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HomeMy WebLinkAbout02221929Y e. • 6 BE IT RESOLVED, that the matter of the ballances of the Bunn Sdhool District coming up to be heard and it appearing to the Board that this matter having been fought out before the former board of County Commissioners and described by them that the Dunn Dist # 21 regain the monies held by them prior to duly 1st 1927 it is the sense of this board that it would be unwise for this Board to interfere with a prior agreement of the former Board and the Dunn Dist, #.21. It is ordered that the board adjourn until the First monday in March unless calf again by the Chairman. sue/ ���. , Clerk tb Board. APPROVED: »-- Chairman of Board. -:GALL SESSION ''`_ Call meeting of the Board of County Commissioners February 22, 1929. Board called to order by the Chairman. RESOLUTION: It is ordered that the County Accountant and Co. Attorney arrange for t e renewal of X50,000.00 note due_: in New York, March 8th, also the Notes due at he Bank of Lillington, Bank of Broadway and Commercial Bank of Dunn, on March 11 h; 1929, in the event that the procedes of the bond sale has not been received, It is also ordered that the foriner resolutions be recorded authorizing the issue of Notes to the amount of$35,000.00 in anticipation of the collect on of taxes and that the Co. Accountant and County Attorney with the advice of Chairman of Board be authorized to Negotiate the sale on best possible basis if so much of these notes as may be absolutely necessary to pay expenses of the County. It is ordered that the board accept the resolution. RESOLUTION:_ q WHEREAS, sufficient taxes have not been collected to pay appropriations ,I made for the current fiscal year 1928, Harnett County, and a temporary loan is X49 necessary to meet such appropriations. po° NOW THEREFORE BE IT RESOLVED by the Board of County Commissioners of 1, arnett County, North Carolina, that said County borrow, and. be authorized ry�0' _to borrow, on the faith and credit of said County,' as provided in Section 4, o pao "The County Finance Act. ", the sum of Thirty five Thousand and No[100 Dollars, 35,000.00) for the purpose of raising funds to meet the appropriations made jfl ordinary expenses of said County, and the Chairman of this Board be and is her by authorized to execute a note or notes' in the aforesaid sum, dated March 4;. n� payable to bearer, signed by the said Chairman and attested by the Clerk to th DDB Board, payable on the 4th day of June, 1929, and bearing interest at the rate six per cent per annum, and that such note or nttes be negotiated and delivere by the said Chairman for the pgrposes aforesaid. • 0' 0 RESOLUTfo' a, the Hloar airman of Board of" `County Comet. WHEREAS, it has become necessary for-RARNFAIT COUNTY to borrow money to pay the principal or interest on bonds or notes to become due within fomr moat] a d not otherwise adequately provided for. NOW THEREFORE,-BE IT RESOLVED by the Board, of County Gq �eissionern of ffJ1R-i TT4GOtWl -, North Carolina, that said Board be authorized to eTorrow on the faith end credit of said County, the sum of Ninety thousand dollars ( *90,000.0 for the purpose of raising funds with which to pay the principal or 1a.terest o onds or notes, either or both, to become due within four months, as provided under. Section, 5 of fThe County Finance Act ", and the Chairman of this Board be authorized to execute a note or notes for the aforementioned sum, dated March - 6, 1929, Payable to bearer, signed by the Chairman of the Board, and attested y the Clerk to said Board, payable on the 6th day of April, 1929 and bearing interest at the rate of 6 per cent, per annum, and that such note or notes be negotiated and delivered by the.said Chairman for the purposes aforesaid." The•Board adjourned until the Ist • 9 .. :4 f Chairman. ?nday in March 1929 t`", a irman 929 f 5, ,