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B. Designatioiz of official County Depositories <br />? ~~ <br />"Whereas the Orange County Board of Commissioners is desirous <br />of designating Official Depositories of County Funds, to meet the <br />requirements of N, C. General Statutes 159-31, the following CffiGiFl <br />Depositories are designated, to include the location indicated <br />as well as branch facilities." <br />1) Central Carolina Bank <br />Hillsborough, N. C. <br />2) 'F'i'rs't Citizens Bank & Trust Co. <br />Chapel Hill, N. G. <br />~) F'irst Union Bank <br />Chapel Hill, N. C. <br />4) North Carolina National Bank <br />- Chapel Hill, N. C. <br />5) Ngrthwestern Sank <br />Chapel Hill, N.C, <br />6) 117achovia Bark 8; Trust Co. <br />Chapel ?;ill, N. C. <br />Adopted this the 2nd day of February, 1976, <br />C. Required signatures on County checks. <br />"Whereas the Orange County $oard of Commissioners is desirous <br />of waiving the requirements for dual signatures as permitted by <br />N. C. General Statutes 159-25 (b) and <br />Whereas N. C. General Statute 159-c9 (a) requires that the <br />Board fix the amount of the bond of the Finance Officer, <br />Be it resolved that the Finance Officer is designated the <br />sole signer of checks or drafts drawn upon the county accounts and <br />- Be it resolved that the bond of the County Manager be released <br />and a bond for the County Finance Officer be secured in the amount of <br />:50,000,00 to be effective July 1, 1975." <br />:Adopted this the c of Februarv, 1976 <br />Upor_ motion of Commissioner Pinney, seconded by Commissioner <br />Whitted, the Resclution was unanimously adopted, <br />Chairman Garrett referred to Ttem #19 on the Agenda: A <br />Memorandum dealing. with the acquisition of a recording device <br />through the Triangle Com.~.issior: on Criminal Justice was included <br />in the material you received along with our Agenda. Will the <br />Commissioners approve the transfer of #b~, from the Sheriffs <br />Department Personnel Budget to equipment in order that this <br />recording device czn be acquired. <br />The Board referred to a Memorandum to Sheriff Knight from <br />David a~?, Rustin, of the Commission on Criminal Justice, regarding <br />the Communications Recorder Project and the need for formal applica- <br />tion for Rogional approval. <br />The Ccunty 1~Ianager presented a Resolution for the LFA~: Grant <br />and advised the Eoard that it would have to approve a local match <br />contribution of" ~~1~3, from the Contingency Fund. <br />L'por. motion of CorLmissioner Pinr_ey, seconded by Commissioner <br />ivhitted, it was moved ar_d adopted that the following Resolution be <br />unanimously approved. <br />