10031988 (2)35
SOUTHEAST WATER $ SEWER DISTRICT, OCTOBER 3, 1988
RESOL. RE:
GEN. OBLIGATION
BONDS
VANESSA YOUNG
APPOINTED CLERK
& FIN. OFF. OF
DISTRICT
COMMON SEAL
ADOPTED
ADJOURNMENT
DOCUMENT NO. 1.
The Harnett County Board of Commissioners sitting as the governing body of
Southeast Water and Sewer District of Harnett County met October 3, 1988, in
the County Office Building, Lillington, North Carolina, with the following
members present: Rudy Collins, Bill Shaw, Mack Reid Hudson, Mayo Smith, and
Chairman Lloyd G. Stewart presiding. Others present were: Dallas H. Pope,
County Manager; Glenn Johnson, County Attorney; Vanessa W. Young, Clerk to the
Board, and Kay S. Blanchard, Recording Secretary.
Chairman Stewart called the meeting to order at 10:30 a.m.
John M. Phelps, II, Public Utilities Attorney, presented a resolution re-
garding filing application for approval of issuance of general obligation
bonds of the Southeast Water and Sewer District. Commissioner Collins moved
for the adoption of the resolution. Commissioner Smith seconded the motion
and it passed with a unanimous vote. The resolution is copied in full at the
end of these minutes dated October 3, 1988, as document No. 1.
John M. Phelps, II, Public Utilities Attorney, presented a resolution re-
garding appointment of Vanessa W. Young as Clerk and Finance Officer of the
Southeast Water and Sewer District. Commissioner Collins moved for the
adoption of the resolution. Commissioner Shaw seconded the motion and it
passed with a unanimous vote. The resolution is copied in full at the end of
these minutes dated October 3, 1988, as document No. 2.
John M. Phelps, II, Public Utilities Attorney, presented a resolution adopting
a common seal for the Southeast. Water and Sewer District. Commissioner
Collins moved for the adoption of the resolution. Commissioner Hudson se-
conded the motion and it passed with a unanimous vote. The resolution is
copied in full at the end of these minutes dated October 3, 1988, as document
No. 3.
There being no further business, the meeting adjourned at 10:40 a.m.
Llo d G/ Stewart, Chairman
mizAatil
Kay S j Blanchard, Recording Secretary
Vanessa W. Young,
tNthe Board
RESOLUTION REGARDING FILING APPLICATION FOR APPROVAL
OF ISSUANCE OF GENERAL OBLIGATION BONDS OF THE
SOUTHEAST WATER AND SEWER DISTRICT OF HARNETT COUNTY
WHEREAS, the Harnett County Board of Commissioners sitting as the
governing body of the Southeast Water and Sewer District of Harnett
County (hereinafter the "Board "), desires to provide a potable public
water supply system to portions of the newly created Southeast Water
and Sewer District of Harnett County (hereinafter "District "); and
WHEREAS, it is now necessary to obtain funding to pay the costs
of constriction of the proposed system through the sale of general
obligation bonds of the District; and
WHEREAS, the District intends to construct water distribution
pipelines in portions of the District where the number of users in a
proposed area is of sufficient number so as to make construction of a
water distribution pipeline in such area economically feasible; and
WHEREAS, The District's Consulting Engineers have carefully
studied the District and have prepared a construction Feasibility
Report with total estimated costs of $4,025,000.00; and
WHEREAS, the Board recognizes that there has been concern among
the residents of the District regarding contamination of wells due to
radon gas and finds that the project is necessary and expedient in
order to provide potable and safe water to residents of the District,
as well as churches and places of business therein; and
WHEREAS, the Board desires to make application to the North
Carolina Local Government Commission for the approval of the issuance
obligation bonds of the District in an amount not to exceed
$4,500,000.00; and
WHEREAS, said amount is adequate and not excessive for the
proposal prepared, in that it is sufficient to cover the estimated
cost of construction of the water system and to cover any additional
increase in cost due to inflation; and
WHEREAS, the Board intends to construct the project without an
increase in the property tax in the District; and
WHEREAS, the estimated cost of water service for a user of the
system as projected by the District's Consulting Engineers is not
excessive; and
WHEREAS, the Board intends to construct the system only in the
event that the project is economically feasible; and
WHEREAS, during the construction and upon completion of the
construction of the system in the District, the debt management
policies and the budgetary and fiscal management policies of the
District shall be carried out in full compliance with the applicable
law; and
WHEREAS, the Board desires to move forward with the application
to seek approval of the above mentioned general obligation bonds, and
desires to hold a bond election regarding the same shortly after the
first of 1989.
NOW, THEREFORE, BE 'IT RESOLVED BY THE HARNETT COUNTY BOARD OF
COMMISSIONERS sitting as the governing body of the Southeast Water and
Sewer. District of Harnett County that:
1. The District is hereby authorized and directed to file an
application with the North Carolina Local Government Commission
seeking approval of the issuance of not more than $4,500,000.00 in
general obligation bonds of the District.
2. John M. Phelps, II, Harnett County Public Utilities
Attorney, is designated as representative of the District for the
purpose of seeking the approval of the said bonds and is directed to
file application for approval of bonds and to employ bond counsel to
represent the District in the authorization and issuance of bonds.
Duly adopted this the 3rd day of October, 1988 upon motion
made by Commissioner , seconded by Commissioner
Sr..N;4 -1i , and passed by the following vote:
Ayes jr Noes p Absent D Abstained D
HARNETT COUNTY BOARD OF COMMISSIONERS
sitting as the governing body of the
Southeast Water and Sewer District of
Harnett County
37
DOCUMENT NO. 2.
RESOLUTION REGARDING APPOINTMENT OF VANESSA W. YOUNG
AS CLERK AND FINANCE OFFICER OF THE SOUTHEAST
WATER AND SEWER DISTRICT OF HARNETT COUNTY
WHEREAS, pursuant to the provisions of Article 6, Chapter 162A of
the General Statutes of North Carolina, the Harnett County Board of
Commissioners (hereinafter "the Board ") did, on August 15, 1988,
create the Southeast Water and Sewer District of Harnett County; and
WHEREAS, The Board now sits as the governing body of the
Southeast Water and Sewer District of Harnett County (hereinafter "the
District "); and
WHEREAS, Vanessa W. Young currently serves as Clerk to the
Harnett County Board of Commissioners and as Finance Officer for
Harnett County and in such capacities will conduct certain business of
the District; and
WHEREAS, the Board desires to acknowledge its intention that as
Clerk to and Finance Officer for Harnett County, Mrs. Young shall
serve as the Clerk to and for the Southeast Water and Sewer District
and as Finance Officer for the same.
NOW, THEREFORE, BE IT RESOLVED by the Harnett County Board of
Commissioners, sitting as the governing body of the Southeast Water
and Sewer District of Harnett County, that:
Vanessa W. Young as Clerk to and Finance Officer for Harnett
County shall be and hereby is appointed Clerk and Finance Officer of
the Southeast Water and Sewer District of Harnett County to serve in
such capacity at the pleasure of the Board.
Duly adopted this the 3 r-dfday of October, 1988, upon motion
made by Commissioner Cnr�;hS , seconded by Commissioner
5 i;p.W , and passed by the following vote:
Ayes .r Noes () Absent j) Abstained 0
HARNETT COUNTY BOARD OF COMMISSIONERS
SITTING AS THE GOVERNING BODY OF THE
SOUTHEAST WATER AND SEWER DISTRICT
OF HARNETT COUNTY
33
DOCUMENT NO. 3.
RESOLUTION ADOPTING A COMMON SEAL
FOR THE
SOUTHEAST WATER AND SEWER DISTRICT OF HARNETT COUNTY
WHEREAS, the Southeast Water and Sewer District of Harnett County
is a duly organized and existing county water and sewer district,
having been created pursuant to Article 6, Chapter 162A of the North
Carolina General Statutes and by resolution adopted August 15,1988 by
the Harnett County Board of Commissioners; and
WHEREAS, N.C. Gen. Stat. §162A -88, provides that the District may
have acommon seal and alter and renew it at will; and
WHEREAS, the District now desires to adopt as its common seal the
design hereinafter set forth.
NOW, THEREFORE, BE IT RESOLVED, that the Harnett County Board of
Commissioners, sitting as the governing body of the Southeast Water
and Sewer District of Harnett County, does hereby adopt as the common
seal for said District the following:
A circular emblem with a circle drawn within
it, and the name Southeast Water and Sewer
District imprinted between the outer edge of the
emblem and the inner circle. Within the inner
circle appears the word "Seal" and the date 1988.
Duly adopted this the 3 r0 / day of October, 1988, upon motion
Collins
made by Commissioner
, seconded by
Commissioner tt wd SO n and passed by the following
vote: t�
Ayes V Noes Q Absent 0 Abstained 0
HARNETT COUNTY BOARD OF COMMISSIONERS
sitting as the governing body of the
Southeast Water and Sewer District of
Harnett County