appearing on the
registration books of the District hereinafter provided for as the registered owner of such
Bonds (or the previous Bond or Bonds evidencing the same debt as that evidenced by
such Bonds) at the close of business on the record date for such interest, which shall be
the 15th day (whether or not a business day) of the calendar month next preceding such
interest payment date. During the time that USDA is the registered owner of the Bonds
of a series, payment of the installments of principal and interest when due and payable on
the Bonds of such series shall be made at the office of such fiscal agent as USDA shall
designate without presentation or surrender thereof and, during any such time as an
assignee thereof is the registered owner of the Bonds of a series, payment of the
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installments of principal when due and payable on the Bonds of such series shall be made
at the corporate trust office of U.S. Bank National Association in Raleigh, North
Carolina, upon the presentation and surrender thereof, and payment of the interest when
due and payable on the Bonds of such series shall be made by check mailed to such
assignee at his address as it appears on the registration books of the District hereinafter
mentioned without the presentation or surrender thereof.
Section 3. The Bonds of a series may be redeemed, at the option of the District, as long as
USDA is the owner of the Bonds of such series, at any time prior to the maturity of any installment of the
principal thereof, either in whole or in part in the inverse order of the maturity dates of the installments of
principal, from any moneys that may be made available for such purpose, at the aggregate principal
amount of the installments of principal to be redeemed, together with the interest accrued thereon to the
date fixed for redemption, but without any premiums.
In case of a redemption of all or any part of the Bonds of a series, a notice of redemption shall be
sent by registered mail, mailed at least 40 days prior to the date fixed for redemption, addressed (a) during
the time that USDA is the owner of the Bonds of such series, to such other address as USDA may
designate by registered or certified mail forwarded to the District at least 50 days prior to any redemption
date, and (b) during any time as an assignee of USDA is the owner of the Bonds of such series, to the
address as it appears on the registration book of the District hereinafter mentioned.
On the date fixed for redemption, notice having been given in the manner and under the
conditions hereinabove provided, the Bonds or part thereof called for redemption shall be due and payable
at the redemption price provided therefor, plus accrued interest to such date. If moneys sufficient to pay
the redemption price of the Bonds or part thereof to be redeemed plus accrued interest thereon to the date
fixed for redemption are held at such place as USDA may designate (or, if the Bond or Bonds to be
redeemed shall have been assigned by USDA, at the corporate trust office of U.S. Bank National
Association in Raleigh, North Carolina, pursuant to Section 2 hereof) in trust for such purpose, interest on
the Bonds or part thereof called for redemption shall cease to accrue, such Bond, Bonds or part thereof
shall cease to be entitled to any benefits or security under this resolution or to be deemed outstanding, and
the registered owners of such Bond, Bonds or part thereof shall have no rights in respect thereof except to
receive payment of the redemption price thereof, plus accrued interest to the date of redemption.
If an installment of principal of the Bonds shall be redeemed, the Bond Registrar shall direct the
registered owner thereof to evidence such redemption by appropriate notation on a schedule to be
attached to such Bond for such purpose.
Section 4. The Bonds, on surrender thereof at the principal office or corporate trust office of
the Bond Registrar, together with an assignment duly executed by the registered owner or his attorney or
legal representative in such foam as shall be satisfactory to the Bond Registrar, may, at the option of the
registered owner thereof, be exchanged for Bonds having maturities corresponding to the maturities of the
installments of principal of such Bonds then unpaid issuable in fully registered founi in the denomination
of $1,000 or any integral multiple thereof, and bearing interest at the same rate.
The transfer of the Bond or Bonds may be registered by the registered owner thereof only upon
an execution of an assignment thereof duly executed by such registered owner or his attorney or legal
representative. Notice of such assignment shall be given promptly by the assignor to the Bond Registrar
by registered mail, such notice to be in such foam as shall be satisfactory to the Bond Registrar, and upon
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receipt of such notice, such Bond or Bonds shall be registered as to both principal and interest on such
registration books in the name of the assignee named in such notice.
The transfer of any bond issued in exchange for the Bond or Bonds as provided above may be
registered only upon the registration books of the District upon the surrender thereof to the Bond
Registrar together with an assignment duly executed by the registered owner or his attorney or legal
representative in such form as shall be satisfactory to the Bond Registrar. Upon any such registration of
transfer, the Bond Registrar shall authenticate and deliver in exchange for such Bond or Bonds a new
bond or bonds, registered in the name of the transferee, of any denomination or denominations authorized
by this resolution, in an aggregate principal amount equal to the unredeemed principal amount of such
Bond or Bonds so surrendered, of the same maturity and bearing interest at the same rate.
In all cases in which the Bond or Bonds shall be exchanged or the transfer of the Bond or Bonds
shall be registered hereunder and a new bond or bonds are to be delivered in exchange therefor, the Bond
Registrar shall authenticate and deliver at the earliest practicable time bonds in accordance with the
provisions of this resolution. All Bonds surrendered in any such exchange or registration of transfer shall
forthwith be canceled by the Bond Registrar. The Bond Registrar shall not be required to make any such
exchange or registration of transfer of (a) any Bond or Bonds during a period beginning at the opening of
business fifteen (15) days before the day of the mailing of a notice of redemption of Bonds or any portion
thereof and ending at the close of business on the day of such mailing or (b) any Bond or Bonds called for
redemption in whole or in part pursuant to Section 3 of this resolution.
As to any Bond, the person in whose name the same shall be registered shall be deemed and
regarded as the absolute owner thereof for all purposes, and payment of or on account of the principal or
redemption price of any such Bond and the interest on any such Bond shall be made only to or upon the
order of the registered owner thereof or his legal representative. All such payments shall be valid and
effectual to satisfy and discharge the liability upon such Bond, including the redemption premium, if any,
and interest thereon, to the extent of the sum or sums so paid.
The District shall appoint such registrars, transfer agents, depositaries or other agents as may be
necessary for the registration, registration of transfer and exchange of Bonds within a reasonable time
according to then current commercial standards and for the timely payment of installments of principal
and interest with respect to the Bond or Bonds. The Finance Officer of the County, acting on behalf of
the District, is hereby appointed the registrar, transfer agent and paying agent (the "Bond Registrar ") for
the Bonds, subject to the right of the governing body of the District to appoint another Bond Registrar,
and as such shall keep at his office the books of the District for the registration, registration of transfer,
exchange and payment of the Bonds as provided in this resolution; provided, however, that, in the event
that the Bond or Bonds of a series registered in the name of USDA are assigned, the paying agent with
respect to the Bond or Bonds of such series shall be U.S. Bank National Association, in the City of
Raleigh, North Carolina.
Section S. The Bonds shall bear the manual or facsimile signatures of the Chairman of the
Board (the "Chairman ") and the Clerk to the Board, both acting on behalf of the District, and the
corporate seal or a facsimile of the corporate seal of the District or the County shall be impressed or
imprinted, as the case may be, on the Bonds.
The certificate of the Local Government Commission of North Carolina to be endorsed on the
Bonds shall bear the manual or facsimile signature of the Secretary of said Commission, and the
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certificate of authentication of the Bond Registrar to be endorsed on the Bonds shall be executed as
provided hereinafter.
If any officer of the County, acting on behalf of the District, or the Local Government
Commission of North Carolina whose manual or facsimile signature appears on the Bonds ceases to be
such officer before the delivery of such Bonds, such manual or facsimile signature is nevertheless valid
and sufficient for purposes the same as if he had remained in office until such delivery, and the Bonds
may bear the manual or facsimile signatures of such persons as at the actual time of the execution of such
Bonds are the proper officers to sign such Bonds although at the date of such Bonds such persons may not
have been such officers.
No Bond is valid or obligatory for any purpose or entitled to any benefit or security under this
resolution until it has been authenticated by the execution by the Bond Registrar of the certificate of
authentication endorsed thereon.
The Bonds and the endorsements thereon shall be in substantially the form attached as Exhibit A
hereto.
Section 6. The County Manager or the Finance Officer of the County is hereby authorized
to execute on behalf of the District a no- arbitrage certificate to comply with Section 148 of the Internal
Revenue Code of 1986, as amended (the "Code "), and the applicable regulations promulgated thereunder.
The District covenants to take such action as may be required by such no- arbitrage certificate and as may
be required in the opinion of nationally recognized bond counsel to cause the Bonds and all actions of the
District with respect to the proceeds thereof to comply with the Code.
Section 7. The Local Government Commission of North Carolina is hereby requested to sell
the Bonds at private sale pursuant to G.S. 159 -123 to USDA, subject to the approval of the Chairman,
acting on behalf of the District; provided, however, that (1) the purchase price of the 2013A Bonds is at
least $3,449,000, and that the maximum interest rate does not exceed 3.125% per annum, (2) the purchase
price of the 2013B Bonds is at least $3,937,000, and that the maximum interest rate does not exceed
3.125% per annum, (3) the purchase price of the 2013C Bonds is at least $3,239,000, and that the
maximum interest rate does not exceed 2.50% per annum and (4) the purchase price of the 2013D Bonds
is at least $2,586,000, and that the maximum interest rate does not exceed 2.50% per annum
Section 8. The Finance Officer, acting on behalf of the District, is hereby authorized to
approve the purchase price of the Bonds and the rate of interest on the Bonds in connection with the
private sale of the Bonds, subject to the provisions of Section 7 of this resolution.
Section 9. This resolution may be amended or supplemented, from time to time, without the
consent of the holder of the Bonds if in the opinion of nationally recognized bond counsel, such
amendment or supplement would not adversely affect the interests of the registered owners of the Bonds
and would not cause the interest on the Bonds to be included in the gross income of a recipient thereof for
federal income tax purposes. This resolution may be amended or supplemented with the consent of the
registered owners of a majority in aggregate principal amount of the outstanding Bonds, but a
modification or amendment may not, without the express consent of any registered owner of Bonds
affected, reduce the principal amount of any Bonds, reduce the interest rate payable on it, extend its
maturity or the times for paying interest, change the monetary medium in which principal and interest is
payable, or reduce the percentage of consent required for amendment or modification.
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Any act done pursuant to a modification or amendment consented to by the registered owners of
the Bonds is binding on all holders of the Bonds and will not be deemed an infringement of any of the
provisions of this resolution, whatever the character of the act may be, and may be done and performed as
fully and freely as if expressly peiuiitted by the teuus of this resolution, and after consent has been given,
no registered owner of the Bonds has any right or interest to object to the action, to question its propriety
or to enjoin or restrain the District from taking any action pursuant to a modification or amendment.
If the District proposes an amendment or supplemental resolution to this resolution requiring the
consent of the registered owners of the Bonds, the District shall cause notice of the proposed amendment
to be sent to each registered owner by first -class mail, postage prepaid, to the address of such registered
owner as it appears on the registration books; but the failure to receive such notice by mail by any
registered owner, or any defect in the mailing thereof, will not affect the validity of any proceedings
pursuant hereto. Such notice shall briefly set forth the nature of the proposed amendment and shall state
that copies thereof are on file in the office of the Clerk to the Board for inspection by the registered
owners. If, within 60 days or such longer period as shall be prescribed by the District following the
giving of such notice, the registered owners of a majority in aggregate principal amount of the Bonds then
outstanding have consented to the proposed amendment, the amendment will be effective as of the date
stated in the notice.
Section 10. This resolution is effective on its passage.
On motion of Commissioner , seconded by Commissioner
, the foregoing resolution entitled "RESOLUTION OF THE BOARD OF
COMMISSIONERS OF THE COUNTY OF HARNETT, NORTH CAROLINA, SITTING AS THE GOVERNING
BODY OF THE SOUTH CENTRAL WATER AND SEWER DISTRICT OF HARNETT COUNTY, PROVIDING
FOR THE ISSUANCE OF $3,449,000 GENERAL OBLIGATION WATER AND SEWER BONDS,
SERIES 2013A, $3,937,000 GENERAL OBLIGATION WATER AND SEWER BONDS, SERIES 2013B,
$3,239,000 GENERAL OBLIGATION WATER AND SEWER BONDS, SERIES 2013C AND $2,586,000
GENERAL OBLIGATION WATER AND SEWER BONDS, SERIES 2013D OF THE SOUTH CENTRAL WATER
AND SEWER DISTRICT OF HARNETT COUNTY" was duly adopted by the following vote:
AYES:
NAYS:
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STATE OF NORTH CAROLINA
COUNTY OF HARNETT
)
)
)
SS:
I, MARGARET REGINA WHEELER, Clerk to the Board of Commissioners of the County of Harnett,
North Carolina, DO HEREBY CERTIFY that the foregoing is a true and exact copy of a resolution
entitled "RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE COUNTY OF HARNETT, NORTH
CAROLINA, SITTING AS THE GOVERNING BODY OF THE SOUTH CENTRAL WATER AND SEWER
DISTRICT OF HARNETT COUNTY, PROVIDING FOR THE ISSUANCE OF $3,449,000 GENERAL
OBLIGATION WATER AND SEWER BONDS, SERIES 2013A, $3,937,000 GENERAL OBLIGATION WATER
AND SEWER BONDS, SERIES 2013B, $3,239,000 GENERAL OBLIGATION WATER AND SEWER BONDS,
SERIES 2013C AND $2,586,000 GENERAL OBLIGATION WATER AND SEWER BONDS, SERIES 2013D OF
THE SOUTH CENTRAL WATER AND SEWER DISTRICT OF HARNETT COUNTY" adopted by the Board of
Commissioners of the County of Harnett, North Carolina at a special meeting duly held on the 15th day of
January, 2013.
WITNESS my hand and the corporate seal of the County of Harnett, North Carolina, this the
day of January, 2013.
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MARGARET REGINA WHEELER
Clerk to the Board of Commissioners
County of Harnett, North Carolina
EXHIBIT A
REGISTERED BOND WITHOUT COUPONS
(Registered as to both principal and interest)
UNITED STATES OF AMERICA
STATE OF NORTH CAROLINA
SOUTH CENTRAL WATER AND SEWER DISTRICT OF HARNETT COUNTY
GENERAL OBLIGATION WATER AND SEWER BONDS
SERIES 2013A
No. RA -1 $3,449,000
The South Central Water and Sewer District of Harnett County (the "District "), a water district in
the State of North Carolina, is justly indebted and for value received hereby promises to pay to the
UNITED STATES OF AMERICA
UNITED STATES DEPARTMENT OF AGRICULTURE,
RURAL DEVELOPMENT
or its registered assigns, the principal sum of
THREE MILLION FOUR HUNDRED FORTY -NINE THOUSAND DOLLARS
in annual installments on the 1 st day of June in the following years and amounts:
YEAR OF PRINCIPAL YEAR OF PRINCIPAL YEAR OF PRINCIPAL YEAR OF PRINCIPAL
MATURITY AMOUNT MATURITY AMOUNT MATURITY AMOUNT MATURITY AMOUNT
2015 $50,000 2025 $67,000 2035 $91,000 2045 $124,000
2016 51,000 2026 69,000 2036 94,000 2046 128,000
2017 52,000 2027 71,000 2037 97,000 2047 132,000
2018 54,000 2028 73,000 2038 100,000 2048 136,000
2019 56,000 2029 76,000 2039 103,000 2049 140,000
2020 57,000 2030 78,000 2040 106,000 2050 145,000
2021 59,000 2031 81,000 2041 110,000 2051 149,000
2022 61,000 2032 83,000 2042 113,000 2052 104,000
2023 63,000 2033 86,000 2043 117,000
2024 65,000 2034 88,000 2044 120,000
and to pay interest from the date hereof on the unpaid part of such principal sum at the rate of 3.125% per
annum until payment thereof, such interest to be payable on June 1, 2013, and annually thereafter on the
first day of June of each year until paid. The interest so payable on any such interest payment date will be
paid to the person in whose name this 2013A Bond is registered at the close of business on the record date
for such interest, which shall be the 15th day (whether or not a business day) of the calendar month next
preceding such interest payment date. Both the principal of and the interest on this 2013A Bond are
payable in any coin or currency of the United States of America which, at the respective date of payment
thereof, is legal tender for the payment of public and private debts.
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PPAB 2037876v3
During the time that the United States of America is the registered owner of this 2013A Bond,
payment of the installments of principal and interest when due and payable on this 2013A Bond shall be
made at the office of such fiscal agent as the United States of America shall designate without
presentation or surrender hereof and, during any such time as an assignee hereof is the registered owner of
this 2013A Bond, payment of the installments of principal when due and payable on this 2013A Bond
shall be made at the corporate trust office of U.S. Bank National Association, Raleigh, North Carolina, on
the presentation and surrender hereof, and payment of the interest when due and payable on this 2013A
Bond shall be made by check mailed to such assignee at his address as it appears on the Bond registration
books of the District hereinafter mentioned without the presentation or surrender hereof. On receipt of
said payments of principal and interest, written acknowledgment of the receipt thereof shall be given
promptly to the Bond Registrar hereinafter mentioned, and the District shall be fully discharged of its
obligation on this 2013A Bond to the extent of the payment so made. On final payment this 2013A Bond
shall be surrendered to the Bond Registrar for cancellation.
For the prompt payment hereof, both principal and interest as the same shall become due, the
faith and credit of said District is hereby irrevocably pledged.
This 2013A Bond is duly authorized and issued under and pursuant to The Local Government
Finance Act, Chapter 159, as amended, of the General Statutes of North Carolina, an order adopted by the
Board of Commissioners (the "Board") of the County of Harnett, North Carolina (the "County "), sitting
as the governing body of the District, which order was approved by the vote of a majority of the qualified
voters of the District who voted at a referendum duly called and held, and a resolution duly passed by the
Board, as amended (the "Resolution "), for the purpose of providing funds to finance certain
improvements to the water and sewer system of the District.
At the office of the Bond Registrar, in the manner and subject to the conditions provided in the
Resolution, this 2013A Bond may be exchanged for an equal aggregate principal amount of Bonds having
maturities corresponding to the maturities of the installments of principal of this 2013A Bond then
unpaid, issuable in fully registered form in the denomination of $1,000 or any integral multiple thereof
and bearing interest at the same rate.
This 2013A Bond is registered as to both principal and interest in the name of the United States of
America on books of the District kept by the Finance Officer of the County, acting on behalf of the
District, as Bond Registrar, and the transfer hereof may hereafter be registered by the registered owner
hereof only upon an execution of an assignment hereon duly executed by such registered owner or his
attorney or legal representative. Notice of such assignment shall be given promptly by the assignor to the
Bond Registrar by registered mail, such notice to be in such form as shall be satisfactory to the Bond
Registrar, and upon receipt of such notice this 2013A Bond shall be registered as to both principal and
interest on such registration books in the name of the assignee named in such notice.
This 2013A Bond or any part hereof at the time outstanding may be redeemed, at the option of
the District, as long as USDA is the owner of the Bonds, at any time prior to the maturity of any
installment of the principal thereof, either in whole or in part in the inverse order of the maturity dates of
the installments of principal, from any moneys that may be made available for such purpose, at the
aggregate principal amount of the installments of principal to be redeemed, together with the interest
accrued thereon to the date fixed for redemption, but without any premiums.
A -2
PPAB 2037876v3
On the date designated for redemption, notice having been given and moneys for payment of the
redemption price being held in trust for such purposes, all as provided in the Resolution, this 2013A Bond
or part hereof shall become and be due and payable, and the interest on this 2013A Bond or part hereof so
redeemed shall cease to accrue.
The Bond Registrar shall not be required to exchange or register any transfer of (a) any Bond
during a period beginning at the opening of business 15 days before the day of the mailing of a notice of
redemption of Bonds or any portion thereof and ending at the close of business on the day of such mailing
or (b) any Bond called for redemption in whole or in part pursuant to the Resolution.
It is hereby certified and recited that all acts, conditions and things required by the Constitution
and laws of North Carolina to happen, exist and be performed precedent to and in the issuance of this
2013A Bond have happened, exist and have been performed in regular and due form and time as so
required; that provision has been made for the levy and collection of a direct annual tax upon all taxable
property within said District sufficient to pay the principal of and the interest on this 2013A Bonds as the
same shall become due; and that the total indebtedness of the District, including this 2013A Bond, does
not exceed any constitutional or statutory limitation thereon.
IN WITNESS WHEREOF, the County of Harnett, North Carolina, by resolution duly passed by its
Board, sitting as the governing body of the District, has caused this 2013A Bond to be manually signed
by its Chairman and the Clerk to the Board, both acting on behalf of the District, and its corporate seal to
be impressed hereon, all as of the 22 ❑d day of January, 2013.
Chairman
Board of Commissioners
[SEAL]
Clerk to the Board of Commissioners
A -3
PPAB 2037876v3
CERTIFICATE OF LOCAL GOVERNMENT COMMISSION
The issuance of the within 2013A Bond has been approved under the provisions of The Local
Government Finance Act of North Carolina
By:
T. Vance Holloman
Secretary of the Local Government Commission
A -4
PPAB 2037876v3
CERTIFICATE OF AUTHENTICATION
This 2013A Bond is issued under the provisions of the within- mentioned Resolution.
Finance Officer of the County of Harnett,
North Carolina, as Bond Registrar
Date of authentication: January 22, 2013
A -5
PPAB 2037876v3
Authorized Signature
ASSIGNMENT
FOR VALUE RECEIVED the undersigned registered owner thereof hereby sells, assigns and
transfers unto
Bond and all rights thereunder and hereby irrevocably constitutes and appoints
the within
attorney to register the transfer of said Bond on the books kept for registration thereof, with full power of
substitution in the premises.
Dated:
In the Presence of:
NOTICE: The signature must be guaranteed by
an officer of a commercial bank, trust company,
or by a member firm of The New York Stock
Exchange or other national securities exchange.
Notarized or witnessed signatures are not
acceptable.
A -6
PPAB 2037876v3
NOTICE: The signature to this assignment must
correspond with the name as it appears upon the
face of the within Bond in every particular,
without alteration of enlargement or any change
whatever.
EXHIBIT B
REGISTERED BOND WITHOUT COUPONS
(Registered as to both principal and interest)
UNITED STATES OF AMERICA
STATE OF NORTH CAROLINA
SOUTH CENTRAL WATER AND SEWER DISTRICT OF HARNETT COUNTY
GENERAL OBLIGATION WATER AND SEWER BONDS
SERIES 2013B
No. RB -1 $3,937,000
The South Central Water and Sewer District of Harnett County (the "District "), a water district in
the State of North Carolina, is justly indebted and for value received hereby promises to pay to the
UNITED STATES OF AMERICA
UNITED STATES DEPARTMENT OF AGRICULTURE,
RURAL DEVELOPMENT
or its registered assigns, the principal sum of
THREE MILLION NINE HUNDRED THIRTY -SEVEN THOUSAND DOLLARS
in annual installments on the V' day of June in the following years and amounts:
YEAR OF PRINCIPAL YEAR OF PRINCIPAL YEAR OF PRINCIPAL YEAR OF PRINCIPAL
MATURITY AMOUNT MATURITY AMOUNT MATURITY AMOUNT MATURITY AMOUNT
2015 $56,000 2025 $76,000 2035 $103,000 2045 $140,000
2016 57,000 2026 78,000 2036 106,000 2046 144,000
2017 59,000 2027 80,000 2037 109,000 2047 149,000
2018 61,000 2028 83,000 2038 113,000 2048 153,000
2019 63,000 2029 85,000 2039 116,000 2049 158,000
2020 65,000 2030 88,000 2040 120,000 2050 163,000
2021 67,000 2031 91,000 2041 124,000 2051 168,000
2022 69,000 2032 94,000 2042 127,000 2052 164,000
2023 71,000 2033 97,000 2043 131,000
2024 73,000 2034 100,000 2044 136,000
and to pay interest from the date hereof on the unpaid part of such principal sum at the rate of 3.125% per
annum until payment thereof, such interest to be payable on June 1, 2013, and annually thereafter on the
first day of June of each year until paid. The interest so payable on any such interest payment date will be
paid to the person in whose name this 2013B Bond is registered at the close of business on the record date
for such interest, which shall be the 15th day (whether or not a business day) of the calendar month next
preceding such interest payment date. Both the principal of and the interest on this 2013B Bond are
payable in any coin or currency of the United States of America which, at the respective date of payment
thereof, is legal tender for the payment of public and private debts.
B -1
PPAB 2037876v3
During the time that the United States of America is the registered owner of this 2013B Bond,
payment of the installments of principal and interest when due and payable on this 2013B Bond shall be
made at the office of such fiscal agent as the United States of America shall designate without
presentation or surrender hereof and, during any such time as an assignee hereof is the registered owner of
this 2013B Bond, payment of the installments of principal when due and payable on this 2013B Bond
shall be made at the corporate trust office of U.S. Bank National Association, Raleigh, North Carolina, on
the presentation and surrender hereof, and payment of the interest when due and payable on this 2013B
Bond shall be made by check mailed to such assignee at his address as it appears on the Bond registration
books of the District hereinafter mentioned without the presentation or surrender hereof. On receipt of
said payments of principal and interest, written acknowledgment of the receipt thereof shall be given
promptly to the Bond Registrar hereinafter mentioned, and the District shall be fully discharged of its
obligation on this 2013B Bond to the extent of the payment so made. On final payment this 2013B Bond
shall be surrendered to the Bond Registrar for cancellation.
For the prompt payment hereof, both principal and interest as the same shall become due, the
faith and credit of said District is hereby irrevocably pledged.
This 2013B Bond is duly authorized and issued under and pursuant to The Local Government
Finance Act, Chapter 159, as amended, of the General Statutes of North Carolina, an order adopted by the
Board of Commissioners (the "Board") of the County of Harnett, North Carolina (the "County "), sitting
as the governing body of the District, which order was approved by the vote of a majority of the qualified
voters of the District who voted at a referendum duly called and held, and a resolution duly passed by the
Board, as amended (the "Resolution "), for the purpose of providing funds to finance certain
improvements to the water and sewer system of the District.
At the office of the Bond Registrar, in the manner and subject to the conditions provided in the
Resolution, this 2013B Bond may be exchanged for an equal aggregate principal amount of Bonds having
maturities corresponding to the maturities of the installments of principal of this 2013B Bond then
unpaid, issuable in fully registered form in the denomination of $1,000 or any integral multiple thereof
and bearing interest at the same rate.
This 2013B Bond is registered as to both principal and interest in the name of the United States of
America on books of the District kept by the Finance Officer of the County, acting on behalf of the
District, as Bond Registrar, and the transfer hereof may hereafter be registered by the registered owner
hereof only upon an execution of an assignment hereon duly executed by such registered owner or his
attorney or legal representative. Notice of such assignment shall be given promptly by the assignor to the
Bond Registrar by registered mail, such notice to be in such form as shall be satisfactory to the Bond
Registrar, and upon receipt of such notice this 2013B Bond shall be registered as to both principal and
interest on such registration books in the name of the assignee named in such notice.
This 2013B Bond or any part hereof at the time outstanding may be redeemed, at the option of the
District, as long as USDA is the owner of the Bonds, at any time prior to the maturity of any installment
of the principal thereof, either in whole or in part in the inverse order of the maturity dates of the
installments of principal, from any moneys that may be made available for such purpose, at the aggregate
principal amount of the installments of principal to be redeemed, together with the interest accrued
thereon to the date fixed for redemption, but without any premiums.
B -2
PPAB 2037876v3
On the date designated for redemption, notice having been given and moneys for payment of the
redemption price being held in trust for such purposes, all as provided in the Resolution, this 2013B Bond
or part hereof shall become and be due and payable, and the interest on this 2013B Bond or part hereof so
redeemed shall cease to accrue.
The Bond Registrar shall not be required to exchange or register any transfer of (a) any Bond
during a period beginning at the opening of business 15 days before the day of the mailing of a notice of
redemption of Bonds or any portion thereof and ending at the close of business on the day of such mailing
or (b) any Bond called for redemption in whole or in part pursuant to the Resolution.
It is hereby certified and recited that all acts, conditions and things required by the Constitution
and laws of North Carolina to happen, exist and be performed precedent to and in the issuance of this
2013B Bond have happened, exist and have been performed in regular and due fonu and time as so
required; that provision has been made for the levy and collection of a direct annual tax upon all taxable
property within said District sufficient to pay the principal of and the interest on this 2013B Bonds as the
same shall become due; and that the total indebtedness of the District, including this 2013B Bond, does
not exceed any constitutional or statutory limitation thereon.
IN WITNESS WHEREOF, the County of Harnett, North Carolina, by resolution duly passed by its
Board, sitting as the governing body of the District, has caused this 2013B Bond to be manually signed by
its Chairman and the Clerk to the Board, both acting on behalf of the District, and its corporate seal to be
impressed hereon, all as of the 22nd day of January, 2013.
Chairman
Board of Commissioners
[SEAL]
Clerk to the Board of Commissioners
B -3
PPAB 2037876v3
CERTIFICATE OF LOCAL GOVERNMENT COMMISSION
The issuance of the within 2013B Bond has been approved under the provisions of The Local
Government Finance Act of North Carolina
By:
T. Vance Holloman
Secretary of the Local Government Commission
B -4
PPAB 2037876v3
CERTIFICATE OF AUTHENTICATION
This 2013B Bond is issued under the provisions of the within - mentioned Resolution.
Finance Officer of the County of Harnett,
North Carolina, as Bond Registrar
Date of authentication: January 22, 2013
B -5
PPAB 2037876v3
Authorized Signature
ASSIGNMENT
FOR VALUE RECEIVED the undersigned registered owner thereof hereby sells, assigns and
transfers unto
Bond and all rights thereunder and hereby irrevocably constitutes and appoints
the within
attorney to register the transfer of said Bond on the books kept for registration thereof, with full power of
substitution in the premises.
Dated:
In the Presence of:
NOTICE: The signature must be guaranteed by
an officer of a commercial bank, trust company,
or by a member film of The New York Stock
Exchange or other national securities exchange.
Notarized or witnessed signatures are not
acceptable.
B -6
PPAB 2037876v3
NOTICE: The signature to this assignment must
correspond with the name as it appears upon the
face of the within Bond in every particular,
without alteration of enlargement or any change
whatever.
EXHIBIT C
REGISTERED BOND WITHOUT COUPONS
(Registered as to both principal and interest)
UNITED STATES OF AMERICA
STATE OF NORTH CAROLINA
SOUTH CENTRAL WATER AND SEWER DISTRICT OF HARNETT COUNTY
GENERAL OBLIGATION WATER AND SEWER BONDS
SERIES 2013C
No. RC -1 $3,239,000
The South Central Water and Sewer District of Harnett County (the "District "), a water district in
the State of North Carolina, is justly indebted and for value received hereby promises to pay to the
UNITED STATES OF AMERICA
UNITED STATES DEPARTMENT OF AGRICULTURE,
RURAL DEVELOPMENT
or its registered assigns, the principal sum of
THREE MILLION TWO HUNDRED THIRTY -NINE THOUSAND DOLLARS
in annual installments on the 1 st day of June in the following years and amounts:
YEAR OF PRINCIPAL YEAR OF PRINCIPAL YEAR OF PRINCIPAL YEAR OF PRINCIPAL
MATURITY AMOUNT MATURITY AMOUNT MATURITY AMOUNT MATURITY AMOUNT
2015 $53,000 2025 $67,000 2035 $85,000 2045 $109,000
2016 53,000 2026 68,000 2036 88,000 2046 112,000
2017 55,000 2027 70,000 2037 90,000 2047 115,000
2018 56,000 2028 72,000 2038 92,000 2048 118,000
2019 58,000 2029 74,000 2039 94,000 2049 121,000
2020 59,000 2030 76,000 2040 97,000 2050 124,000
2021 60,000 2031 77,000 2041 99,000 2051 127,000
2022 62,000 2032 79,000 2042 102,000 2052 123,000
2023 64,000 2033 81,000 2043 104,000
2024 65,000 2034 83,000 2044 107,000
and to pay interest from the date hereof on the unpaid part of such principal sum at the rate of 2.50% per
annum until payment thereof, such interest to be payable on June 1, 2013, and annually thereafter on the
first day of June of each year until paid. The interest so payable on any such interest payment date will be
paid to the person in whose name this 2013C Bond is registered at the close of business on the record date
for such interest, which shall be the 15t'' day (whether or not a business day) of the calendar month next
preceding such interest payment date. Both the principal of and the interest on this 2013C Bond are
payable in any coin or currency of the United States of America which, at the respective date of payment
thereof, is legal tender for the payment of public and private debts.
C -1
PPAB 2037876v3
During the time that the United States of America is the registered owner of this 2013C Bond,
payment of the installments of principal and interest when due and payable on this 2013C Bond shall be
made at the office of such fiscal agent as the United States of America shall designate without
presentation or surrender hereof and, during any such time as an assignee hereof is the registered owner of
this 2013C Bond, payment of the installments of principal when due and payable on this 2013C Bond
shall be made at the corporate trust office of U.S. Bank National Association, Raleigh, North Carolina, on
the presentation and surrender hereof, and payment of the interest when due and payable on this 2013C
Bond shall be made by check mailed to such assignee at his address as it appears on the Bond registration
books of the District hereinafter mentioned without the presentation or surrender hereof. On receipt of
said payments of principal and interest, written acknowledgment of the receipt thereof shall be given
promptly to the Bond Registrar hereinafter mentioned, and the District shall be fully discharged of its
obligation on this 2013C Bond to the extent of the payment so made. On final payment this 2013C Bond
shall be surrendered to the Bond Registrar for cancellation.
For the prompt payment hereof, both principal and interest as the same shall become due, the
faith and credit of said District is hereby irrevocably pledged.
This 2013C Bond is duly authorized and issued under and pursuant to The Local Government
Finance Act, Chapter 159, as amended, of the General Statutes of North Carolina, an order adopted by the
Board of Commissioners (the "Board") of the County of Harnett, North Carolina (the "County "), sitting
as the governing body of the District, which order was approved by the vote of a majority of the qualified
voters of the District who voted at a referendum duly called and held, and a resolution duly passed by the
Board, as amended (the "Resolution "), for the purpose of providing funds to finance certain
improvements to the water and sewer system of the District.
At the office of the Bond Registrar, in the manner and subject to the conditions provided in the
Resolution, this 2013C Bond may be exchanged for an equal aggregate principal amount of Bonds having
maturities corresponding to the maturities of the installments of principal of this 2013C Bond then
unpaid, issuable in fully registered foiin in the denomination of $1,000 or any integral multiple thereof
and bearing interest at the same rate.
This 2013C Bond is registered as to both principal and interest in the name of the United States of
America on books of the District kept by the Finance Officer of the County, acting on behalf of the
District, as Bond Registrar, and the transfer hereof may hereafter be registered by the registered owner
hereof only upon an execution of an assignment hereon duly executed by such registered owner or his
attorney or legal representative. Notice of such assignment shall be given promptly by the assignor to the
Bond Registrar by registered mail, such notice to be in such form as shall be satisfactory to the Bond
Registrar, and upon receipt of such notice this 2013C Bond shall be registered as to both principal and
interest on such registration books in the name of the assignee named in such notice.
This 2013C Bond or any part hereof at the time outstanding may be redeemed, at the option of the
District, as long as USDA is the owner of the Bonds, at any time prior to the maturity of any installment
of the principal thereof, either in whole or in part in the inverse order of the maturity dates of the
installments of principal, from any moneys that may be made available for such purpose, at the aggregate
principal amount of the installments of principal to be redeemed, together with the interest accrued
thereon to the date fixed for redemption, but without any premiums.
C -2
PPAB 2037876v3
On the date designated for redemption, notice having been given and moneys for payment of the
redemption price being held in trust for such purposes, all as provided in the Resolution, this 2013C Bond
or part hereof shall become and be due and payable, and the interest on this 2013C Bond or part hereof so
redeemed shall cease to accrue.
The Bond Registrar shall not be required to exchange or register any transfer of (a) any Bond
during a period beginning at the opening of business 15 days before the day of the mailing of a notice of
redemption of Bonds or any portion thereof and ending at the close of business on the day of such mailing
or (b) any Bond called for redemption in whole or in part pursuant to the Resolution.
It is hereby certified and recited that all acts, conditions and things required by the Constitution
and laws of North Carolina to happen, exist and be performed precedent to and in the issuance of this
2013C Bond have happened, exist and have been performed in regular and due foini and time as so
required; that provision has been made for the levy and collection of a direct annual tax upon all taxable
property within said District sufficient to pay the principal of and the interest on this 2013C Bonds as the
same shall become due; and that the total indebtedness of the District, including this 2013C Bond, does
not exceed any constitutional or statutory limitation thereon.
IN WITNESS WHEREOF, the County of Harnett, North Carolina, by resolution duly passed by its
Board, sitting as the governing body of the District, has caused this 2013C Bond to be manually signed by
its Chairman and the Clerk to the Board, both acting on behalf of the District, and its corporate seal to be
impressed hereon, all as of the 22nd day of January, 2013.
Chairman
Board of Commissioners
[SEAL]
Clerk to the Board of Commissioners
C -3
PPAB 2037876v3
CERTIFICATE OF LOCAL GOVERNMENT COMMISSION
The issuance of the within 2013C Bond has been approved under the provisions of The Local
Government Finance Act of North Carolina
By:
T. Vance Holloman
Secretary of the Local Government Commission
C -4
PPAB 2037876v3
CERTIFICATE OF AUTHENTICATION
This 2013C Bond is issued under the provisions of the within - mentioned Resolution.
Finance Officer of the County of Harnett,
North Carolina, as Bond Registrar
Date of authentication: January 22, 2013
C -5
PPAB 2037876v3
Authorized Signature
ASSIGNMENT
FOR VALUE RECEIVED the undersigned registered owner thereof hereby sells, assigns and
transfers unto
Bond and all rights thereunder and hereby irrevocably constitutes and appoints
the within
attorney to register the transfer of said Bond on the books kept for registration thereof, with full power of
substitution in the premises.
Dated:
In the Presence of:
NOTICE: The signature must be guaranteed by
an officer of a commercial bank, trust company,
or by a member firm of The New York Stock
Exchange or other national securities exchange.
Notarized or witnessed signatures are not
acceptable.
C -6
PPAB 2037876v3
NOTICE: The signature to this assignment must
correspond with the name as it appears upon the
face of the within Bond in every particular,
without alteration of enlargement or any change
whatever.
EXHIBIT D
REGISTERED BOND WITHOUT COUPONS
(Registered as to both principal and interest)
UNITED STATES OF AMERICA
STATE OF NORTH CAROLINA
SOUTH CENTRAL WATER AND SEWER DISTRICT OF HARNETT COUNTY
GENERAL OBLIGATION WATER AND SEWER BONDS
SERIES 2013D
No. RD -1 $2,586,000
The South Central Water and Sewer District of Harnett County (the "District "), a water district in
the State of North Carolina, is justly indebted and for value received hereby promises to pay to the
UNITED STATES OF AMERICA
UNITED STATES DEPARTMENT OF AGRICULTURE,
RURAL DEVELOPMENT
or its registered assigns, the principal sum of
TWO MILLION FIVE HUNDRED EIGHTY -SIX THOUSAND DOLLARS
in annual installments on the 1 s` day of June in the following years and amounts:
YEAR OF PRINCIPAL YEAR OF PRINCIPAL YEAR OF PRINCIPAL YEAR OF PRINCIPAL
MATURITY AMOUNT MATURITY AMOUNT MATURITY AMOUNT MATURITY AMOUNT
2015 $43,000 2025 $53,000 2035 $68,000 2045 $88,000
2016 43,000 2026 55,000 2036 70,000 2046 90,000
2017 44,000 2027 56,000 2037 72,000 2047 92,000
2018 45,000 2028 58,000 2038 74,000 2048 94,000
2019 46,000 2029 59,000 2039 76,000 2049 97,000
2020 47,000 2030 61,000 2040 77,000 2050 99,000
2021 48,000 2031 62,000 2041 79,000 2051 102,000
2022 50,000 2032 64,000 2042 81,000 2052 90,000
2023 51,000 2033 65,000 2043 83,000
2024 52,000 2034 67,000 2044 85,000
and to pay interest from the date hereof on the unpaid part of such principal sum at the rate of 2.50% per
annum until payment thereof, such interest to be payable on June 1, 2013, and annually thereafter on the
first day of June of each year until paid. The interest so payable on any such interest payment date will be
paid to the person in whose name this 2013D Bond is registered at the close of business on the record date
for such interest, which shall be the 15`x' day (whether or not a business day) of the calendar month next
preceding such interest payment date. Both the principal of and the interest on this 2013D Bond are
payable in any coin or currency of the United States of America which, at the respective date of payment
thereof, is legal tender for the payment of public and private debts.
D -1
PPAB 2037876v3
During the time that the United States of America is the registered owner of this 2013D Bond,
payment of the installments of principal and interest when due and payable on this 2013D Bond shall be
made at the office of such fiscal agent as the United States of America shall designate without
presentation or surrender hereof and, during any such time as an assignee hereof is the registered owner of
this 2013D Bond, payment of the installments of principal when due and payable on this 2013D Bond
shall be made at the corporate trust office of U.S. Bank National Association, Raleigh, North Carolina, on
the presentation and surrender hereof, and payment of the interest when due and payable on this 2013D
Bond shall be made by check mailed to such assignee at his address as it appears on the Bond registration
books of the District hereinafter mentioned without the presentation or surrender hereof. On receipt of
said payments of principal and interest, written acknowledgment of the receipt thereof shall be given
promptly to the Bond Registrar hereinafter mentioned, and the District shall be fully discharged of its
obligation on this 2013D Bond to the extent of the payment so made. On final payment this 2013D Bond
shall be surrendered to the Bond Registrar for cancellation.
For the prompt payment hereof, both principal and interest as the same shall become due, the
faith and credit of said District is hereby irrevocably pledged.
This 2013D Bond is duly authorized and issued under and pursuant to The Local Government
Finance Act, Chapter 159, as amended, of the General Statutes of North Carolina, an order adopted by the
Board of Commissioners (the "Board") of the County of Harnett, North Carolina (the "County "), sitting
as the governing body of the District, which order was approved by the vote of a majority of the qualified
voters of the District who voted at a referendum duly called and held, and a resolution duly passed by the
Board, as amended (the "Resolution "), for the purpose of providing funds to finance certain
improvements to the water and sewer system of the District.
At the office of the Bond Registrar, in the manner and subject to the conditions provided in the
Resolution, this 2013D Bond may be exchanged for an equal aggregate principal amount of Bonds having
maturities corresponding to the maturities of the installments of principal of this 2013D Bond then
unpaid, issuable in fully registered form in the denomination of $1,000 or any integral multiple thereof
and bearing interest at the same rate.
This 2013D Bond is registered as to both principal and interest in the name of the United States of
America on books of the District kept by the Finance Officer of the County, acting on behalf of the
District, as Bond Registrar, and the transfer hereof may hereafter be registered by the registered owner
hereof only upon an execution of an assignment hereon duly executed by such registered owner or his
attorney or legal representative. Notice of such assignment shall be given promptly by the assignor to the
Bond Registrar by registered mail, such notice to be in such form as shall be satisfactory to the Bond
Registrar, and upon receipt of such notice this 2013D Bond shall be registered as to both principal and
interest on such registration books in the name of the assignee named in such notice.
This 2013D Bond or any part hereof at the time outstanding may be redeemed, at the option of
the District, as long as USDA is the owner of the Bonds, at any time prior to the maturity of any
installment of the principal thereof, either in whole or in part in the inverse order of the maturity dates of
the installments of principal, from any moneys that may be made available for such purpose, at the
aggregate principal amount of the installments of principal to be redeemed, together with the interest
accrued thereon to the date fixed for redemption, but without any premiums.
On the date designated for redemption, notice having been given and moneys for payment of the
redemption price being held in trust for such purposes, all as provided in the Resolution, this 2013D Bond
D -2
PPAB 2037876v3
or part hereof shall become and be due and payable, and the interest on this 2013D Bond or part hereof so
redeemed shall cease to accrue.
The Bond Registrar shall not be required to exchange or register any transfer of (a) any Bond
during a period beginning at the opening of business 15 days before the day of the mailing of a notice of
redemption of Bonds or any portion thereof and ending at the close of business on the day of such mailing
or (b) any Bond called for redemption in whole or in part pursuant to the Resolution.
It is hereby certified and recited that all acts, conditions and things required by the Constitution
and laws of North Carolina to happen, exist and be performed precedent to and in the issuance of this
2013D Bond have happened, exist and have been performed in regular and due foi in and time as so
required; that provision has been made for the levy and collection of a direct annual tax upon all taxable
property within said District sufficient to pay the principal of and the interest on this 201 3D Bonds as the
same shall become due; and that the total indebtedness of the District, including this 2013D Bond, does
not exceed any constitutional or statutory limitation thereon.
IN WITNESS WHEREOF, the County of Harnett, North Carolina, by resolution duly passed by its
Board, sitting as the governing body of the District, has caused this 2013D Bond to be manually signed
by its Chairman and the Clerk to the Board, both acting on behalf of the District, and its corporate seal to
be impressed hereon, all as of the 22nd day of January, 2013.
Chairman
Board of Commissioners
[SEAL]
Clerk to the Board of Commissioners
D -3
PPAB 2037876v3
CERTIFICATE OF LOCAL GOVERNMENT COMMISSION
The issuance of the within 2013D Bond has been approved under the provisions of The Local
Government Finance Act of North Carolina
By:
T. Vance Holloman
Secretary of the Local Government Commission
D -4
PPAB 2037876v3
CERTIFICATE OF AUTHENTICATION
This 2013D Bond is issued under the provisions of the within- mentioned Resolution.
Finance Officer of the County of Harnett,
North Carolina, as Bond Registrar
Date of authentication: January 22, 2013
D -5
PPAB 2037876v3
Authorized Signature
ASSIGNMENT
FOR VALUE RECEIVED the undersigned registered owner thereof hereby sells, assigns and
transfers unto
Bond and all rights thereunder and hereby irrevocably constitutes and appoints
the within
attorney to register the transfer of said Bond on the books kept for registration thereof, with full power of
substitution in the premises.
Dated:
In the Presence of:
NOTICE: The signature must be guaranteed by
an officer of a commercial bank, trust company,
or by a member firm of The New York Stock
Exchange or other national securities exchange.
Notarized or witnessed signatures are not
acceptable.
D -6
PPAB 2037876v3
NOTICE: The signature to this assignment must
correspond with the name as it appears upon the
face of the within Bond in every particular,
without alteration of enlargement or any change
whatever.
AN ORDINANCE ESTABLISHING A
WHISTI FBLOWER POLICY FOR HARNETT COUNTY
Purpose
Harnett County is committed to the highest standards of moral and ethical behavior by its
employees, administrators, and elected officials. The purpose of this policy is to prohibit
dishonest acts and/or fraudulent activity and to advise employees, administrators, and elected
officials of their responsibility to report suspected fraudulent activity to the appropriate County
office. In addition, this policy assigns responsibility for the development of adequate internal
controls and performance of investigations relating to fraud.
Scope of Policy
This applies to any fraud, or suspected fraud, involving employees, administrators, and elected
officials, as well as consultants, vendors, contractors, outside agencies, and/or any other parties
having a business relationship with Harnett County. This policy also applies to employees of
local boards, agencies and commissions over which the Board has authority to require general
policies to be followed.
Policy
The Harnett County Administration and all levels of management are responsible for the
prevention and detection of fraud, misappropriations, and other inappropriate conduct. Fraud is
defined in this policy as a willful or deliberate act or failure to act with the intention of obtaining
an unauthorized benefit. Any fraud that is detected or suspected will be reported immediately to
the Harnett County Legal Staff, which will conduct an objective and impartial investigation into
the fraudulent activity, along with other applicable departments and/or law enforcement
agencies, as deemed necessary or appropriate. Any individual found to have engaged in
fraudulent activity, as defined by this policy, is subject to disciplinary action by Harnett County,
which may include dismissal, as well as prosecution by appropriate Iaw enforcement authorities
and any other civil remedies allowed by Iaw. The Harnett County Legal Staff is defined as the
County Attorney and the County Iegal department senior attorney. It is noted that it is the
responsibility of the County Legal Staff to notify the County Manager of pending investigations.
Actions Constituting Fraud
As used in this policy, the term "fraud" includes, but is not limited to, the following:
• Any dishonest or fraudulent act;
• Forgery or alteration of a check, bank draft, or any other financial document or account:
• Misappropriation of funds, securities, supplies, or other assets;
• Impropriety in the handling or reporting of money or financial transactions;
• Accepting or seeking anything of material value from vendors, contractors, or other
persons providing services /materials to the County;
• Using County funds to make unauthorized purchases;
• Authorizing or receiving compensation for hours not worked;
• Any similar or related inappropriate conduct.
Other Inappropriate Conduct
Suspected improprieties concerning an employee's moral, ethical, or behavioral conduct should
be resolved by departmental management and Human Resources rather than the County Legal
Staff. If there is a question as to whether an action constitutes fraud, contact the County Legal
Staff for guidance.
Duties and Responsibilities
Employees, supervisors, department heads and administrators at all levels are responsible for
setting the appropriate tone of tolerance for fraudulent acts by complying with all laws, rules,
regulations and policies. Department heads, supervisors, and elected officials should be aware of
the types of fraud that could occur within their area of responsibility and should be alert for any
indication of fraud. Department heads, supervisors, and elected officials are responsible for
establishing and maintaining proper internal controls that will provide for the security and
accountability of the resources entrusted to them.
Reporting Procedures
Any employee of Harnett County who has a reasonable basis for believing a fraudulent act has
occurred, or is occurring, has a responsibility to promptly notify their supervisor, Department
head, or the County Legal Staff. Supervisors, elected officials, and/or Department heads have a
responsibility to immediately notify the County Legal Staff of fraudulent activity reported to
them by employees. Reporting options are as follows; (1) via anonymous internet reporting link
that will be available on the Harnett County website (www.harnett.org) or (2) via written notice
sent to the attention of the County Legal Staff. Insofar as possible, the confidentiality of the
whistleblower will be maintained. However, identity may have to be disclosed to conduct a
thorough investigation, to comply with the law, and to provide accused individuals their legal
right of defense.
Harnett County will not retaliate against a whistleblower
No person acting on behalf of the County shall:
• Dismiss, or threaten to dismiss, any employee;
• Discipline, suspend. or threaten to discipline or suspend an employee;
• Impose any penalty upon an employee; or
• Intimidate or coerce an employee
2
because the employee has acted in accordance with the requirements of this policy. However, it
shall also be a violation of this policy for any informant to make a baseless allegation of
fraudulent activity that is made with reckless disregard for truth and that is intended to be
disruptive or to cause harm to another individual. Any violation of this section will result in
disciplinary action which may include dismissal.
Persons reporting suspected fraudulent activity should refrain from confrontation with the
suspect and should not discuss the matter with others unless specifically asked to do so by the
County Legal Staff.
Investigative Procedures
The County Legal Staff has the primary responsibility for investigating the reported fraudulent
activity; however, the County Legal Staff may contact other individuals (such as a Department
Head, member of Management Team, etc.) as deemed appropriate to establish a team to
investigate the suspected fraudulent activity.
Members of the investigative team will have:
• Free and unrestricted access to all County records and premises, whether owned or
rented, as permitted by law; AND
• The authority to examine, copy, and/or remove all or any portion of the contents of files,
desks, cabinets, and other storage facilities on the premises without prior knowledge or
consent of any individual who may use or have custody of any such items or facilities
when it is within the scope of their investigation.
In the instances where the investigation indicates possible criminal activity, the investigation will
be turned over to the appropriate law enforcement agency.
The results of the investigation conducted by the County Legal Staff will be communicated
orally and/or in writing to the County Manager, the audit firm engaged to perform Harnett
County's annual audit, and/or other appropriate designated personnel.
Confidentiality
All participants in a fraud investigation shall keep the details and results of the investigation
confidential. Investigation results will not be disclosed or discussed with anyone other than
those who have a legitimate need to know, in order to protect the reputations of persons
suspected of fraudulent activity but subsequently found innocent of wrongdoing and to protect
the County from potential civil liability.
Media Issues
Any person contacted by the County Legal Staff with respect to an investigation into fraudulent
activity shall refer the media to the County Attorney. The suspected fraud or audit investigation
3
shall not be discussed with media by any person other than the County Legal Staff or County
Manager.
Sanctions
• Employees and Administrators
Employees and administrators suspected of participating in fraudulent activity may be
suspended without pay during the course of the investigation, in accordance with policies
as established by Harnett County's Personnel Ordinance.
Employees and administrators found to have participated in fraudulent activity will be
subject to disciplinary action up to and including termination from employment and
probable criminal prosecution or civil action.
Employees and administrators found to have knowledge of fraudulent activity and who
knowingly failed to report the activity will be subject to disciplinary action up to and
including termination from employment.
If disciplinary action is warranted, such action will be taken after consultation between
the County Manager, the Human Resources Director, the County Legal Staff, and other
offices as deemed necessary and/or appropriate.
• Consultants, vendors, contractors, outside agencies, and/or any other parties having a
business relationship with Harnett County.
The relationship of individuals or entities associated with Harnett County found to have
participated in fraudulent activity as defined by this policy will be subject to review, with
the possible consequence of modification or termination of the relationship. If such
action is warranted, the County Legal Staff, the County Manager and/or other appropriate
offices will be consulted prior to the action being taken. Criminal or civil action may be
taken against such individuals or entities.
Adopted by the Harnett County Board of Commissioners on , 2013 and
effective immediately.
4
Gina Wheeler
From: Carl Davis
Sent: Wednesday, December 05, 2012 3:01 PM
To: Gina Wheeler
Subject: Special Session Info
Two attachments: Site plan and Budget.
Other info:
-Land donation of 204 acres from HFTC is being used as the Local Match for the Parks and Recreation Trust Fund Grant
(PARTF).
-Two Appraisals were done: $546,000 and $815,000
- Project must be completed by 6/30/2014
- Project timeline (proposed)
-Bid Documents and Specs to be completed by mid - January for Legal Dept review.
- Project advertised for bids: late January or early Feb
-BoC approval and award of project: early March
- Construction begins in mid to late March (estimated 6 months)
-Park opens to citizens in Sept 2013.
- County pays for Construction and gets reimbursed 100% by State.
Carl R. Davis II, CPRP
Harnett County Parks and Recreation Director
P.O. Box 816 (mailing)
1100 E. McNeill St. (physical)
Lillington, NC 27546
(910) 893 -7518
(910) 814 -8275 Fax
1
Project Costs
Anderson Creek Park, Phase 1
Harnett County
PARTF Application
WK Dickson Co., Inc.
January 2011
Project Elements
Qty
Unit
Unit
Costs
Total Item
Cost
Building Costs
Walking Trail - 6' wide (asphalt)
3,400
LF
$15
$51,000
Overlook Structure (wood deck)
1
EA
$5,000
$5,000
Picnic Shelter
1
EA
$38,000
$38,000
Restroom Building
1
EA
$55,000
$55,000
Site Preparation (clearing, grading, and erosion control)
1
LS
$30,000
$30,000
Site Utilities (Sewer, Water, Power)
1
LS
$35,000
$35,000
Gravel drive (18' wide with shoulder and ditch section)
4,000
LF
$30
$120,000
Gravel parking (12 spaces with surface drainage)
500
SY
$18
$9,000
Y isce aneous ecunty ate, picnic to • e, gn , tras
receptacle, bench)
1
LS
$5,000
$5,000
Signs (Way finding, stop, entrance, interpretive)
1
LS
$12,000
$12,000
Disc Golf
1
LS
$18,000
$18,000
Playground (age 5 -12 with accessible surfacing)
1
EA
$49,350
$49,350
Cost to Develop Project
$427,350
Contingency for the Cost of Building
Contingency @ 5%
%
0.05
$21,368
Value of Land to be Purchased
Land Acquistion
200
AC
$2,500
$500,000
Cost Related to Building and Planning
•
arming an. •esign - construction management, construc ion
documents, permitting
0.12
$51,282
Total Project Cost
$1,000,000
Total PARTF Grant Request
$500,000
Total Local Match
$500,000
ANDERSON CREEK PARK
Harnett County Parks and Recreation
Lillington, North Carolina
Date: July 17, 2012 Scale: 1" = 200'
community infrastructure consultants'
Gina Wheeler
Subject:
FW: Session Info
SParks and 12120515590.pdf
From: Carl Davis
Sent: Wednesday, December 05, 2012 4:10 PM
To: Gina Wheeler
Subject: RE: Special Session Info
Land Acquisition
- Waterfront Property on American Legion Rd off Hwy 210 near Hanson Aggregate Quarry.
-Owned by the LiIllngton American Legion
-Want $5000 for property, discussion have been made about pricing options and possible naming rights (American
Legion Park) �
- Property would be part of a future Blueway system in County. (see page 2 of attachment)
- Old American Legion building is still on property and would need to be demolished.
1
bdss$aPPV
Selected Parcels Feature
Owner Information
NAME
ADDR1
ADDR2
ADDR3
CITY
STATE
ZIP
Parcel Information
PIN
PARCEL ID
REID
SITUS ADDRESS
LEGAL 1
LEGAL 2
LAND_UNITS -TYPE
CALC ACRES
Sales Information
DEED BOOK
DEED PAGE
DEED DATE
SALES PRICE
.Assessment Information
BUILD VALUE
LAND VALUE
ASSESSVAL
Structure Data
YEAR BUILT
HEATED SQ FT
Parcel Links
PRC
ZONING OVERLAY
SOILS OVERLAY
AMERICAN LEGION POST 428
0
0548 -76- 8466.000
100548 9001
0057195
AMERICAN LEGION (2056 NCSR) RD 000254 X
69 AC SOUDERS
.69AC
0.46681587
00639
0113
19760524
0
0
3200
3200
1000
0
Click here for 100548 9001
Click here for100548 9001
Click here
http : / /gisto ols.harnett. org/Freeance /C lient/PublicAccess l /printFrame.html
Page 1 of 1
1/25/2011
Page 1 of 1
http: / /www.cedarfalls.com/ images / pages/ N196 /kuehns %20park %20shelter.jpg 3/27/2012
January 2013
Boards on which Commissioners Serve
Vacancies
CCCC Harnett County Campus Advisory Comm. (previously McNeill)
CCCC Board of Trustees (previously McNeill)
Architectural Committee (previously McNeill)
Mid - Carolina Council of Governments Board of Directors (previously Andrews)
Board of Health (previously Andrews)
Southeastern Economic Development Commission (previously Andrews)
Jail Study Committee (previously Andrews)
Good Hope Hospital Board (previously Andrews)
HFTC (previously Andrews) — may not be a BOC slot
Extension Advisory Leadership Council (Cooperative Extension staff recommends
Commissioner Joe Miller serve on this Council)
Rural Planning Organization for Transportation (TAC)
Commissioner Beatrice Hill
Department of Social Services Board
One on One Advisory Board
Juvenile Crime Prevention Council
Library Board
Transportation Advisory Board
Work First Planning Committee
Vice Chairman Gary House
Airport Committee
Cape Fear River Assembly Board
Library Board
Johnston- Lee -Harnett Community Action Board of Directors
Sandhills Center for Mental Health DDSHS
Averasboro Township Tourism Development Authority
(commissioner representing that district)
Commissioner Jim Burgin
Home & Community Care Block Grant Committee
Mid - Carolina Aging Advisory Committee
Work First Planning Committee
Industrial Facilities/Pollution Control Financing Authority
Harnett County Criminal Justice Partnership Board
Juvenile Crime Prevention Council
Commissioner Springle
Employee Benefits Committee
BRAC Regional Task Force
Captial Area Metropolitan Planning Organization (CAMPO)
Commissioner Joe Miller
Transportation Advisory Committee (FAMPO)
Board Meeting
Agenda Item
MEETING DATE: January 22, 2013
TO: HARNETT COUNTY BOARD OF COMMISSIONERS
SUBJECT: FlatBranch Fire Department Intent to Purchase Fire Apparatus
REQUESTED BY: Gary L. Pope, Director of Emergency Services
REQUEST:
Flat Branch Fire Department is requesting authorization to purchase a newer pumper /tanker.
The necessary vehicle is a 2003 1500 gpm Pierce Pumper/Tanker.
The exsisting apparatus is beginning to prove to be unreliable. The current pumper /tanker is
22 years old and the probability of catastophic mechanical failures is high despite the
continuous maintenance and service of the unit. A newer unit would serve with less
probability for risk of failure.
As we are always striving to provide the safest equipment for our members, the current
pumper /tanker is an open cab design and the newer unit has an enclosed cab.
The funding has been secured through a local lending agent for Flat Branch Fire Department.
There is no request for further funding of this apparatus from the current budget.
As the Director of Emergency Services, it is my recommendation that the Flat Branch Fire
Department be given approval to proceed as requested.
COUNTY MANAGER'S RECOMMENDATION:
C :lDocuments and Settings\arosser\My Documents\agendaform2013.doc Page
Flat Branch Volunteer Fire Department, Inc
2098 Elliott Bridge Road Bunnlevel N.C. 28323
Ph 910- 893 -3504 Fax 910- 893 -6919
E -mail flatbranchfire(a,embargmail.com
Established April 2, 1971
From the Desk of Chief Mike Brown:
Subject: Letter of Intent to purchase Fire Apparatus.
Harnett County Board of Commissioners,
Commissioners, The need has arose at Flat Branch Fire Vol. Fire Department to purchase a
Pumpertanker. The necessary vehicle is a 2013 1500 gpm Pierce Pumpertanker. This vehicle will replace
what is now the first out Pumpertanker to respond to all structure fires and major incidents in the Flat
Branch Fire District. The current first out Pumpertanker is a 1990 E -One with an open cab design. We are
requesting authorization to proceed at this time with the purchase.
The justifications for the purchase are as follows:
1. Reliability : The current first out Pumpertanker is 22 years old. This apparatus has been well
maintained and has performed well. The concern is due to the age of the vehicle catastrophic
mechanical failures are more probable. This apparatus would continue to serve well as
our third out Pumpertanker.
2. Safety: The current first out Pumpertanker has an open cab. The Pumpertanker replacing it will a
enclosed cab .
3. Efficiency: The current first out apparatus is designed to carry a four man crew. The Pumpertanker
replacing it is designed to carry a six man crew.
4. Increase in Fire Flow. In 2011 the Fire Flow for Flat Branch Fire District was 2500 gpm. This is
determined by the fifth largest commercial structure in the Fire District. Flat Branch's first and second
out Pumpertankers are 1250 gpm , which is adequate for the required Fire flow at that time.
Due to growth in the District ,the current Fire Flow is 5000 GPM. ISO will hold Flat Branch
FD accountable for 3500 gpm of this, necessitating the purchase of a additional Pumpertanker.
5. Accountability: Flat Branch Vol. Fire Department strives to provide World Class Service to the
residents of the Flat Branch Fire District. Maintaining and investing in new equipment and Apparatus
when necessary are a vital part of this.
The Pumpertanker will be financed through First Bank. The cost of the new Pumpertanker will be
$442,443.00. The loan plan is 20% down with the remainder financed at 3% for seven years. We are
applying for a state grant for the equipment to be placed on the Pumpertanker. At this time, Flat Branch
Fire Department has one out standing loan. It is for a used 1998 E -One Pumpertanker purchased in 2011
to replace a 1974 tanker. The amount owed is $ 46,368.69 The Facility at Flat Branch FD was paid off in
March of 2012. The 2007 Pierce Service \ Rescue Unit was also paid off in March of 2012 in preparation
for this new purchase. After our annual audit in 2012 , the auditor advised to go ahead with proposed
purchase.
Respectfully ,
Fire Chief Mike Brown