Agenda - 08-06-1990 - Laserfiche WebLink

Browse Search

Commissioner Hartwell moved that the Board ratify the publication of the Notice and designate this meeting as a public The motion hearing on the revenue bond issue and the Project. was seconded by Commissioner Marshall and was unanimously adopted. At 7.55 P.M., the Chairman announced that the Board would be heard on the advisability of issuing hear anyone who wished to the revenue bonds and the Prod of the Company, gave a brief Joe Heldreth , Treasurer eCt. The presiding officer then description of the Proposed proj recognized such persons if any, who appeared either in person or be heard on the question of the advisability of by attorney, to the proposed project or the issuance of said bonds. The Clerk of the Board of Commissioners r po ed bond issue �had n comment beenreceived. the proposed project or th e relat The names and addresses of the persons who were present and summaries of their comments are as follows: no one else spoke and there were no other comments After the Board had heard all persons who requested to be Commissioner Marshall moved that the public hearing be heard, — seconded by Hartwell and closed. The motion was was unanimously adopted. Commissioner Care introduced the following resolution which was read at length: Resolution No. RESOLUTION APPROVING THE ISSUANCE BY THE ORANGE COUNTY INDUSTRIAL FACILITIES AND POLLUTION CONTROL FINANCING AUTHORITY OF ITS $5,500,000 INDUSTRIAL REVENUE BONDS (MEBANE PACKAGING CORPORATION PROJECT) TO FINANCE AN. INDUSTRIAL AND MANUFEBIPACKAGINGTCORPORATION CANDTY, NORTH CAROLINA FOR M ANE APPROVING SUCH PROJECT IN PRINCIPLE. I WHEREAS, the Board of County Commissioners has created a political subdivision and body corporate and politic of the State of North Carolina known as "The Orange County industrial Facili- ties and Pollution Control Financing Authority" (the "Authority "); and 2