2014/06/16 RESOLUTION OF THE COUNTY OF HARNETT, NC REGARDING A BOND ORDER AUTHORIZING THE ISSUANCE OF $100,000,000 GENERAL OBLIGATION SCHOOL BONDS, SETTING A PUB HEARING THEREON & DIRECTING PUBLICATION OF A NOTICE OF SAID PUB HEARINGEXTRACT FROM MINUTES OF BOARD OF COMMISSIONERS
A regular meeting of the Board of Commissioners of the County of Harnett, North Carolina
(the "Board") was held at the County Commissioners' Meeting Room, Hamett County Administration
Building, 102 East Front Street, Lillington, North Carolina, at 7:00 p.m. on June 16, 2014 (the "Meeting "),
after proper notice, and was called to order by Chairman Joe Miller, and upon the roll being called, the
following members of the Board answered present:
Joe Miller, Chairman
Gary House, Vice Chairman
Jim Burgin, Commissioner
Beatrice B. Hill, Commissioner
Gordon Springle, Commissioner
The following members of the Board were absent: N/A
Also present: Tommy Bums, County Manager
Joseph Jeffries, Deputy County Manager
Dwight Snow, County Attorney
Kimberly Honeycutt, Finance Officer
Margaret Regina Wheeler, Clerk
Commissioner Springle introduced the following resolution (the "Resolution "), a summary of
which had been provided to each Commissioner, a copy of which was available with the Clerk to the Board
of Commissioners and which was read by title:
RESOLUTION OF THE COUNTY OF HARNETT, NORTH CAROLINA REGARDING A BOND
ORDER AUTHORIZING THE ISSUANCE OF $100,000,000 GENERAL OBLIGATION
SCHOOL BONDS, SETTING A PUBLIC HEARING THEREON AND DIRECTING
PUBLICATION OF A NOTICE OF SAID PUBLIC HEARING
WHEREAS, a bond order entitled:
"BOND ORDER AUTHORIZING THE ISSUANCE OF $100,000,000 GENERAL
OBLIGATION SCHOOL BONDS OF THE COUNTY OF HARNETT, NORTH
CAROLINA;"
has been introduced at a meeting of the Board of Commissioners (the "Board') of the County of Harnett,
North Carolina this 16' day of June, 2014; and
WHEREAS, the Board desires to provide for the holding of a public hearing thereon on
July 21, 2014 and the submission of a statement of debt in connection therewith as required by The Local
Government Bond Act.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
COUNTY OF HARNETT, NORTH CAROLINA that the public hearing on said bond order shall be held
on the 21" day of July, 2014 at 7:00 p.m. at the County Commissioners' Meeting Room, Harnett County
Administration Building, 102 East Front Street, Lillington, North Carolina.
BE IT FURTHER RESOLVED that the Clerk to the Board is hereby directed to cause a copy of
said bond order to be published with a notice of such hearing in the form prescribed by law in the Dunn
Daily Record on or before the 11I day of July, 2014.
BE IT FURTHER RESOLVED that the Finance Officer is hereby directed to file prior to
publication of the bond order with the notice of such public hearing, a statement setting forth the debt
incurred or to be incurred, the net debt of the County, the assessed value of property subject to taxation by
the County and the percentage that net debt of the County bears to the assessed value of property subject to
taxation.
BE IT FURTHER RESOLVED that this Resolution shall become effective on the date of its
adoption.
Upon motion of Commissioner Springle, seconded by Vice Chairman House, the foregoing
resolution entitled: "RESOLUTION OF THE COUNTY OF HARNETT, NORTH CAROLINA REGARDING A
BOND ORDER AUTHORIZING THE ISSUANCE OF $100,000,000 GENERAL OBLIGATION SCHOOL BONDS,
SETTING A PUBLIC HEARING THEREON AND DIRECTING PUBLICATION OF A NOTICE OF SAID PUBLIC
HEARING" was adopted by the following vote:
AYES: 5
NAYS: 0
PASSED, ADOPTED AND APPROVED this 16' day of June, 2014.
STATE OF NORTH CAROLINA
SS:
COUNTY OF HARNETT
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 COUNTY OF HARNETT, NORTH CAROLINA REGARDING A BOND ORDER
AUTHORIZING THE ISSUANCE OF $100,000,000 GENERAL OBLIGATION SCHOOL BONDS, SETTING A
PUBLIC HEARING THEREON AND DIRECTING PUBLICATION OF A NOTICE OF SAID PUBLIC HEARING"
adopted by the Board of Commissioners of the County of Harnett, North Carolina, in regular session
convened on the 16' day of June, 2014.
WITNESS my hand and the corporate seal of the County of Harnett, North Carolina, this the 161"
day of July, 2014.
M /SSi�% Nlarga#t Regina eler
J.• o y
Clerk the Board Commissioners
En
eic: A