2014/06/02 RESOLUTION OF THE BD OF COMM COUNTY OF HARNETT NC AUTH THE FINANCE OFFICER TO APPLY TO LOCAL GOV'T COMM FOR APPROVAL OF THE COUNTY'S PROPOSED GEN OBLI SCHOOL BONDS AND TO SUBMIT APPLICATIONEXTRACT 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, Harnett County Administration
Building, 102 East Front Street, Lillington, North Carolina, at 9:00 a.m. on June 2, 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: none
Also present: Tommy Bums, County Manager
Joseph Jeffries, Deputy County Manager
Dwight Snow, County Attorney
Kimberly Honeycutt, Finance Officer
Margaret Regina Wheeler, Clerk
Commissioner Beatrice B. Hill 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 and which was read by title:
RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE COUNTY OF HARNETT,
NORTH CAROLINA AUTHORIZING THE FINANCE OFFICER TO APPLY TO THE LOCAL
GOVERNMENT COMMISSION FOR APPROVAL OF THE COUNTY'S PROPOSED GENERAL
OBLIGATION SCHOOL BONDS AND TO SUBMIT SUCH APPLICATION TO THE LOCAL
GOVERNMENT COMMISSION
WHEREAS, the Board of Commissioners (the "Board') of the County of Harnett, North Carolina
(the "County") proposes to set a public hearing on the following Bond Order entitled:
"BOND ORDER AUTHORIZING THE ISSUANCE OF $100,000,000 GENERAL
OBLIGATION SCHOOL BONDS OF THE COUNTY OF HARNETT, NORTH
CAROLINA;"
WHEREAS, it is necessary, as a condition to the consideration and adoption of the Bond Order,
to submit an application to the Local Government Commission (the "Commission ") for approval of the
bonds, all in the manner required by The Local Government Bond Act.
NOW, THEREFORE, be it resolved by the Board that the Finance Officer of the County is
hereby directed (1) to file with the Commission an application for its approval of the general obligation
school bonds described above on a form prescribed by the Commission, (2) to request in such application
that the Commission approve the County's use of Parker Poe Adams & Bernstein LLP of Charlotte, North
Carolina, as bond counsel for the County, and (3) to state in such application such facts and to attach
thereto such exhibits in regard to such general obligation school bonds, and to the County and its financial
condition, as may be required by the Commission.
BE IT FURTHER RESOLVED that this Resolution shall become effective on the date of its
adoption.
Upon motion of Commissioner Beatrice B. Hill, seconded by Commissioner Vice Chairman
Gary House, the foregoing resolution entitled: "RESOLUTION OF THE BOARD OF COMMISSIONERS OF
THE COUNTY OF HARNETT, NORTH CAROLINA AUTHORIZING THE FINANCE OFFICER TO APPLY TO
THE LOCAL GOVERNMENT COMMISSION FOR APPROVAL OF THE COUNTY'S PROPOSED GENERAL
OBLIGATION SCHOOL BONDS AND TO SUBMIT SUCH APPLICATION TO THE LOCAL GOVERNMENT
COMMISSION" was adopted by the following vote:
AYES: 5
NAYS: 0
PASSED, ADOPTED AND APPROVED this god 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 BOARD OF COMMISSIONERS OF THE COUNTY OF HARNETT, NORTH
CAROLINA AUTHORIZING THE FINANCE OFFICER TO APPLY TO THE LOCAL GOVERNMENT
COMMISSION FOR APPROVAL OF THE COUNTY'S PROPOSED GENERAL OBLIGATION SCHOOL BONDS
AND TO SUBMIT SUCH APPLICATION TO THE LOCAL GOVERNMENT COMMISSION" adopted by the
Board of Commissioners of the County of Harnett, North Carolina, in regular session convened on the 21
day of June, 2014.
WITNESS my hand and the corporate seal of the County of Harnett, North Carolina, this the 2nd
day of June, 2014.
iiUtt��t►his
' hr Marga Regina he r
, .:. hinas, -,,
Y '• O �, Clerk tq the Board of mmissioners