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The County manager and the County Attorney then described the <br /> project as currently proposed, which project includes certain <br /> improvements expected to cost approximately $loo, 000 to the <br /> property to be purchased as well as the purchase of such property, <br /> and explained that, because of certain existing leases of the <br /> Property to be purchased, it may be necessary for the County to <br /> enter into two installment payment agreements with respect to the <br /> property to be purchased, one such agreement to reflect an interest <br /> component which would be exempt from certain federal income <br /> taxation and the other agreement to reflect an interest component <br /> which would not be so exempt. Thereupon, the County Manager and <br /> the County Attorney presented and described a proposal with respect <br /> to such installment payment agreement or agreements from <br /> NationsBank, N,A, r dated June al, 1996, which the County had <br /> selected pursuant to 'a request for proposals and which described <br /> certain provisions of such proposed installment payment agreement <br /> or agreements. <br /> The Chairman of the Board of Commissioners then announced that <br /> the Board of Commissioners would immediately hear anyone who might <br /> wish to be heard on such matter. <br /> No one appeared, either in person or by attorney, to be heard <br /> on such matter and the Clerk to the Board of Commissioners <br /> announced that no written statement relating to such matter had <br /> . been received, <br /> 338160.1 2 <br />