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Home My WebLink About05191997 ----~~- """/l n :'"". \ " ~ ",.,-:;;.)J~":/ J HARNETT COUNTY BOARD OF COMMISSIONERS Minutes of Regular Session May 19, 1997 The Harnett County Board of Commissioners met in regular session on Monday, May 19, 1997, in the Commissioners Meeting Room, County Office Building, 102 . East Front Street, Lillington, North Carolina. Members present: Dan B. Andrews, Chairman Beatrice Bailey Hill, Vice Chairman Joseph T. Bowden Teddy J. Byrd Walt Titchener Staff present: Neil Emory, County Manager Wm. A. (Tony) Wilder, Assistant County Manager Dwight W. Snow, County Attorney Vanessa W. Young, Finance Officer Kay S. Blanchard, Clerk to the Board Chairman Andrews called the meeting to order at 9:00 a.m. Commissioner Titchener led the pledge of allegiance and prayer. Commissioner Titchener moved to approve the agenda as published with the following additions to the consent agenda: Tax Refunds, 3 Budget Amendments, and County Funding Plan for Aging Services. Commissioner Bowden seconded the motion and it passed unanimously. Upon motion by Commissioner Titchener and seconded by Commissioner Hill, the Board unanimously approved the following items on the consent agenda: CONSENT AGENDA ITEMS APPROVED l. Minutes: Regular meeting, May 5, 1997 Special meeting, May 8, 1997 . Special meeting, May 13, 1997 2. Budget Amendments: 898 Cooperative Ext. Seryice (Fund 30-Child Care Resource & Referrall Code 30-7301-0030 Salaries & Wages-p.t. 11,667. increase 30-7301-0050 FICA 893. increase 30-7301-0080 Workman's Compensation 174. increase 30-7301-0330 Materials & Supplies 7,584. increase 30-7301-0140 Travel 3,300. increase 30-7301-0110 Telephone & Postage 3,050. increase 30-7301-0120 Printing 500. increase 30-7301-0100 Employee Training 1,985. increase 30-7301-0530 Dues & Subscriptions 1,447. increase 30-7301-0260 Advertising 200. increase 30-7301-0040 Professional Services 3,700. increase 30-3480-0000 Child Development Grant 34,500. increase 906 Vehicle Maintenance (Fund 10-General Fundl Code 10-5550-0020 Salaries & Wages 1,900. increase 10-5550-0030 Salaries & Wages-p.t. 1,900. decrease 907 Governina Bodv (Fund 10-General Fundl Code 10-3480-0791 PALS Funds-Pass through 1,034. decrease 10-4100-1512 PALS Funds-Pass through 1,034. decrease 908 Vehicle Maintenance (Fund 10-General Fund) Code 10-5550-0170 Maintenance & Repair-Auto 8,000. increase 10-3990-0000 Fund Balance-Appropriated 8,000. increase . 909 Airoort (Fund 51-Construct Hanaar Areal Code 51-3600-0000 Sales Tax Refunds 1,000. increase 51-3290-0000 Interest on Investments 1,500. increase 51-9033-0800 Contingency 2,500. increase 910 Airoort (Fund 54-Parallel Taxiwav Code 54-3600-0000 Sales Tax Refunds 5,000. increase 54-3290-0000 Interest on Investments 2,000. increase 54-9036-0800 Contingency 7,000. increase 911 Board of Elections (Fund 10-General Fund) Code 10-4300-0160 Maintenance & Repair-Equipment 1,000. decrease 10-4300-0330 Materials & Supplies 1,000. decrease 10-4300-0450 Contracted Services 4,000. increase 10-4300-0140 Travel 500. increase 10-3990-0000 Fund Balance 2,500. increase 1 ",.-'.."" 912 Public Utilities (Fund 72-West Central W & S District, Phase II) Code 72-9016-0020 Hendrix-Barnhill-l 885,075. decrease 72-9016-0021 Hendrix-Barnhill-2 534,646. decrease 72-9016-0030 Brown Steel Construction 229,800. decrease 72-9016-0040 Hydrologic-Tank Construction 111,200. decrease 72-9016-0060 Hogue Electric 15,000. decrease 72-9016-0100 Land 9,725. decrease 72-9016-0200 Legal/Administration 24,000. decrease 72-9016-0300 Engineering 143,810. decrease 72-9016-0310 Technical Fees-Additional 25,000. decrease 72-9016-0500 Meters 21,539. decrease 72-9016-0800 Contingency 31. decrease 72-9016-0600 Telemetry 16,000. decrease 72-9016-0700 Interest during Construction 44,565. decrease 72-3290-0000 Interest on Investments 22,430. decrease . 72-3480-0000 State Grant 36,441. decrease 72-3600-0000 Sales Tax Refunds 34,810. decrease 72-3700-5200 Tap-on Fees 66,710. decrease 72-3780-0000 General Obligation Bonds 1,800,000. decrease 72-3970-0000 Transfer from WC Operating 40,000. decrease 72-3970-0000 Interfund Transfer-NE Operating 20,000. decrease 72-3970-0020 Interfund Transfer-SCWSD 20,000. decrease 72-3970-0030 Interfund Transfer-SWWSD 20,000. decrease 913 Animal Control Shelter (Fund 73) Code 73-9023-0010 Construction 90,000. decrease 73-9023-0040 Professional Services 15,000. decrease 73-3970-0010 Transfer from Capital Project 70,000. decrease 73-3970-0020 Interfund Transfer from GF 35,000. decrease 915 Hurricane Fran (Fund 48) Code 48-3830-0300 Insurance Requirement 28,782. increase 48-8000-0160 Maintenance & Repair-Equipment 28,782. increase 918 Public Utilities (Fund 32-Northeast Metro) Code 32-9001-0020 Salaries & Wages 19,270. increase 32-9001-0050 FICA Expense 1,225. increase 32-9001-0070 Retirement 2,375. increase 32-3350-0051 Misc. Revenue Linden 1,635. increase 32-3500-0010 Acct. Trans. & Set-up Fees 1,700. increase 32-3712-0090 Water Fees South Central Bulk 5,125. increase 32-3712-0120 Water Fees Southwest Bulk 14,410. increase 919 Public Utilities (Fund 40-East Central W & S District) . Code 40-9009-0020 Salaries & Wages 4,150. increase 40-9009-0070 Retirement 200. increase 40-9009-0350 Bulk Water 37,400. increase 40-9009-0460 Medical Supplies & Drugs 55. increase 40-3740-0000 Capacity Use Reserve 41,805. increase 920 Public Utilities (Fund 39-Southeast W & S District) Code 39-9008-0020 Salaries & Wages 5,615. increase 39-9008-0070 Retirement 275. increase 39-9008-0170 Maintenance & Repair-Vehicles 2,200. decrease 39-3740-0000 Capacity Use Reserve 1,135. increase 39-3760-0020 Damages & Tampering Fees 2,200. increase 39-3830-0000 Processing Fees-Returned Checks 355. increase 921 Public Utilities (Fund 38-Bunnlevel/Riverside W & S District) Code 38-9007-0020 Salaries & wages 650. increase 38-9007-0070 Retirement 35. increase 38-9007-0072 Supplemental Retirement 15. increase 38-9007-0730 Capital Outlay-Other Equipment 3,480. increase 38-3740-0080 Tap-on Fees 3,665. increase 38-9007-0170 Maint. & Repair-Vehicles 515. decrease 922 Public Utilities (Fund 36-Northwest W & S District) Code 36-9005-0020 Salaries & Wages 2,775. increase 36-9005-0070 Retirement 130. increase 36-9005-0050 FICA Expense 50. increase 36-3500-0010 Acct. Trans. & Set-up Fees 720. increase 36-3740-0000 Capacity Use Reserve 2,235. increase . 923 Public Utilities (Fund 35-West Central W & S District) Code 35-9004-0020 Salaries & wages 2,500. increase 35-9004-0070 Retirement 120. increase 35-3740-0000 Capacity Use Reserve 2,620. increase 924 Public Utilities (Fund 34-South Central W & S District) Code 34-9003-0020 Salaries & Wages 2,125. increase 34-9003-0070 Retirement 220. increase 34-9003-0350 Bulk Water 62,000. increase 34-9003-0460 Medical Supplies & Drugs 75. increase 34-3500-0010 Acct. Trans. & Set-Up 2,800. increase 34-3740-0000 Capacity Use Reserve 18,000. increase 34-3740-0030 Tap-On Fees 9,800. increase 34-3760-0030 Damage Tampering Fees 5,800. increase 34-3830-0000 Processing Fees-Returned Checks 2,900. increase 34-9003-0170 Maintenance & Repair-Vehicles 5,900. decrease 34-9003-0740 Capital Outlay-Equipment 10,000. decrease 34-9003-0741 Capital Outlay-Plants 3,000. decrease 34-9003-0742 Capital Outlay-Distribution 6,220. decrease _.-- --'~,--"- --'-'~-~-,"-----~'~~-- .'-- -~-~.- --'---~---~- -,-..-.. -.-- - ~___ __~' ____'m_ ..._....._~._... _.'_'__. '-_--'0 ,("II 2 925 Public Utilities (Fund 33-Buies Creek/Coats) Code 33-9002-0160 Maintenance & Repair-Dist. 3,225. increase 33-9002-0070 Retirement 100. increase 33-3713-0040 Sewer Fees-HC Schools 3,325. increase 928 Jail (Fund 10-General Fund) Code 10-5120-0470 Food & Provisions 40,000. increase 10-3990-0000 Fund Balance-Appropriated 40,000. increase 929 Department on Aqinq (Fund 10-General Fund) Code 10-7720-0020 Salaries & Wages 22,511. decrease 10-7720-0030 Salaries & Wages-p.t. 26,733. decrease 10-7720-0140 Travel & Meetings 2,432. decrease 10-7720-0330 Materials & Supplies 800. decrease 10-7720-0110 Telephone & Postage 800. increase 10-3990-0000 Fund Balance 51,676. decrease 930 Transportation (Fund 10-General Fund) . Code 10-5551-0030 Salaries & Wages-p.t. 7,700. increase 10-5551-0050 FICA Tax Expense 600. increase 10-3500-0670 Transportation Fees 8,300. increase 931 Governmental Complex (Fund 74) Code 74-9021-1400 Issuance Costs 169,075. increase 74-9021-0200 Legal/Administration 40,000. decrease 74-9021-0730 Capital Outlay-Other 12,104. decrease 74-9021-0210 Surveys 13,202. decrease 74-3290-0000 Interest on Investments 72,150. increase 74-3600-0000 Sales Tax 31,619. increase 932 Special Districts (Fund 22-Special Districts) Code 22-8201-1040 Angier-97 DMV Distribution 100. increase 22-3020-0040 Angier-97 DMV Distribution 100. increase - __2?c-8~020 Coats-Delinquent DMV 6,000. increase 22-3030-0020 Coats-Delinquent DMV 6,000. increase 933 Special Districts (Fund 82-Special Districts) Code 82-8018-1050 Inventory Tax-NHarnett Rescue 15. increase 82-3481-0210 Inventory Tax-NHarnett Rescue 15. increase 82-9019-1010 Current Tax-Spout Springs 3,000. increase 82-3010-0190 Current Tax-Spout Springs 3,000. increase 82-8019-1020 Delinquent Tax-Spout Springs 400. increase 82-3010-0191 Delinquent Tax-Spout Springs 400. increase 82-8019-1050 Inventory Tax-Spout Springs 48. increase 82-3481-0190 Inventory Tax-Spout Springs 48. increase 82-8020-1020 Delinquent Tax-Summerville 1,700. increase . 82-3010-0201 Delinquent Tax-Summerville 1,700. increase 82-8005-1020 Delinquent Tax-Benhaven Fire 290. increase 82-3010-0241 Delinquent Tax-Benhaven Fire 290. increase 82-8010-1020 Delinquent Tax-Coats Grove Rescue 900. increase 82-3010-0281 Delinquent Tax-Coats Grove Rescue 900. increase 82-8016-1020 Delinquent Tax-Grove Fire 1,200. increase 82-3010-0181 Delinquent Tax-Grove Fire 1,200. increase 82-8017-1050 Inventory Tax-NW Harnett Fire 5. increase 82-3481-0290 Inventory Tax-NW Harnett Fire 5. increase 937 Public Utilities (Fund 37-Southwest W & S District) Code 37-9006-2025 Debt Service-Interest-'94 COPS 23,676. increase 37-3740-0000 Capacity Use Fee-Reserve 23,676. increase 954 Insurance (Fund 16-Insurance Fund) Code 16-3990-0000 Fund Balance Appropriated 500,000. increase 16-8701-1560 Interfund Transfer-General Fund 500,000. increase 955 Education (Fund 10-General Fund) Code 10-8600-1070 School-Current Expense 500,000. increase 10-3980-0700 Interfund Transfer-Insurance Fund 500,000. increase 956 Education (Fund 10-General Fund) Code 10-8600-1080 School-Capital Outlay 1,000,000. increase 10-3830-0306 US Army Appropriation-Schools 1,000,000. increase RECORDS 3. Authorization for disposal of records in the Finance Department DISPOSAL (Attachment 1) 4. Final subdivision Plats . FINAL SUBDIVISION A. Brandermill Subdivision, 33 lots, owner: Tradewinds Development PLATS Corp. , SR 2045, Anderson Creek Township, unzoned, 20.2 acres B. Heritage Village, Phase VII, Block G, Section 1, 45 lots, owner: Kilarnold Corp., SR 1111, Johnsonville Township, unzoned, 24.43 acres C. Sherman Lakes, Phase II, 13 lots, owner: Waverly F. Akins, Hwy. 401, Hector's Creek Township, RA-30 Zoning District, 16+/-acres D. Sherwood Forest, Phase II, 23 lots, owner: Bob & Terri Cieri, SR 1105, Johnsonville Township, unzoned, 12.579 acres E. Whisper Creek Subdivision, Phase II, 12 lots, owner: David Blalock, III, SR 1120, Anderson Creek Township, unzoned, 8.61+/- acres F. Yorkshire Plantation, 19 lots, owner: B.N.S. Development, SR 1108, Johnsonville Township, unzoned, 16+/- acres /~ r~ " EXTENDED 5. Resolution supporting request for extended phone service in the West PHONE SERVo Central area of the County (Attachment 2) 6. Authorization for Cooperative Extension to apply for a grant for Horticulture Program enhancement "Sample Identification Via Internet" AREA CODE 7. Resolution supporting keeping telephone area code 910 (Attachment 3) 910 8. Tax Refunds (Attachment 4) TAX REFUNDS AGING FUNDS 10. Funding Plans from Mid-Carolina Department on Aging for County Aging Program . PARTNER- Neil Emory, County Manager, introduced Ashley Thrift, Chairman, North Carolina SHIP FOR Partnership for Children, who provided comments about the Smart Start Program. CHILDREN Craig Norfolk, local business development manager with Carolina Power & Light, presented a check in the amount of $10,000 from Carolina Power & Light to fund planning efforts for Smart Start in Harnett County. Chairman Andrews stated that the Board would now consider certain matters SOUTH sitting in its capacity as the governing body of South Central Water and Sewer CENTRAL District. Al Bain, Public Utilities Attorney, presented a resolution and related documents regarding water bonds. Commissioner Hill moved to adopt the W & S resolution. Commissioner Titchener seconded the motion and it passed unanimously. (Attachment 5) Chairman Andrews closed the South Central portion of the meeting. SOUTHWEST Chairman Andrews stated that the Board would now consider certain matters sitting in its capacity as the governing body of Southwest Water and Sewer W & S District. Al Bain, Public Utilities Attorney, presented a resolution and related documents regarding water bonds. Commissioner Titchener seconded the motion and it passed unanimously. (Attachment 6) Chairman Andrews closed the Southwest portion of the meeting. CONTRACTS Neil Emory, County Manager, presented two proposed Professional Services MARZIANO & Agreements with Marziano and Minier, Engineers. The contracts are for MINIER ongoing projects regarding expansion of the Buies Creek-Coats Wastewater Treatment Plant, and providing wastewater service to Champion Homes (Titan Plant) . Commissioner Byrd moved to approve the agreements with Marziano and Minier. Commissioner Titchener seconded the motion and it passed 4 to 1 with Commissioner Bowden casting the dissenting vote. . Reports were filed with the Board from Emergency Services, Environmental Ci Health, Emergency Medical Service, Sheriff's Department, Tax Releases and Tax Attorney's report. (Attachment 7) Under new business, Commissioner Byrd moved that a resolution be developed to honor County young people who attain Boy Scouts' Eagle Award and Girl Scouts' Gold Award. The first two will be presented to Patrick Jenkins and LaRae McLamb. Commissioner Bowden seconded the motion and it passed unanimously. There being no further business, Commissioner Titchener moved to recess until Thursday, May 22, 1997, at 8:30 a.m. at the Harnett County Library. The Harnett County Board of Commissioners Meeting, May 19, 1997, recessed at 7:25 p.m. IJ~ A, t2.L Dan B. Andrews, Chairman K~/.1- ~d Kay S Blanchard, Clerk to the Board . .u_',____ ""~.---'---- h/l .Il i~, ~ :4~ '':''''i~ '.O""~f Attachment 1. DISPOSmON S\..w.DULE May 14, 1997 The Finance Office would like to request Board approval for the disposal of the following: 1. Section 8: 7/92 - 6/93 . 2. Journal Entries: 7/92 - 6/93 3. Voided Payroll Checks: 7/92 - 6/93 4. Senior Citizens Van Fund: 7/92 - 6/93 5. Receipt Books - DSS: 4/6/93 - 6/28/94 6. Receipt Books - Finance: 817/91 - 1/3/92 1/3/92 - 5/29/92 5/29/92 - 8/31/92 8/31/92 - 2/26/93 Approved: ~ ;.; at~ Harnett County Board of Commissioners Attachment 2. RESOLUTION . WHEREAS, the Harnett County Board of Commissioners has supported past efforts to establish local phone call capability between Harnett County and neighboring communities; and WHEREAS, this support has been based upon the economic and social ties which exist between our local communities; and WHEREAS, the West Central Harnett communities served by Carolina and Alltel Telephone Companies (regarding telephone prefix numbers 258, 704, 774, 775, 776, 777 and 893) have now expressed an interest in establishing local phone call capability with the communities; and WHEREAS, these communities share both economic and social interest. NOW, THEREFORE BE IT RESOLVED that the Harnett County of Board Commissioners does hereby endorse the concept of establishing local service between these communities and would request that the North Carolina Utilities Commission allow the formal process for establishing such service to proceed once the appropriate documentation has been submitted. Duly adopted this 19th day of May, 1997. . HARNETT COUNTY BOARD OF COMMISSIONERS g~ A. V.L. - Dan B. Andrews, Chairman ATTEST: ~~~!W Kay . Blanchard, Clerk ----'~_.__.~-----_.~,._---- --- --- r:: /1 r:~ .:"~-*, ""'u;' Attachment 3. . . Attachment 4. '/ I .- Apprnved by ~he Harn~tt Cov"ty DMrd of Commiaslonel Date S -/9...::.1] f(p.,.J I ~~ MONTHLY REFUND REPORT /5-May-97 BILL NUMBER NAME REASON AMOUNT YEAR MONTH TOWN 96-572793 DENISE MILLER SOLD VEHICLE, TURNED COUNTYWIDE - 1150 X .70 = 8.05 1996 APR 0 ROUTE I BOX 333 IN LICENSE PLATE GROVE FIRE - 1150 X .08 = .92 COATS, NC 27521 GROVE RESC - 1150 X .06 = .69 TOTAL TO REFUND - 9.66 93-023717 ELSERY MATTHEWS ACREAGE LISTED COUNTYWIDE - 1800 X .70 = 12.60 1993 APR 0 RT 1 BOX 396 INCORRECTL Y BUIE CRK FIRE - 1800 X .10 = 1.80 L1LLlNGTON, NC 27546 TOTAL TO REFUND - 14.40 94-0238 I 6 ELSERY MATTHEWS ACREAGE LISTED COUNTYWIDE -1800 X .70 = 12.60 1994 APR 0 . RT 1 BOX 396 INCORRECTLY BUIE CRK FIRE - 1800 X .10 = 1.80 LlLLlNGTON, NC 27546 TOTAL TO REFUND - 14.40 95-024538 ELSERY MATTHEWS ACREAGE LISTED COUNTYWIDE - 1800 X .70 = 12.60 1995 APR 0 RT I BOX 396 INCORRECTL Y BUIE CRK FIRE - 1800 X .10 = 1.80 L1LLlNGTON, NC 27546 TOTAL TO REFUND - 14.40 9~25798 ELSERY MATTHEWS ACREAGE LISTED COUNTYWIDE - 1800 X .70 = 12.60 1996 APR 0 RT I OX 396 INCORRECTLY BUlE CRK FIRE - 1800 X.10 = 1.80 L1LLlNGTON, NC 27546 TOTAL TO REFUND - 14.40 96-574874 REFUS R HARRINGTON LICENSE PLATE TURNED COUNTYWIDE - 183 X .70 = 1,28 1996 APR 0 C/O ANTHONY IN, VEHICLE SOLD BENHAV FIRE -183 X .08 = .15 HARRINGTON BENHA V RESC - 183 X .025 = .05 RT I BOX 515 TOTAL TO REFUND - 1.48 BROADWAY, NC 27505 - e _ .-.--~----,---~- -.. -,,-,_. -~-. --~.--- ---~~--,... ~ .--- --~-~.~.__._-~_.------_._--- -. '. f'f1C t~-';"~~ ~ ~"~ "'..~) ~J' ~.J BILL NUMBER NAME REASON AMOUNT YEAR MONTH TOWN " 92-025671 ELSERY MAITHEWS ACREAGE LISTED COUNTYWIDE - 1800 X .70 = 12.60 1992 APR 0 RT I BOX 396 INCORRECTLY BUlE CRK FIRE - 1800 X .10 = 1.80 LlLLlNGTON, NC 27546 TOTAL TO REFUND - 14.40 96-011718 KATHERINE I DOWNING DOUBLEWIDE MH COUNTYWIDE - 19611 X .70 = 137.28 1996 APR .0 2420 CIStERRA RD LISTED AS REAL & BOON TRL FIR - 19611 X.IO = 19.61 SANFORD, NC 27330 PERSONAL TOTAL TO REFUND- 156.89 96-5911 52 LEON J HARPER, JR SOLD VEHICLE, TURNED COUNTYWIDE - 1167 X .70 = 8,17 1996 APR 0 RT3BOXI26E IN LICENSE PLATE BLK RIV FIRE - 1167 X .08 = .93 ANGIER, NC 27501 BLK RIV RESC - 1167 X .05 = .58 TOTAL TO REFUND - 9.68 96-583564 DENISE LYNN MILLER SOLD VEHICLE, TURNED COUNTYWIDE - 2590 X .70 = 18.13 1996 APR 0 RT I BOX 333 IN LICENSE PLATE GROVE FIRE - 2590 X .08 = 2.07 COATS, NC 27521 GROVE RESC - 2590 X .06 = 1.55 TOTAL TO REFUND - 21.75 96-574071 BEITY P MATTHEWS SOLD VEHICLE, TURNED COUNTYWIDE - 503 X .70 = 3.52 1996 APR 0 ROUTE 4, BOX 497 IN LICENSE PLATE BLK RIV FIRE - 503 X .08 = .40 ANGIER, NC 2750 I BLK RIV RESC - 503 X .05 = .25 TOTAL TO REFUND - 4.17 96-533641 REBECCA J FRYMAN SOLD VEIIICLE, TURNED COUNTYWIDE - 2282 X .70 = 15.97 1996 APR 4 520 S BROAD ST IN LICENSE PLATE CITY/ANGIER - 2282 X .68 = 15.52 APT 4 BLK RIV FIRE - 2282 X .08 = 1.83 ANGIER, NC 27501 BLK RIV RESC - 2282 X .05 = 1.14 TOTAL TO REFUND- 34.46 96-004071 ERNEST L & 0 BOAHN MH LISTED AS REAL AND COUNTYWIDE - 10731 X ,70 = 75.12 1996 APR 0 RT2 BOX 431 PERSONAL BUNNLEV FlRE- 10731 X .11 = 11.81 . LINDEN, NC 28356 TOTAL TO REFUND - 86.93 96-550372 KIMBERLY MARIE SOLD VEHICLE, TURNED COUNTYWIDE - 3093 X .70 = 21.65 1996 APR 0 SPIVEY IN LICENSE PLATE BOON TR EME - 3093 X .10 = 3.09 ROUTE 6, BOX 67 TOTAL TO REFUND - 24.74 LlLLlNGTON, NC 27546 96-33714 mON & JANET POPPEN VEHICLE DOUBLE LISTED COUNTYWIDE - 4500 X .70 = 31.50 1996 APR 0 101 TWIN OAKS DRIVE BLK RIV FIRE - 4500 X .08 = 3.60 ANGIER, NC 27501 BLK RIV RESC - 4500 X .05 = 2.25 PENALTY - 3.74 TOTAL TO REFUND- 41.09 96-003476 MARY WOOD BETHEA VEHICLES LISTED AS COUNTYWIDE - 14,010 X .70 = 98.07 1996 APR 0 104 BUTCH STREET LICENSED & UNLICENSED TOTAL TO REFUND - 98.07 ERWIN, NC 28339 96-563182 WILLIAM G LEGG SOLD VEHICLE, TURNED COUNTYWIDE - 4392 X .70 = 30.74 1996 APR 0 4109 SANDCLA Y ROAD IN LICENSE PLATE AND CRK FIRE - 4392 X .13 = 5.71 SPRING LAKE, NC 28390 TOTAL TO REFUND - 36.45 . --... --. -- .=-. .I! -or """1 1~'~ ,......".::'" . Attachment 5. EXTRACTS FROM MINUTES OF BOARD OF COMMISSIONERS OF .Ln~ COUNTY OF HARNETT, SITTING AS THE GOVERNING BODY OF SOUTH CENTRAL WATER AND SEWER DISTRICT O~RN~TT COUN~ . The Board of Commissioners of the County of Harnett, sitting as the governing body of the South Central Water and Sewer District of Harnett County, convened in a special session during its meeting held on May 19, 1997 at 7:00 p.m. in the Harnett County Office Building, 102 East Front Street, Lillington, North Carolina. Board Members present were: Dan B. Andrews (Chairman), Walt Titchener, Beatrice Bailey Hill, Joseph T. Bowden, and Teddy Byrd. No members were absent. * * * * * Camri.ssiu. tt::L Hill presented the fol- lowing resolution and moved that it be adopted: WHEREAS, the bond order hereinafter described has taken . effect and the Board of Commissioners of the County of Harnett (the "Board") , sitting as the governing body of the South Central Water and Sewer District of Harnett County (the "Issuer") , desires to make provision for the issuance of bonds authorized by said bond order; and WHEREAS, the Board of the Issuer desires to sell the bonds at private sale without advertisement at a rate of interest not exceeding 5.00~ per annum; and WHEREAS, the Board of the Issuer has been informed of United States of America's undertaking to purchase said bonds at the rate of 5.00~ per annum, NOW THEREFORE, BE IT RESOLVED by the Board of Commissioners of the . County of Harnett, sitting as the governing body of the Issuer, as follows: (1 ) The Issuer shall issue its bonds of the aggregate principal amount of $1,000,000 pursuant to and in accordance with the water bond order adopted by the Board of the Issuer on December 6, 1993. The bonds shall be designated "Water Bonds," and referred to herein as the "Bonds." The period of usefulness of the capital ------- .-.. .~~. ~ -------.- -.----., ._~--~---_.~ ~-.-~-._.~~--~-_..__..- - (~ /! (,:) \~~-.J S:.i~ l) project to be financed by the issuance of the Bonds is a period of forty years computed from the date of the Bonds. (2 ) The Bonds shall be payable in annual installments on June 1 as follows: Principal Principal Principal Year ,Amount ~ Amount year Amount 2000 $10,500 2013 $19,000 2026 $35,500 . 2001 11,000 2014 19,500 2027 37,000 2002 11,500 2015 20,500 2028 39,000 2003 12,000 2016 21,500 2029 41,000 2004 12,000 2017 23,000 2030 42,000 2005 13,000 2018 24,000 2031 42,000 2006 13,500 2019 25,000 2032 42,000 2007 14,000 2020 26,500 2033 42,000 2008 15,000 2021 27,500 2034 42,000 2009 15,500 2022 29,000 2035 42,000 2010 16,500 2023 30,500 2036 42,000 2011 17,000 2024 32,000 2037 42,000 2012 18,000 2025 34,000 (3) The Bonds shall be dated June 1, 1997 (unless awarded to the United States of America in which case the Bonds shall be dated as of the date of delivery thereof), and shall bear interest from their date until they shall mature at a rate which shall not exceed 5.00% per annum. Such interest shall be payable . semi-annually on June 1 and December 1 in each year; provided, however, that if the Bonds shall be purchased by the United States of America, the interest on such Bonds to the maturity thereof shall be payable on June 1, 1998 and annually thereafter of the 1st day of June of each year. (4) The Bonds shall be issued as fully registered bonds without coupons in the denomination of $500 each or any integral multiple thereof and numbered in accordance with the system of the hereinafter designated bond registrar (the "Multiple Bonds"), or, at the option of the purchaser, as a single fully registered bond without coupons in the denomination of $1,000,000 (the "Single Bond II ) payable in installments. If issued as Multiple Bonds, the Bonds shall bear the facsimile signatures of the Chairman of the . governing body of the Issuer and the Clerk of the Issuer and a fac- simile of the corporate seal of the Issuer and the Certificate of Approval of the Local Government Commission shall bear a facsimile signature of the Secretary of said Commission. If issued as a Single Bond, the Bonds shall be signed by the Chairman of the governing body of the Issuer and the Clerk of the Issuer, the corporate seal of the Issuer shall be impressed thereon and the -~- ._~._-" --- -~ -~ :~ () '.,~: '. ,/ Certificate of Approval of the Local Government Commission shall be signed by a designated assistant of said Commission. ( 5 ) Within ninety days after the receipt by the Issuer of the written request of the registered owner of the Single Bond, the Issuer will, at its own expense, prepare and execute Multiple . Bonds in the form hereinafter set forth, of type, composition and printed on paper of customary weight and strength, in an aggregate principal amount equal to the unpaid principal amount of the Single Bond, and having maturities corresponding to the principal installments of the Single Bond then unpaid; and the Issuer will cause the Multiple Bonds to be presented to the transfer agent to be designated by the Issuer (the "Transfer Agent") for endorsement and for dating the authentication blank thereon and for delivery to the registered owner of the Single Bond upon surrender and cancellation of the Single Bond. ( 6) Except as in the next succeeding paragraph provided, interest on the Bonds shall be paid by check by the Issuer or a . paying agent to be designated by the Issuer (the "Paying Agent II) , and mailed to the registered owner of record as of 15 days prior to the interest payment date at his address as it appears on the bond registry books of the Transfer Agent, and principal of the Bonds shall be paid by check by the Paying Agent upon presentation of the Bonds for payment. The Single Bond purchased by the United States of America shall be payable in installments of principal and interest without presentation. (7 ) So long as the Bonds are held or insured by the United States of America, whether as a Single Bond or as Multiple Bonds, the principal thereon may be prepaid in whole or in part . without premium at any time in inverse order of maturity. (8 ) The Bonds not held or insured by the United States of America and maturing on and after June 1, 2008 shall be subject to redemption prior to their stated maturities at the option of the Issuer on or after June 1, 2007, in whole at any time or in part on any interest payment date, at a redemption price equal to the principal amount of each bond to be redeemed together with accrued interest thereon to the redemption date plus a redemption premium .. .__.~ r'~Q ~)~)" one-half of one percent (1/2 of 1%) of the principal amount of each bond to be redeemed for each period of twelve months or part thereof between the redemption date and the maturity date of each bond to be redeemed, provided that such premium shall not exceed two percent (2%) of such principal amount. If less than all of the Bonds of any maturity are called for redemption, the bonds to be redeemed shall be selected by the Issuer in such manner as it may determine. If less than all of the Bonds of different maturities . are called for redemption, the bonds to be redeemed shall be called in the inverse order of their maturities. If less than all of the principal amount of a Bond is to be redeemed, the Issuer shall exchange a bond of the denomination representing the portion of the Bond not redeemed to the registered owner in exchange for the Bond a portion of which is to be redeemed. Whenever the Issuer shall elect to redeem Bonds, notice of such redemption of Bonds, stating the redemption date, redemp- tion price and identifying the Bonds or portions thereof to be re- deemed by reference to their numbers and further stating that on such redemption date there shall become due and payable upon each bond or portion thereof so to be redeemed, the principal thereof, . redemption premium and interest accrued to the redemption date and that from and after such date interest thereon shall cease to ac- crue, shall be given not less than 30 days nor more than 45 days prior to the redemption date in writing to the registered owners, by pre-paid first-class mail, at their addresses as such addresses appear on the records of the Transfer Agent, as bond registrar, but any failure in respect of such mailing will not affect the validity of the redemption. (9 ) The Bonds are transferable by the registered owner thereof or his duly authorized attorney at the principal office of the Transfer Agent, upon surrender of the Bonds, accompanied by a duly executed instrument of transfer in form and with guaranty of . signature satisfactory to the Transfer Agent, and upon payment of any taxes or other governmental charges incident to such transfer. Upon any such transfer a new registered bond without coupons of the same maturity and in the same aggregate principal amount will be issued to the transferee. The person in whose name the Bond is registered shall be deemed the owner hereof for all purposes, and the Issuer, the Paying Agent and the Transfer Agent shall not be affected by any notice to the contrary. ~_. ,-- ------.-- 1''' 1 ';"_"1>, - ..~: '.~, .~:~ The Bonds are exchangeable at the sole expense of the Issuer at any time, upon ninety days' notice, at the request of the registered owner thereof and upon surrender of the Bonds to the Transfer Agent 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 Transfer Agent, for fully registered bonds in the denomination of $500 each or any integral multiple thereof, in an aggregate principal amount equal to the unpaid principal amount of the Bonds and in the form of such fully registered multiple bonds as is provided for in this resolution authorizing the issuance of the Bonds. (10) The Multiple Bonds and the provisions for the reg- istration thereof, for the approval of the Multiple Bonds by the Secretary of the Local Government Commission, and for authentica- tion of the Multiple Bonds by the Transfer Agent shall be in sub- stantially the following form: . (Form of Multiple Bonds) No. R- $ UNITED STATES OF AMERICA STATE OF NORTH CAROLINA SOUTH CENTRAL WATER AND SEWER DISTRICT OF HARNETT COUNTY WATER BOND DATE OF INTEREST ORIGINAL RATE MAJ.u.t(.ITY ISSUE June 1, 1997 REGISTERED OWNER: PRINCIPAL SUM: DOLLARS . South Central Water and Sewer District of Harnett County (hereinafter referred to as the "District) , a county water and sewer district in the State of North Carolina, acknowledges itself indebted and for value received hereby promises to pay to the registered owner named above on the date specified above, upon the surrender hereof, the principal sum shown above and to pay to the registered owner hereof interest thereon from the date of this bond 1_"".' r'"'!? '7'"', b~'>j . '~f .J i__ until it shall mature at the rate per annum as specified above, payable semi-annually on June 1 and December 1 of each year. Principal of this bond is payable by check by First-Citizens Bank & Trust Company, in Raleigh, North Carolina, as paying agent, or by the duly appointed alternate or successor paying agent (the "Paying Agent") , in such coin or currency of the United States of America as at the time of payment shall be legal tender for payment of . public and private debts. Interest on this bond is payable by check by the Paying Agent mailed to the registered owner hereof at his address as it appears on the bond registry books of First- Citizens Bank & Trust Company, in Raleigh, North Carolina, as transfer agent (the "Transfer Agent") , at the close of business on the fifteenth day of the calendar month (whether or not a business day) next preceding each interest payment date, in such coin or currency of the United States of America as at the time of payment shall be legal tender for payment of public and private debts. This bond is transferable by the registered owner hereof or his duly authorized attorney at the principal office of the Transfer Agent, upon surrender of this bond, accompanied by a duly . executed instrument of transfer in form and with guaranty of signature satisfactory to the Transfer Agent, and upon payment of any taxes or other governmental charges incident to such transfer. Upon any such transfer a new registered bond without coupons of the same maturity and in the same aggregate principal amount will be issued to the transferee. The person in whose name this bond is registered shall be deemed the owner hereof for all purposes, and the District, the Paying Agent and the Transfer Agent shall not be affected by any notice to the contrary. This bond is exchangeable at the sole expense of the District at any time, upon ninety days' notice, at the request of the registered owner hereof and upon surrender of this bond to the . Transfer Agent 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 Transfer Agent, for fully registered bonds in the denomination of $500 each or any integral multiple thereof, in an aggregate principal amount equal to the unpaid principal amount of this bond and in the form of such fully registered multiple bonds as is provided for in the resolution authorizing the issuance of this bond. t:.r " ~ \;..-,# .""_.....- This bond 1.S issued in accordance with the Registered Public Obligations Act, Chapter 159E of the General Statutes of North Carolina, and pursuant to The Local Government Finance Act, Chapter 159 of said General Statutes, and a bond order adopted by the Board of Commissioners of the County of Harnett, sitting as the . governing body of the District, on December 6, 1993 to pay capital costs of providing water facilities for the District. The issuance of this bond and the contracting of the indebtedness evidenced thereby were approved by a majority of the qualified voters of the District voting at an election held on January 18, 1994. The bonds not held or insured by the United States of America and maturing on and after June 1, 2008 shall be subject to redemption prior to their stated maturities at the option of the District on or after June 1, 2007, in whole at any time or in part on any interest payment date, at a redemption price equal to the principal amount of each bond to be redeemed together with accrued interest thereon to the redemption date plus a redemption premium of one-half of one percent (1/2 of 1%) of the principal amount of . each bond to be redeemed for each period of twelve months or part thereof between the redemption date and the maturity date of each bond to be redeemed, provided that such premium shall not exceed two percent of such principal amount. If less than all of the bonds of any maturity are called for redemption, the bonds to be redeemed shall be selected by the District in such manner as it may determine. If less than all of the bonds of different maturities are called for redemption, the bonds to be redeemed shall be called in the inverse order of their maturities. If less than all of the principal amount of a bond is to be redeemed, the District shall exchange a bond of the denomination representing the portion of the bond not redeemed to the registered owner in exchange for the bond, . a portion of which is to be redeemed. Whenever the District shall elect to redeem bonds, notice of such redemption of bonds, stating the redemption date, redemption price and identifying the bonds or portions thereof to be redeemed by reference to their numbers and further stating that on such redemption date there shall become due and payable upon each bond or portion thereof so to be redeemed, the principal thereof, redemption premium and interest accrued to -- ---.-- ,--- C~L! t,l",. '~~} ~,~j' v the redemption date and that from and after such date interest thereon shall cease to accrue, shall be given not less than 30 days nor more than 45 days prior to the redemption date in writing to the registered owners, by pre-paid first-class ma iI, at their addresses as such addresses appear on the records of the Transfer Agen t , but any failure in respect of such mailing will not affect . the validity of the redemption. So long as this bond ~s held or insured by the United States of America, the principal thereof may be prepaid in whole or in part without premium at any time in inverse order of maturity. It is hereby certified and recited that all conditions, acts and things required by the Constitution or statutes of the State of North Carolina to exist, be performed or happen precedent to or in the issuance of this bond, exist, have been performed and have happened, and that the amount of this bond, together with all other indebtedness of the District, is within every debt and other limitation prescribed by said Constitution or statutes. The faith and credit of the District are hereby pledged to the punctual . payment of the principal of and interest on this bond in accordance with its terms. This bond shall not be valid or become obligatory for any purpose until the certifications hereon shall have been signed by authorized representatives of the Local Government Commission of North Carolina and the Transfer Agent. IN WITNESS WHEREOF, the District has caused this bond to bear the facsimile signatures of the Chairman of the governing body of the District and the Clerk of the District and a facsimile of the corporate seal of the District to be imprinted hereon, and this bond to be dated June 1, 1997. (facsimile s i ana t :u.re ) . Chairman, governing body of South Central Water and Sewer (DISTRICT) District of Harnett County ( SEAL) (facsimile signature) Clerk, South Central Water and Sewer District of Harnett County -- -~-~_._- -~~~ ~~~,.-..-~.- ,4"O~ t:~ .,) Transfer Agent's Certificate of Authentication This bond is one of the bonds of the issue designated herein and issued under the within-mentioned bond order. . FIRST-CITIZENS BANK & TRUST COMPANY By: Authorized Signatory '" Date of Authentication CERTIFICATE OF LOCAL GOVERNMENT COMMISSION The issue hereof has been approved under the provisions of The Local Government Bond Act. . (fa~simile signat_u~) Secretary of the Local Government Commission ASSIGNMENT For value received the undersigned registered owner thereof hereby sells, assigns, and transfers unto the within bond and all rights thereunder and hereby irrevocably constitutes and appoints attorney to register the transfer of said bond on the books kept for registration thereof, with full power of substitution in the . premises. Signature Guaranteed: Dated: NOTICE: The assignor's signature to this assignment must correspond with the name as it appears upon the face of the within bond in every particular, without alteration or enlargement or any change whatever. ._T' '. '_. ~____ -"- '-- C. t:\ r~ "" J.~ ""~" ''c:,:::~' ~_,__..;.. (11 ) The Single Bond, the provisions for entry of pay- ments of principal and interest with respect thereto, for assign- ment thereof and for approval thereof by the Secretary of the Local Government Commission to be endorsed thereon shall be in substantially the following form: . (form of Single Bond) UNITED STATES OF AMERICA STATE OF NORTH CAROLINA SOUTH CENTRAL WATER AND SEWER DISTRICT OF HARNETT COUNTY WATER BOND R-1 $1,000,000 South Central Water and Sewer District of Harnett County (hereinafter called the "District") , a county water and sewer district in the State of North Carolina, acknowledges itself indebted and for value received, hereby promises to pay to [the . UNITED STATES OF AMERICA], or its registered assigns, the principal sum of $1,000,000 on the first day of June in years and installments, as follows: Principal Principal Principal ~ ,Amount Xear Amount. :Yea~ Amount 2000 $10,500 2013 $19,000 2026 $35,500 2001 11,000 2014 19,500 2027 37,000 2002 11,500 2015 20,500 2028 39,000 2003 12,000 2016 21,500 2029 41,000 2004 12,000 2017 23,000 2030 42,000 2005 13,000 2018 24,000 2031 42,000 2006 13,500 2019 25,000 2032 42,000 2007 14,000 2020 26,500 2033 42,000 2008 15,000 2021 27,500 2034 42,000 2009 15,500 2022 29,000 2035 42,000 2010 16,500 2023 30,500 2036 42,000 2011 17,000 2024 32,000 2037 42,000 2012 18,000 2025 34,000 . in such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of debts due the United States of America, and to pay interest on the balance of said principal sum from time to time remaining unpaid, in like coin or currency, at the rate of five per centum (5.00%) per annum on June 1, 1998, and annually thereafter on June 1 of each year, until the principal amount hereof has been paid. ....~ t . .(~ Payments of the installments of principal and interest then due and payable on this bond shall be made without presentation or surrender hereof. Upon final payment of principal and interest, this bond shall be surrendered to the District for cancellation. . This bond is issued in accordance with the Registered Public Obligations Act, Chapter 159E of the General Statutes of North Carolina, and pursuant to The Local Government Finance Act, Chapter 159 of said General Statutes, and a bond order adopted by the Board of Commissioners of the County of Harnett, sitting as the governing body of the District, on December 6, 1993 to pay capital costs of providing water facilities for the District. The issuance of this bond and the contracting of the indebtedness evidenced thereby were approved by a majority of the qualified voters of the District voting at an election held on January 18, 1994. This bond is exchangeable at the sole expense of the District at any time, upon ninety days' notice, at the request of the registered owner hereof and upon surrender of this bond to the . District, for fully registered bonds, in the denomination of $500 each or any integral multiple thereof, in an aggregate principal amount equal to the unpaid principal amount of this bond and in the form of such fully registered multiple bonds as is provided for in the resolution authorizing the issuance of the bonds. This bond may be assigned and upon such assignment the assignor shall promptly notify the District by registered mail, and the assignee shall surrender the same to the District for transfer on the registration records, or in exchange for fully registered bonds in the denomination of $500 each or any integral multiple thereof, in an aggregate principal amount equal to the unpaid principal amount of such single registered bond and bearing . maturities corresponding to the principal installments on such single registered bond then unpaid, and every such assignee shall take this bond subject to such condition. The person in whose name this bond is registered shall be deemed the owner thereof for all purposes. So long as this bond is held or insured by the United States of America, the principal installments hereof may be prepaid in whole or in part at any time in inverse order of maturity. _._~~-- -_._-~~_.~--.-~---. ~_. ---------~-~- __.__r________~_~__. .. _ p"lF'"c; ",~ '~" JI iY''l' "')" : "~",.:;jt (~>", ......,./ It is hereby certified and recited that all conditions, acts and things required by the Constitution or statutes of the State of North Carolina to exist, be performed or happen precedent to or in the issuance of this bond, exist, have been performed and have happened, and that this bond is within every limitation pre- . scribed by said Constitution or statutes. The faith and credit of the District are hereby pledged to the punctual payment of the principal of and interest on this bond in accordance with its terms. IN WITNESS WHEREOF, the District has caused this bond to be signed by the Chairman of the governing body of the District and the Clerk of the District and sealed with the corporate seal of the District and this bond to be dated Chairman, governing body of South Central Water and Sewer District of Harnett County (DISTRICT) . ( SEAL) Clerk, South Central Water and Sewer District of Harnett County CERTIFICATE OF LOCAL GOVERNMENT COMMISSION The issuance of the within bond has been approved under the provisions of The Local Governmenc Bond Act. Secretary of the Local Government Commission By: . Designated Assistant ---~- -~.- t., r"~ r~ "") '\0;. ,f'-~"\ ,~:>~" '. _) PAYMENT RECORD Name of Principal Interest Paying Agent, Principal Balance Payment Date Authorized Due Date Payment D11e- J..5....jlO%l ~ Qf.f - &T~ June I, 1998 S June I, 1999 June I, 2000 --10.1300 June 1, 2001 11.000 ti;ne 1, 2002 --1.l.sno ne 1, 2003 --12.000 une 1, 2004 ---12 . 000 June 1, 2005 --13.000 June 1, 2006 --1.~.SOO June I, 2007 14.000 June I, 2008 15.000 June I, 2009 15.500 June I, 2010 16.500 June 1, 2011 17.000 June I, 2012 18.000 June 1, 2013 19.000 June 1, 2014 I9.S00 June I, 2015 ?o.sno June I, 2016 ;Z1.S00 June 1, 2017 23.000 June I, 2018 24.000 June I, 2019 31:).000 June I, 2020 ?fi.sno June I, 2021 ?7.S00 June I, 2022 ?9.000 June I, 2023 10.500 June I, 2024 12.000 ~el' 2025 34.000 e I, 2026 3S.S00 u ne I, 2027 37.000 June I, 2028 ~9.000 June I, 2029 41.000 June I, 2030 42.000 June 1, 2031 4:?000 June 1, 2032 42.000 June 1, 2033 4~.000 June 1; 2034 4~.000 June 1, 2035 4~.000 June I, 2036 42.000 June 1, 2037 42,000 SCHEDULE "A" Principal installments on which payments have been made prior to maturity. . Name of Paying Principal Due Agent, Authorized Principal Off. & Date Amount Payment Balance Date Paid Title _. ,--",.._.--"..,..~- -_.~ ~--~.~.........--.---~._-_._- ._--~- -~---~-_.._~-,-------~--' ~_.~- -~-_.----- A~SIGNMENT ,.. r" n ~r.-) ::~: '=~ For value received the undersigned registered owner thereof hereby sells, assigns, and transfers unto the within bond and all rights thereunder and hereby irrevocably constitutes and appoints attorney to register the transfer of said bond on the books kept for registration thereof, with full power of substitution in the . premises. Signature Guaranteed: Dated: NOTICE: The assignor's signature to this assignment must correspond with the name as it appears upon the face of the within bond in every particular, without alteration or enlargement or any change whatever. (12) Actions taken or to be taken by officials of the Issuer to select paying agents, transfer agents and a bond . registrar, or alternate or successor agents and registrars pursuant to Section 159E-8 of the Registered Public Obligations Act, Chapter 159E of the General Statutes of North Carolina, are hereby authorized and approved. (13) The Bonds shall be sold to the United States of America at private sale without advertisement in the. form of a single registered bond bearing interest at the rate of 5.00% per annum, provided that the Local Government Commission shall determine that such price is in the best interest of the Issuer. (14) The Chairman of the governing body of the Issuer and the Clerk of the Issuer are hereby authorized and directed to cause the Bonds to be prepared and, when they shall have been duly sold by the Local Government Commission, to execute the Bonds and . to turn the Bonds over to the State Treasurer of North Carolina or to the Transfer Agent for delivery to the purchaser or purchasers to whom the Bonds may be sold by said Commission. (15) The Issuer covenants to comply with the provisions of the Internal Revenue Code of 1986, as amended (the "Code") , to the extent required to preserve the exclusion from gross income of interest on the Bonds for Federal income tax purposes. -- (; r" 1 ,...:.~.-... (16) The Issuer hereby represents that ( i) the proposed $1,000,000 Water Bonds are not private activity bonds as defined in the Code and (ii) the Issuer, together with any subordinate entities of the Issuer and any entities which issue obligations on behalf of the Issuer, reasonably expects that it will not issue in the aggregate more than $10,000,000 of tax-exempt obligations . (other than private activity bonds which are not qualified 501 (c) (3) bonds) during the current calendar year. In addition, the Issuer hereby designates the Bonds as "qualified tax-exempt obligations" for the purposes of Section 26S(b) (3) of the Code. (17) The power to make any election on behalf of the Issuer with respect to the arbitrage rebate provisions of the Code applicable to the Bonds is hereby delegated to the Chairman of the governing body of the Issuer and the Clerk of the Issuer. The motion having been duly seconded, and the resolution having been considered, it was adopted by the following vote: AYES: 5 NAYS: 0 . * * * * * Attachment 6. EXTRACTS FROM MINUTES OF BOARD OF COMMISSIONERS OF THE COUNTY OF HARNETT, SITTING AS THE GOVERNING BODY OF SOu~nWEST WATER AND SEWER DISTRICT OF HARNETT COUNTY The Board of Commissioners of the County of Harnett, sitting as the governing body of the Southwest Water and Sewer District of Harnett County, convened in a special session during its meeting held on May 19, 1997 at 7:00 p.m. in the Harnett County Office Building, 102 East Front Street, Lillington, North Carolina. . . Board Members present were: Dan B. Andrews (Chairman), Walt Titchener, Beatrice Bailey Hill, Joseph T. Bowden, and Teddy Byrd. No members were absent. * * * * * G:mrri c:::c:::; 'oA J.::I. Hill presented the following resolution and moved that it be adopted: WHEREAS, the bond order hereinafter described has taken effect and the Board of Commissioners of the County of Harnett, sitting as the governing body of the Southwest Water and Sewer "- "~----- --._-- -------'-'"' ,_.. .-,-. ~--- "~r? j....o ',,,,-,-}- \;---' .:....-.... District of Harnett County (the "Issuer") , desires to make provision for the issuance of bonds authorized by said bond order; and WHEREAS, the Board of the Issuer desires to sell the bonds at private sale without advertisement at a rate of interest not exceeding 5.00% per annum, NOW THEREFORE, . BE IT RESOLVED by the Board of Commissioners of the County of Harnett, sitting as the governing body of the Issuer, as follows: (1) The Issuer shall issue its bonds of the aggregate principal amount of $880,000 pursuant to and in accordance with the water bond order adopted by the Board of the Issuer on March 6, 1989. The bonds shall be designated "Water Bonds, " and referred to herein as the "Bonds." The period of usefulness of the capital project to be financed by the issuance of the Bonds is a period of forty years computed from the date of the Bonds. (2 ) The Bonds shall be payable in annual installments on June 1 as follows: . Principal Principal Principal }!'eat: ,Amoun..t. 'J;ear ,Amoun..t. ~ Amount 2000 $ 9,500 2013 $16,000 2026 $31,000 2001 9,500 2014 17,000 2027 32,500 2002 10,000 2015 18,000 2028 34,000 2003 10,000 2016 19,000 2029 35,500 2004 10,500 2017 20,000 2030 37,000 2005 11,000 2018 21,000 2031 38,000 2006 11,500 2019 22,000 2032 38,000 2007 12,000 2020 23,000 2033 38,000 2008 12,500 2021 24,000 2034 38,000 2009 13,500 2022 25,500 2035 38,000 2010 14,000 2023 26,500 2036 38,000 2011 15,000 2024 28,000 2037 38,000 2012 15,500 2025 29,500 (3) The Bonds shall be dated June 1, 1997 (unless awarded to the United States of America in which case the Bonds shall be dated as of the date of delivery thereof), and shall . bear interest from their date until they shall mature at a rate which shall not exceed 5.00% per annum. Such interest shall be payable semi-annually on June 1 and December 1 in each year; provided, however, that if any Bonds shall be purchased by the United States of America, the interest on such Bonds to the maturity thereof shall be payable on June 1, 1998 and annually thereafter of the 1st day of June of each year. ------_.~--~.,. '"-~_.~...__._._._--- ----- ,(~3 (4) The Bonds shall be issued as fully registered bonds without coupons in the denomination of $500 each or any integral multiple thereof and numbered in accordance with the system of the hereinafter designated bond registrar (the "Multiple Bonds"), or, at the option of the purchaser, as a single fully registered bond without coupons in the denomination of $880,000 (the "Single Bond") payable in installments. If . issued as Multiple Bonds, the Bonds shall bear the facsimile signatures of the Chairman of the governing body of the Issuer and the Clerk of the Issuer and a facsimile of the corporate seal of the Issuer and the Certificate of Approval of the Local Government Commission shall bear a facsimile signature of the Secretary of said CULLllLLission. If issued as a Single Bond, the Bonds shall be signed by the Chairman of the governing body of the Issuer and the Clerk of the Issuer, the corporate seal of the Issuer shall be impressed thereon and the Certificate of Approval of the Local Government Commission shall be signed by a designated assistant of said Commission. (5 ) Within n~nety days after the receipt by the Issuer . of the written request qf the registered owner of the Single Bond, the Issuer will, at its own expense, prepare and execute Multiple Bonds in the form hereinafter set forth, of type, i composition and printed Ion paper of customary weight and strength, in an aggrega~e principal amount equal to the unpaid I principal amount of the Single Bond, and having maturities corresponding to the principal installments of the Single Bond then unpaid; and the Issuer will cause the Multiple Bonds to be presented to the transfer agent to be designated by the Issuer (the "Transfer Agent") for endorsement and for dating the authentication blank thereon and for delivery to the registered owner of the Single Bond upon surrender and cancellation of the . Single Bond. (6 ) Except as in the next succeeding paragraph provided, interest on the Bonds shall be paid by check by the Issuer or a paying agent to be designated by the Issuer (the "Paying Agent") , and mailed to the registered owner of record as of 15 days prior to the interest payment date at his address as it appears on the bond registry books of the Transfer Agent, and principal of the Bonds shall be paid by check by the Paying Agent upon presentation of the Bonds for payment. -~ -.. ---.- ~~-,--_._~-~~~- . -.--,. -'--'~'--'-"'-~~~~-"'-'---~''-~ --.----.-------.,--- ,--,,~~"-'--'-~-'-'--' r"'-- I""" ;"c" it '''\.::;.-1 '~~,i '~l' The Single Bond purchased by the United States of America shall be payable in installments of principal and interest without presentation. (7) So long as the Bonds are held or insured by the United States of America, whether as a Single Bond or as Multiple Bonds, the principal thereon may be prepaid in whole or in part . without premium at any time in inverse order of maturity. (8 ) The Bonds not held or insured by the United States of America and maturing on and after June 1, 2008 shall be subject to redemption prior to their stated maturities at the option of the Issuer on or after June 1, 2007, in whole at any time or in part on any interest payment date, at a redemption price equal to the principal amount of each bond to be redeemed together with accrued interest thereon to the redemption date plus a redemption premium of one-half of one percent (1/2 of 1%) of the principal amount of each bond to be redeemed for each period of twelve months or part thereof between the redemption date and the maturity date of each bond to be redeemed, provided . that such premium shall not exceed two percent (2% ) of such principal amount. If less than all of the Bonds of any maturity are called for redemption, the bonds to be redeemed shall be selected by the Issuer in such manner as it may determine. If less than all of the Bonds of different maturities are called for redemption, the bonds to be redeemed shall be called in the inverse order of their maturities. If less than all of the principal amount of a Bond is to be redeemed, the Issuer shall exchange a bond of the denomination representing the portion of the Bond not redeemed to the registered owner in exchange for the Bond a portion of which is to be redeemed. Whenever the Issuer shall elect to redeem . Bonds, notice of such redemption of Bonds, stating the redemption date, redemption price and identifying the Bonds or portions thereof to be redeemed by reference to their numbers and further stating that on such redemption date there shall become due and payable upon each bond or portion thereof so to be redeemed, the principal thereof, redemption premium and interest accrued to the redemption date and that from and after such date interest ~ ""-'~' thereon shall cease to accrue, shall be given not less than 30 days nor more than 45 days prior to the redemption date in writing to the registered owners, by pre-paid first-class mail, at their addresses as such addresses appear on the records of the . Transfer Agent, as bond registrar, but any failure in respect of such mailing will not affect the validity of the redemption. (9 ) The Bonds are transferable by the registered owner thereof or his duly authorized attorney at the principal office of the Transfer Agent, upon surrender of the Bonds, accompanied by a duly executed instrument of transfer in form and with guaranty of signature satisfactory to the Transfer Agent, and upon payment of any taxes or other governmental charges incident to such transfer. Upon any such transfer a new registered bond without coupons of the same maturity and in the same aggregate principal amount will be issued to the transferee. The person in whose name the Bond is registered shall be deemed the owner hereof for all purposes, and the Issuer, the Paying . Agent and the Transfer Agent shall not be affected by any notice to the contrary. The Bonds are exchangeable at the sole expense of the Issuer at any time, upon ninety days' notice, at the request of the registered owner thereof and upon surrender of the Bonds to the Transfer Agent 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 Transfer Agent, for fully registered bonds in the denomination of $500 each or any integral multiple thereof, in an aggregate principal amount equal to the unpaid principal amount of the Bonds and in the form of such fully registered multiple bonds as is provided for in this . resolution authorizing the issuance of the Bonds. (10) The Multiple Bonds and the provisions for the registration thereof, for the approval of the Multiple Bonds by the Secretary of the Local Government Commission, and for authentication of the Multiple Bonds by the Transfer Agent shall be in substantially the following form: ""r"'~ hb, ' If,,-~' ,:;.""~ '>:'"--/ (Form of Multiple Bonds) No. R- $ . UNITED STATES OF AMERICA STATE OF NORTH CAROLINA SOu~nWEST WATER AND SEWER DISTRICT OF HARNETT COUNTY WATER BOND . DATE OF INTEREST ORIGINAL RATE MA.L"U.ld TY ISSUE June 1, 1997 REGISTERED OWNER: PRINCIPAL SUM: DOLLARS Southwest Water and Sewer District of Harnett County (hereinafter referred to as the "District), a county water and sewer district in the State of North Carolina, acknowledges itself indebted and for value received hereby promises to pay to the registered owner named above on the date specified above, upon the surrender hereof, the principal sum shown above and to pay to the registered owner hereof interest thereon from the date . of this bond until it shall mature at the rate per annum as specified above, payable semi-annually on June 1 and December 1 of each year. Principal of this bond is payable by check by First-Citizens Bank & Trust Company, in Raleigh, North Carolina, as paying agent, or by the duly appointed alternate or successor paying agent (the "Paying Agen t " ) , in such coin or currency of the United States of America as at the time of payment shall be legal tender for payment of public and private debts. Interest on this bond is payable by check by the Paying Agent mailed to the registered owner hereof at his address as it appears on the bond registry books of First-Citizens Bank & Trust Company, in Raleigh, North Carolina, as transfer agent (the "Transfer . Agent") , at the close of business on the fifteenth day of the calendar month (whether or not a business day) next preceding each interest payment date, in such coin or currency of the United States of America as at the time of payment shall be legal tender for payment of public and private debts. This bond is transferable by the registered owner hereof or his duly authorized attorney at the principal office of --- r"" " the Transfer Agent, upon surrender of this bond, accompanied by a duly executed instrument of transfer in form and with guaranty of signature satisfactory to the Transfer Agent, and upon payment of any taxes or other governmental charges incident to such transfer. Upon any such transfer a new registered bond without coupons of the same maturity and in the same aggregate principal . amount will be issued to the transferee. The person in whose name this bond is registered shall be deemed the owner hereof for all purposes, and the District, the Paying Agent and the Transfer Agent shall not be affected by any notice to the contrary. This bond is exchangeable at the sole expense of the District at any time, upon ninety days' notice, at the request of the registered owner hereof and upon surrender of this bond to the Transfer Agent together with an assignment duly executed by the registered owner or his attorney or legal representative ln such form as shall be satisfactory to the Transfer Agent, for fully registered bonds in the denomination of $500 each or any integral multiple thereof, in an aggregate principal amount equal . to the unpaid principal amount of this bond and in the form of such fully registered multiple bonds as is provided for in the resolution authorizing the issuance of this bond. This bond is issued in accordance with the Registered Public Obligations Act, Chapter 159E of the General Statutes of North Carolina, and pursuant to The Local Government Finance Act, Chapter 159 of said General Statutes, and a bond order adopted by the Board of Commissioners of the County of Harnett, sitting as the governing body of the District, on March 6, 1989 to pay capital costs of providing water facilities for the District. The issuance of this bond and the contracting of the indebtedness evidenced thereby were approved by a majority of the qualified . voters of the District voting at an election held on April 25, 1989. The bonds not held or insured by the United States of America and maturing on and after June 1, 2008 shall be subject to redemption prior to their stated maturities at the option of the District on or after June 1, 2007, in whole at any time or in part on any interest payment date, at a redemption price equal to - .-~---.-..- -.__._~ _ _ __~._._.._.___~___~__,~_.___ r~__'_______~_~~'._.'_ ___~,. '''''''9 F:; ;" '" '" ~."J the principal amount of each bond to be redeemed together with accrued interest thereon to the redemption date plus a redemption premium of one-half of one percent (1/2 of 1%) of the principal amount of each bond to be redeemed for each period of twelve months or part thereof between the redemption date and the maturity date of each bond to be redeemed, provided that such . premium shall not exceed two percent of such principal amount. If less than all of the bonds of any maturity are called for redemption, the bonds to be redeemed shall be selected by the District in such manner as it may determine. If less than all of the bonds of different maturities are called for redemption, the bonds to be redeemed shall be called in the inverse order of their maturities. If less than all of the principal amount of a bond is to be redeemed, the District shall exchange a bond of the denomination representing the portion of the bond not redeemed to the registered owner in exchange for the bond, a portion of which is to be redeemed. Whenever the District shall elect to redeem bonds, notice of such redemption of bonds, stating the redemption . date, redemption price and identifying the bonds or portions thereof to be redeemed by reference to their numbers and further stating that on such redemption date there shall become due and payable upon each bond or portion thereof so to be redeemed, the principal thereof, redemption premium and interest accrued to the redemption date and that from and after such date interest thereon shall cease to accrue, shall be given not less than 30 days nor more than 45 days prior to the redemption date in writing to the registered owners, by pre-paid first-class mail, at their addresses as such addresses appear on the records of the Transfer Agent, but any failure in respect of such mailing will not affect the validity of the redemption. So long as this bond . is held or insured by the United States of America, the principal thereof may be prepaid in whole or in part without premium at any time in inverse order of maturity. It is hereby certified and recited that all conditions, acts and things required by the Constitution or statutes of the State of North Carolina to exist, be performed or happen precedent to or in the issuance of this bond, exist, have been ,-~-,- --~-~-~ ~-~ ..-- ,-_. --- - () "':.~- ! .- "'...-~~ performed and have happened, and that the amount of this bond, together with all other indebtedness of the District, is within every debt and other limitation prescribed by said Constitution or statutes. The faith and credit of the District are hereby pledged to the punctual payment of the principal of and interest on this bond in accordance with its terms. This bond shall not be valid or become obligatory for . any purpose until the certifications hereon shall have been signed by authorized representatives of the Local Government Commission of North Carolina and the Transfer Agent. IN WITNESS WHEREOF, the District has caused this bond to bear the facsimile signatures of the Chairman of the governing body of the District and the Clerk of the District and a facsimile of the corporate seal of the District to be imprinted hereon, and this bond to be dated June 1, 1997. {facsimile signaturp,\ Chairman, governing body of Southwest Water and Sewer (DISTRICT) District of Harnett County ( SEAL) . (facsimile signaturp.) Clerk, Southwest Water and Sewer District of Harnett County Transfer Agent's Certificate of Authentication This bond is one of the bonds of the issue designated herein and issued under the within-mentioned bond order. FIRST-CITIZENS BANK & TRUST COMPANY By: Authorized Signatory . Date of Authentication CERTIFICATE OF LOCAL GOVERNMENT COMMISSION The issue hereof has been approved under the provisions of The Local Government Bond Act. (facsimile signatu~) Secretary of the Local Government Commission - - ~_.- -,_._----~-~-~--~._._-~. ~--. ----- -- _"~'T__ .'_'_'".~~ Q"'n jJ' ",,,'; ASSIGNMENT For value received the undersigned registered owner thereof hereby sells, assigns, and transfers unto the within bond and all rights thereunder'and hereby irrevocably constitutes and appoints . attorney to register the transfer of said bond on the books kept for registration thereof, with full power of substitution in the premises. Signature Guaranteed: Dated: NOTICE: The assignor's signature to this assignment must correspond with the name as it appears upon the face of the within bond in every particular, without alteration or enlargement or any change whatever. (11) The Single Bond, the provisions for entry of pay- . ments of principal and interest with respect thereto, for assign- ment thereof and for approval thereof by the Secretary of the Local Government Commission to be endorsed thereon shall be in substantially the following form: (form of Single Bond) UNITED STATES OF AMERICA STATE OF NORTH CAROLINA SOUTHWEST WATER AND SEWER DISTRICT OF HARNETT COUNTY WATER ,BOND R-l $880,000 . . Southwest Water and Sewer District of Harnett County (hereinafter called the "Districtn) , a county water and sewer district in the State of North Carolina, acknowledges itself indebted and for value received, hereby promises to pay to [the UNITED STATES OF AMERICA] , or its registered assigns, the - -,-_._~_.~---_.---~- -"- -~- -. ('- '=7 ~'1 ',~, '. principal sum of $880,000 on the first day of June in years and installments, as follows: Principal Principal Principal X9X Amount I:ear Amount Xear Amount 2000 $ 9,500 2013 $16,000 2026 $31,000 2001 9,500 2014 17,000 2027 32,500 2002 10,000 2015 18,000 2028 34,000 . 2003 10,000 2016 19,000 2029 35,500 2004 10,500 2017 20,000 2030 37,000 2005 11,000 2018 21,000 2031 38,000 2006 11,500 2019 22,000 2032 38,000 2007 12,000 2020 23,000 2033 38,000 2008 12,500 2021 24,000 2034 38,000 2009 13,500 2022 25,500 2035 38,000 2010 14,000 2023 26,500 2036 38,000 2011 15,000 2024 28,000 2037 38,000 2012 15,500 2025 29,500 in such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of debts due the United States of America, and to pay interest on the balance of said principal sum from time to time remaining . unpaid, in like coin or currency, at the rate of five per centum (5.00%) per annum on June 1, 1998/ and annually thereafter on June 1 of each year, until the principal amount hereof has been paid. Payments of the installments of principal and interest then due and payable on this bond shall be made without presentation or surrender hereof. Upon final payment of principal and interest, this bond shall be surrendered to the District for cancellation. This bond is issued in accordance with the Registered Public Obligations Act, Chapter 159E of the General Statutes of North Carolina, and pursuant to The Local Government Finance Act, . Chapter 159 of said General Statutes, and a bond order adopted by the Board of Commissioners of the County of Harnett, sitting as the governing body of the District, on March 6, 1989 to pay capital costs of providing water facilities for the District. The issuance of this bond and the contracting of the indebtedness evidenced thereby were approved by a majority of the qualified voters of the District voting at an election held on April 25, 1989. ,~ <":~ ? :'1"".-y.. !Y \~.::.:-j (' ~..- This bond is exchangeable at the sole expense of the District at any time, upon ninety days' notice, at the request of the registered owner hereof and upon surrender of this bond to the District, for fully registered bonds, in the denomination of $500 each or any integral multiple thereof, in an aggregate principal amount equal to the unpaid principal amount of this . bond and in the form of such fully registered multiple bonds as is provided for in the resolution authorizing the issuance of the bonds. This bond may be assigned and upon such assignment the assignor shall promptly notify the District by registered mail, and the assignee shall surrender the same to the District for transfer on the registration records, or in exchange for fully registered bonds in the denomination of $500 each or any integral multiple thereof, in an aggregate principal amount equal to the unpaid principal amount of such single registered bond and bearing maturities corresponding to the principal installments on such single registered bond then unpaid, and every such assignee . shall take this bond subject to such condition. The person in whose name this bond is registered shall be deemed the owner thereof for all purposes. So long as this bond is held or insured by the United States of America, the principal installments hereof may be prepaid in whole or in part at any time in inverse order of maturity. It is hereby certified and recited that all conditions, acts and things required by the Constitution or statutes of the State of North Carolina to exist, be performed or happen precedent to or in the issuance of this bond, exist, have been performed and have happened, and that this bond is within every limitation prescribed by said Constitution or statutes. The . faith and credit of the District are hereby pledged to the punctual payment of the principal of and interest on this bond in accordance with its terms. IN WITNESS WHEREOF, the District has caused this bond to be signed by the Chairman of the governing body of the District and the Clerk of the District and sealed with the corporate seal of the District and this bond to be dated \ ---- Chairman, Southwest governing body of Water and Sewer District of Harnett County (DISTRICT) ( SEAL) Clerk, Southwest Water and Sewer District of Harnett County . CERTIFICATE OF LOCAL GOVERNMENT COMMISSION' The issuance of the within bond has been approved under the provisions of The Local Government Bond Act. Secretary of the Local Government Commission By: Designated Assistant PAYMENT RECORD Name of Principal Interest Paying Agen t, Principal Balance Payment Date Authorized Due Date Pa vme.nt, DlJe CS.OO%t ~ Off. & Title. June 1, 1998 S June 1, 1999 June 1, 2000 9.500 ene 1, 2001 9.500 ne 1, 2002 10.000 June I, 2003 ---10.000 June I, 2004 ---10.500 June 1, 2005 11.000 June I, 2006 11.. tiOO . June I, 2007 --l2.000 June I, 2008 --l2. SOO June I, 2009 13.500 June I, 2010 -.J4.000 June I, 2011 ---1S.000 June 1, 2012 lS,SOO June I, 2013 16..000_ June 1, 2014 17.000 June I, 2015 18.000 June 1, 2016 19.000 June I, 2017 20.000 June 1, 2018 41.000 June I, 2019 22.000 June I, 2020 23.000 June I, 2021 24.000 June I, 2022 25.S00 June 1, 2023 26.S00 .ne 1, 2024 28.000 ne 1, 2025 29.S00 June I, 2026 31.000 June 1, 2027 32.S00 June 1, 2028 ~4.000 June 1, 2029 35.500 June 1, 2030 37.000 June I, 2031 38.000 June I, 2032 38.000 June 1, 2033 ~R.OOO June I, 2034 ~R.OOO June I, 2035 38.000 June I, 2036 3R.000 June 1, 2037 38.000 =->i /~ l J ~'"'~'" SCHEDULE " A II Principal installments on which payments have been made prior to maturity. ...,-- I Name of Paying Principal Due Agent, . Authorize Principal Off. & Date Amount Payment Balance Date Paid Title ASSIGNMENT For value received the undersigned registered owner thereof hereby sells, assigns, and transfers unto the within bond and all rights thereunder and hereby irrevocably constitutes and appoints . attorney to register the transfer of said bond on the books kept for registration thereof, with full power of substitution in the premises. Signature Guaranteed: Dated: NOTICE: The assignor's signature to this assignment must correspond with the name as it appears upon the face of the within bond in every particular, without alteration or enlargement or any change whatever. (12) Actions taken or to be taken by officials of the . Issuer to select paying agents, transfer agents and a bond registrar, or alternate or successor agents and registrars pursuant to Section 159E-8 of the Registered Public Obligations Act, Chapter 159E of the General Statutes of North Carolina, are hereby authorized and approved. "- -- - . ~_. - t:) (13) The Bonds shall be sold to the United States of America at private sale without advertisement in the form of a single registered bond bearing interest at the rate of 5.00% per annum, provided that the Local Government Commission shall determine that such price is in the best interest of the Issuer. (14) The Chairman of the governing body of the Issuer . and the Clerk of the Issuer are hereby authorized and directed to cause the Bonds to be prepared and, when they shall have been duly sold by the Local Government Commission, to execute the Bonds and to turn the Bonds over to the State Treasurer of North Carolina or to the Transfer Agent for delivery to the purchaser or purchasers to whom the Bonds may be sold by said Commission. (15) The Issuer covenants to comply with the provisions of the Internal Revenue Code of 1986, as amended (the "Code") , to the extent required to preserve the exclusion from gross income of interest on the Bonds for Federal income tax pur- poses. (16) The Issuer hereby represents that (i) the . proposed $880,000 Water Bonds are not private activity bonds as defined in the Code and (ii) the Issuer, together with any subordinate entities of the Issuer and any entities which issue obligations on behalf of the Issuer, reasonably expects that it will not issue in the aggregate more than $10,000,000 of tax- exempt obligations (other than private activity bonds which are not qualified 501 (c) (3) bonds) during the current calendar year. In addition, the Issuer hereby designates the Bonds as "qualified tax-exempt obligations" for the purposes of Section 265(b) (3) of the Code. (17) The power to make any election on behalf of the Issuer with respect to the arbitrage rebate provisions of the . Code applicable to the Bonds is hereby delegated to the Chairman of the governing body of the Issuer and the Clerk of the Issuer. The motion having been duly seconded, and the resolution having been considered, it was adopted by the following vote: AYES: 5 NAYS: 0 * * * * * " ---,. ._._..~...~.~ ..._~..__._----"--.--------- r.._...____ __~~..._~...~ -.--.~--.-. -~~ '__,._rU~~__ 7'~ ~~, J ~,,--;I \ Attachment 7. BUZZARD & CARR Al10RNEYS AT LAW 816 S. MAIN STREET POST OFFICE BOX 160 I..ll.IlNGTON, NORlH CAROLINA 27546 ROBERT '"I"ONY" BuzZARD TELEPHONE (910) 893-2900 CHRI~I v'lt dER L CARR. FACS~ (910) 893-2816 April 23, 1997 . 10: Honorable Dan Andrews, Chairman and Members of the Harnett County Board of Commissioners 10: Honorable Neil A. Emory, County Manager and Honorable Vanessa W. Young, Harnett County Auditor FROM: Christopher L Carr, County Tax Attorney RE: MONTHLY REPORT TO COMMISSIONERS AND STATEMENT OF r~ AND CHARGES fOR TIlE MONTHS OF MARCH 1997. 1. Tax Suits Dismissed: RAt1U SUIT NO. * AMOUNT COL **C;OURT ATTORNEY COST FEES AVERASBORO Groves, Kenneth & Tammy $1,787.57 $100.00 $100.00 White, Robert E. 1,793.59 100.00 100.00 . BLACK RIVER Cunningham, Bessie M. 1,227.44 100.00 100.00 Royster, Freddie & Zeola 940.98 100.00 100.00 GROVE J efferson, Bryant 1,641.96 50.00 50.00 Subtotal $7.391.54 $450.00 $450.00 NOTE: * Total collected includes taxes, interest and Court Costs. **Court costs includes attorney fees allowed by Court (where suit has been commenced). 2 Other Services: None 3. Advanced Costs: None 4. New suits started during the months of March: None SUMMARY OF CHARGI~ & FEFS : Attorney's Fees - Tax Suits $450.00 Other Services 0.00 . Advanced Costs 0.00 BAlANCE 450.00 c/w,~ ~ Christopher L Carr BUZZARD & CARR Post Office Box 160 lillington, NC 27546 Telephone: (910) 893-2900