HomeMy WebLinkAbout1987-01-26 SPm Exhibits
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STATE OF NORTH CAROLINA
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COUNTY OF NEW HANOVER
I, LUCIE F. HARRELL, Clerk of the Board of Commis-
sioners of the County hereinafter described, DO HEREBY CERTIFY as
follows:
1 A special
.
meeting of the Board of Commis-
sioners of the County of New Hanover, located in the State of
North Carolina, was duly held on January 26, 1987, proper notice
of such meeting having been given as required by North Carolina
statutes, and minutes of said meeting have been duly recorded in
the Minute Book kept by me in accordance with law for the purpose
of recording the minutes of said Board.
2. I have compared the attached extract with said
minutes so recorded and said extract is a true copy of said
minutes and of the whole thereof insofar as said minutes relate
to matters referred to in said extract.
3. Said minutes correctly state the time when said
meeting was convened and the place where such meeting was held
and the members of said Board who attended said meeting.
IN WITNESS WHEREOF, I have hereunto set my hand and
have hereunto affixed the corporate seal of said County, this~~~
1987.
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EXTRACTS FROM MINUTES
BOARD OF COMMISSIONERS
The Board of Commissioners of New Hanover County met
in special session on Monday, January 26, 1987 at 9:00 o'clock
a.m. in the Assembly Room, New Hanover County Administration
Building, 320 Chestnut Street, Wilmington, North Carolina, with
the following members present:
Chairman Nolan O'Neal
Vice Chairman John Dolan
Commissioner W. Albert Corbett, Jr.
Commissioner Jonathan Barfield, Sr.
Commissioner Fred Retchin
*
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*
*
The Clerk of the Board of Commissioners reported
to the Board of Commissioners that the bond order entitled,
"BOND ORDER AUTHORIZING THE ISSUANCE OF $4,200,000 MUSEUM
BONDS OF THE COUNTY OF NEW HANOVER", which had been
introduced on January 19, 1987, had been published in a
qualified newspaper on January 20th, 1987, with notice that
the Board would hold a public hearing thereon on January 26,
1987. The Clerk also reported that the County's Finance
Officer had filed in her office a statement of debt complying
with the provisions of The Local Government Bond Act and such
statement as filed showed the net indebtedness of the County
to be 1.04
% of the appraised valuation of property in said
County subject to taxation.
Commissioner Corbett
moved that the Board of
commissioners proceed to hold a public hearing on the museum
bond order. The motion was seconded byConmissioner Barfield and
was unanimously adopted.
At ll:03 o'clock, ~.M., the Chairman of the
Board of Commissioners announced that the Board of Commis-
sioners would hear anyone who wished to be heard on the ques-
tions of the validity of the museum order and the advis-
ability of issuing the bonds. At the direction of the Chair-
man of the Board of Commissioners, the Clerk of the Board of
Commissioners read said museum bond order and the published
notice of hearing.
After the Board of Commissioners had heard all
persons who requested to be heard, Conmissioner Retchin moved
that the public hearing be closed. The motion was seconded
by Vice-Chairman Dolan and was unanimously adopted.
Conmissioner Corbett moved that the Board of
Commissioners adopt without change or amendment and direct
the Clerk of the Board of Commissioners to publish as
prescribed by The Local Government Bond Act the bond order
entitled,
2
"BOND ORDER AUTHORIZING THE ISSUANCE OF $4,200,000 MUSEUM
BONDS OF THE COUNTY OF NEW HANOVER", introduced at the
meeting of the Board of commissioners held on January 19,
1987. The motion was seconded by Conmissioner Retchin and
was adopted by the following vote:
AYES: conmissioner Jonathan Barfield, Sr.
Conmissioner W. Albert Corbett, Jr.
Conmissioner Fred Retchin
Vice-Chainran John Dolan
Chainran Nolan O'Neal
NAYS:
moved the adop-
tion of the following resolution which was read at length to
Conmissioner Barfield
the Board:
WHEREAS, the Board of Commissioners of the
County of New Hanover has adopted the bond order hereinafter
described authorizing the issuance of $4,200,000 Museum Bonds
and such bond order and the indebtedness to be incurred by
the issuance of such bonds and the tax to be levied for the
payment of such bonds should be submitted to the voters of
the County of New Hanover for their approval or disapproval
3
in order to comply with the Constitution and laws of North
Carolina; NOW, THEREFORE,
BE IT RESOLVED by the Board of Commissioners of
the County of New Hanover, as follows:
(1) The questions whether the qualified voters
,
of the County of New Hanover shall approve or disapprove (a)
the indebtedness to be incurred by the issuance of the bonds
of the Town authorized by said bond order, which indebtedness
shall be secured by a pledge of the County's faith and
credit, (b) the levy of a tax for the payment thereof, and
(c) said bond order shall be submitted to the qualified
voters of said County at an election to be held in said
County on March 31, 1987.
(2) The Clerk of the Board of Commissioners is
hereby authorized and directed to publish a notice of said
election which shall be in substantially the following form:
4
THE COUNTY OF NEW HANOVER. NORTH CAROLINA
NOTICE OF SPECIAL BOND ELECTION
NOTICE IS HEREBY GIVEN that a special bond
election will be held in the County of New Hanover, North
Carolina, on March 31, 1987, for the purpose of submitting to
the qualified voters of said County the questions whether
they shall approve or disapprove (1) the indebtedness to be
incurred by the issuance of bonds of said County of the
maximum principal amount of $4,200,000, which indebtedness
shall be secured by a pledge of the County's faith and
credit, and, (2) the levy of a tax for the payment of such
bonds, and (3) the bond order entitled, "BOND ORDER
AUTHORIZING THE ISSUANCE OF $4,200,000 MUSEUM BONDS OF THE
COUNTY OF NEW HANOVER", adopted by the Board of Commissioners
to authorize the issuance of said bonds and the levy of such
tax.
The $4,200,000 Museum Bonds are authorized to
pay capital costs of improving the County Museum, including
the renovation of existing museum facilities and construction
of a new building, and including the acquisition of land and
including the acquisition and installation of furnishings and
equipment therefor.
The ballots to be used at said election shall
contain the words, "SHALL the order authorizing $4,200,000 of
5
bonds secured by a pledge of the faith and credit of the
County of New Hanover to pay capital costs of improving the
County Museum, including the renovation of existing museum
facilities and construction of a new building, and including
the acquisition of land and including the acquisition and
installation of furnishings and equipment therefor, and a tax
to be levied for the payment thereof, be approved?", with
squares labelled "YES" and "NO" beneath or beside such words
in which squares the voter may record his choice.
In the event a majority of the qualified voters
voting at said election vote to approve the order, the
incurring of indebtedness and the levy of a tax related
thereto, said bonds shall be issued and taxes shall be levied
for the payment of such bonds.
The polls for the election will open at the hour
of 6:30 o'clock, A.M. and will close at the hour of 7:30
o'clock, P.M. The precincts and polling places for the
election will be as follows:
Precinct
Pollinq Place
Wilmington #1
Dorothy B. Johnson School
1100 McRae st., Wilmington
Wilmington #2
Community Art Center
120 South Second Street,
Wilmington
Wilmington #4
William Hooper School
410 Meares Street,
Wilmington
Lucile Shuffler Building
2011 Carolina Beach Road,
Wilmington
Wilmington #3
6
Wilmington #5
Wilmington #6
Wilmington #7
Wilmington #8
Wilmington #9
Wilmington #10
Wilmington #11
Wilmington #12
Wilmington #13
Wilmington #14
Wilmington #15
Cape Fear Presbyterian
Church
2606 Newkirk Avenue,
Wilmington
New Hanover High School
(Brogden Hall)
1307 Market Street,
Wilmington
Williston Jr. High School
401 South Tenth Street,
Wilmington
Lake Forest, Inc.
250 pinecrest Parkway,
Wilmington
Annie B. Snipes School
2150 Chestnut Street,
Wilmington
Church of God (Activity
Building)
2012 Castle street,
Wilmington
#2 Fire station (Empie Park)
3403 Park Avenue, Wilmington
Forest Hills School
410 Colonial Drive,
Wilmington
winter Park Presbyterian
Church
4501 Wrightsville Avenue,
Wilmington
Roland-Grise Jr. High School
4412 Lake Avenue, Wilmington
Wm. H. Blount School
3702 Princess Place Drive,
Wilmington
7
Wilmington #16
Wilmington #17
Wilmington #18
Cape Fear #1
Cape Fear #2
Cape Fear #3
Harnett #2
Harnett #3
Harnett #4
Harnett #5
Harnett #6
Harnett #7
wrightsville Beach
Masonboro #2
pine Valley School
440 John S. Mosby Drive,
Wilmington
American Legion Building
Masonboro Loop Road,
Wilmington
Fire Station (Municipal Golf
Course)
South Wallace Avenue,
Wilmington
Wrightsboro School
640 Castle Hayne Road
Castle Hayne Fire Station
Jct. #132 & #117
Castle Hayne, N.C.
E. A. Laney High School
Hwy. #132, Route 6
,
Ogden Rescue Squad
251 Military Cut-off
Bradley Creek School
6211 Greenville Loop Road
College Park School
5001 Oriole Drive
Noble Jr. High School
6620 Market Street
Spring view Baptist Church
801 North College Road
Ogden Volunteer Fire
Department
7375 Market Street (Ogden)
wrightsville Beach School
220 Coral Drive (Harbor
Island), Wrightsville Beach
Masonboro Baptist Church
1501 Beasley Road, Masonboro
8
Masonboro #3
New Hanover Rescue Squad
2550 Carolina Beach Road,
Masonboro
Masonboro #4
United Advent Christian
Church
5540 South College Road,
Masonboro
Masonboro #5
Myrtle Grove Baptist Church
Masonboro Loop Road & piner
Road, Masonboro
Federal Point #1
Hanks Chapel
Carolina Beach Road
Federal Point #2
Town Hall
Carolina Beach, N.C.
Federal Point #3
Town Hall
Kure Beach, N.C.
The registration records for said election will
be kept open at the office of the New Hanover County Board of
Elections, at 320 Chestnut Street, in Wilmington, from 8:00
o'clock A.M., until 5:00 o'clock, P.M., each weekday, through
March 2, 1987. Additionally, the Registrars and Judges of
Election may register voters through March 2, 1987. The
Registrars and Judges may be reached through the Board of
Elections at the address set forth above. The last day of
registration for the special election shall be March 2, 1987.
Any qualified voter who (1) expects to be absent
from the County during the entire period that the polls are
open on said election day, or (2) because of sickness or
other physical disability will be unable to be present at the
polls to vote in person on said day, or (3) is incarcerated
9
and otherwise entitled to vote in said election or (4) is an
employee of the New Hanover County Board of Elections and his
assigned duties on the day of election will cause him to be
unable to vote in person, may apply for an absentee ballot to
be used in voting at said election. Information concerning
the time and manner for applying for an absentee ballot,
including the last day for making such application, can be
obtained from the New Hanover County Board of Elections at
the Board's office in Wilmington, North Carolina.
By order of the Board of Commissioners of the
County of New Hanover.
Lucie M. Harrell
Clerk, Board of Commissioners
County of New Hanover, North Carolina
said notice of special election shall be
published at least twice. The first publication shall be not
less than 14 days and the second pUblication not less than 7
days before the last day on which voters may register for the
special election.
(3) The New Hanover County Board of Elections
is hereby requested to print and distribute the necessary
ballots and to provide the equipment for the holding of said
election and to conduct and to supervise said election.
(4) The Clerk of the Board of Commissioners
shall mail or deliver acertified copy of this resolution to
the New Hanover County Board of Elections within three days
after the resolution is adopted.
10
Conmissioner Retchin
seconded the motion
j'
and the motion was adopted by the following vote:
AYES: Conmissioner Jonathan Barfield, Sr.
Conmissioner W. Albert Corbett, Jr.
Conmissioner Fred Retchin
Vice-Chairman John Dolan
Chainran Nolan O'Neal
NAYS:
*
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*
11
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STATE OF NORTH CAROLINA
ss. :
COUNTY OF NEW HANOVER
I, LUCIE F. HARRELL, Clerk of the Board of
Commissioners of the County hereinafter described, DO
HEREBY CERTIFY as follows:
1.
A
regular
meeting of the Board of Com-
missioners of New Hanover, located in the State of North
Carolina, was duly held on January 19, 1987, proper notice
of such meeting having been given as required by North
Carolina statutes, and minutes of said meeting have been
duly recorded in the Minute Book kept by me in accordance
with law for the purpose of recording the minutes of said
Board.
2. I have compared the attached extract with
said minutes so recorded and said extract is a true copy of
said minutes and of the whole thereof insofar as said
minutes relate to matters referred to in said extract.
3. Said minutes correctly state the time when
said meeting was convened and the place where such meeting
was held and the members of said Board who attended said
meeting.
IN WITNESS WHEREOF, I have hereunto set my hand
and have hereunto affixed the corporate seal of said
day of January, 1987.
~<<7'~~/
Cle~, Board of commissioners
"
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EXTRACTS FROM MINUTES OF BOARD OF COMMISSIONERS
The Board of Commissioners of New :Ranover County met
in regular session on' Honday, January 19~>1987 at 9:00 o'clock
a.m. in the Assembly Room, New HanoverCofinty Administration
Building, 320 Chestnut Street, Wilmington, North Carolina, with
the following members present:
Chairman Nolan O'Neal
Vice Chairman John Dolan
Commissioner W. Albert Corbett, Jr.
Commissioner Jonathan Barfield, Sr.
Commissioner Fred Retchin
*
*
*
Commissioner Fred Retchin
introduced the following
bond order which was read at length:
~-
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l.
"BOND ORDER AUTHORIZING THE ISSUANCE OF $4,200,000
MUSEUM BONDS OF THE COUNTY OF NEW HANOVER"
WHEREAS, the Board of Commissioners of the County of
New Hanover deems it advisable to make the improvements
hereinafter described; and
WHEREAS, the Board has caused to be filed with the
Secretary of the Local Government Commission of North
Carolina an application for commission approval of the bonds
hereinafter described as required by The Local Finance Act,
and the Secretary of the Local Government commission has
notified the Board that the application has been filed and
accepted for submission to the Local Government Commission;
NOW, THEREFORE,
BE IT ORDERED by the Commissioners of the County of
New Hanover, as follows:
Section 1. The Board of commissioners of the County
of New Hanover has ascertained and hereby determines that it
is necessary to improve the County museum, including the
renovation of existing museum facilities and construction of
a new building, and including the acquisition of land and
including the acquisition and installation of furnishings and
equipment therefor and to pay capital costs of such
improvements.
- 2 -
section 2. In order to raise the money required to
pay capital costs of providing the improvements as set forth
above, in addition to any funds which may be made available
for such purpose from any other sources, bonds of the County
of New Hanover are hereby authorized and shall be issued
pursuant to The Local Government Finance Act of North
Carolina. The maximum aggregate principal amount of said
bonds authorized by this bond order shall be $4,200,000.
section 3. A tax sufficient to pay the principal of
and interest on said bonds when due shall be annually levied
and collected.
section 4. A sworn statement of the County's debt
has been filed with the Clerk of the Board of commissioners
and is open to public inspection.
Section 5. This bond order shall take effect when
approved by the voters of the County at a referendum.
Commissioner Fred Retchirmoved the adoption of the
following resolution:
WHEREAS, the bond order entitled, "BOND ORDER
AUTHORIZING THE ISSUANCE OF $4,200,000 MUSEUM BONDS OF THE
COUNTY OF NEW HANOVER", has been introduced at the meeting of
the Board of Commissioners held on January 19, 1987 and the
- 3 -
Board desires to provide for the holding of a public hearing
thereon and the submission of a statement of debt in
connection therewith as required by The Local Government Bond
Act; NOW, THEREFORE,
BE IT RESOLVED by the Board of Commissioners of the
County of New Hanover, as follows:
(1) The public hearing upon said bond order shall be
held on the 26th day of January, 1987 at9:00 o'clock,A .M.,
Assembly Room-County Administration Building -
at i? n ('npsrnllr Srrpet , in Wilmington
North Carolina.
(2) The Clerk of the Board of Commissioners is
hereby directed to cause a copy of the bond order to be
published with a notice of such hearing in the form
prescribed by law in a qualified newspaper no fewer than six
days prior to such public hearing.
(3) The County's Finance Officer is hereby directed
to file with the Clerk of the Board of Commissioners, prior
to publication of the bond order with the notice of such
public hearing, a statement setting forth the debt incurred
or to be incurred, the appraised value of property subject to
- 4 -
taxation by the County and the net debt of the County.
The motion was seconded by Commissioner Jonathan Barfield, Sr.
and was adopted by the following vote:
AYES:Commissioner W. Albert Corbett, Jr.
Commissioner Fred Retchin
Commissioner Jonathan Barfield, Sr.
NAYS:Vice-Chairman John Dolan
Chairman Nolan O'Neal
* * *
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STATE OF NORTH CAROLINA
ss. :
COUNTY OF NEW HANOVER
I, LUCIE F. HARRELL, Clerk of the Board of Com-
missioners of the County of New Hanover, in the State of
North Carolina, DO HEREBY CERTIFY that I have compared the
attached copy of the debt statement with the original debt
statement filed by the Finance Officer of said County in the
office of said Clerk of the Board of Commissioners on the 19th
day of January, 1987, and that said copy is a true copy of
said statement and of the whole thereof.
I FURTHER CERTIFY that said debt statement was
filed by said Finance Officer on said last-mentioned date and
has since it was so filed remained on file in the office of
said Clerk of the Board of Commissioners and has been kept
open to public inspection.
IN WITNESS WHEREOF, I have hereunto set my hand and
affixed the corporate seal of said County this~f~ day of
January, 1987.
~'(//~ .
'~ . .-
Cler~~Board of CommlSSloners
~, ~
STATEMENT OF DEBT OF THE COUNTY OF NEW HANOVER, NORTH CAROLINA,
MADE AND FILED PURSUANT TO SECTION 159-55 OF THE LOCAL GOVERNMENT
FINANCE ACT, AFTER THE INTRODUCTION OF THE BOND ORDER AUTHORIZING
THE ISSUANCE OF $4,200,000 BONDS, INTRODUCED AT A MEETING OF THE
GOVERNING BOARD OF SAID COUNTY, HELD ON THE 19TH DAY OF JANUARY,
1987.
(a) Appraised value of property
subject to taxation as certified
by the County Tax supervisor.
$ 4,396,848,087
(b)
Gross debt as listed in the
attached "Schedule of Gross Debt".
$
-0-
( c)
Deductions to be made from Gross
Debt as listed in the attached
"Schedule of Deductions".
$
-0-
( d)
Net debt (being the difference
between the Gross Debt and
Deductions) .
$
45,708,659
(e) Percentage that net debt bears
to the appraised value of
property subject to taxation.
l.04
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Finance Offi~~r of
The County of New Hanover, North
Carolina
Dated:r If, n,fl
SCHEDULE OF GROSS DEBT
(The debt described below should not include debt incurred
or to be incurred in anticipation of the collection of taxes
or other revenues or in anticipation of the sale of bonds
other than funding and refunding bonds. The debt described
below should not include revenue bonds.)
A. Bonds authorized by orders introduced but not yet adopted:
Purpose
Amount
Museum Bonds
$4,200,000
Total $4,200,000
B. Unissued bonds authorized by adopted orders:
Purpose
Amount
Total $ -0-
C. outstanding debt not evidenced by bonds:
Source of Debt
Purpose
Amount
See Attached
$3,423,659
Total $ 3,423,659
D. Outstanding debt evidenced by bonds:
Date of Bonds
Purpose
Amount
$38,085,000
Total $ 38,085,000
Total $ 45,708,659
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SCHEDULES OF DEDUCTIONS
A)
Funding and refunding bonds authorized by
orders introduced but not yet adopted. $
B)
Funding and refunding bonds authorized
but not issued. $
C)
Amount held in sinking funds or otherwise
for the payment of gross debt other than
debt incurred for water, gas, electric
light or power purposes or sanitary
sewer purposes (to the extent deductible
under Section 159-55(b) of The Local
Government Finance Act). $
D)
Bonded debt included in gross debt and
incurred or to be incurred for water, gas
or electric light or power purposes. $
E)
Bonded debt included in gross debt and
incurred or to be incurred for sanitary
sewer system purposes (to the extent
deductible by subsection (b) of section
159-55 of The Local Government Finance
Act). $
F)
Uncollected special assessments levied or
to be levied for local improvements for
which gross debt was or is to be incurred,
to the extent to be applied to the payment
of such gross debt. $
G)
Estimate of special assessments to be levied
for local improvements for which any part
of gross debt (that is not otherwise
deducted) was or is to be incurred, to the
extent that the special assessments, when
collected, will be applied to the payment
of any part of gross debt. $
TOTAL
-0-
-0-
-0-
-0-
-0-
-0-
-0-
$
-0-
1
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STATE OF NORTH CAROLINA
ss. :
COUNTY OF NEW HANOVER
Sworn to and subscribed before
me on the day of the date of
said statement.
r~o ~u~
Notary Public
rln.~~ ~ , being duly sworn, says that he
is the Finance Off~ er of the County of New Hanover, in the State
of North Carolina; that by a resolution passed by the Governing
Board thereof he was authorized to make the foregoing statement;
and that the foregoing statement is true and was made and
subscribed by him after the introduction of the order or orders
referred to in the heading of said statement.
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My Commission expires the -- day of '8D8' \\
19 f1.
STATE OF NORTH CAROLINA
ss. :
COUNTY OF NEW HANOVER
I, the undersigned Secretary of the Clerk of the Board
of Commissioners of the County of New Hanover, in the State of
North Carolina, DO HEREBY CERTIFY that the foregoing statement
and accompanying affidavit were filed in my office on the 19th
day of January, 1987, after the introduction of the order or
orders referred to in the heading of said statement.
IN WITNESS WHEREOF, I have hereunto set my hand and
the seal of said County, this /9~ day of January,
.
c~o~(kners