1993-11-19 Continued Meeting
NEW HANOVER COUNTY BOARD OF COMMISSIONERS
CONTINUED MEETING, NOVEMBER 19, 1993
BOOK 23
PAGE 828
ASSEMBLY
The New Hanover County Board of Commissioners met in a
continued meeting of November 15, 1993, on Friday, November 19,
1993, at 10:00 A.M. in Room 501 of the New Hanover County
Administration Building, 320 Chestnut Street, Wilmington, North
Carolina.
Members present were: Commissioners Sandra Barone; WilliamA.
Caster; Vice-Chairman E. L. Mathews, Jr.; Chairman Robert G. Greer;
County Manager, Allen O'Neal; County Attorney, Wanda M. Copley; and
Clerk to the Board, Lucie F. Harrell.
Commissioner William E. Sisson, Jr. was on vacation and could
not attend.
ADOPTION OF RESOLUTION AUTHORIZING THE FILING OF AN APPLICATION FOR
THE APPROVAL OF REFUNDING BONDS WITH THE LOCAL GOVERNMENT
COMMISSION
Finance Director, Andrew J. Atkinson, reported since interest
rates in the tax-exempt bond market are at such a low rate, it is
financially feasible to achieve debt service savings on several
outstanding bond issues as follows:
1989
1989
1990
1985
1989
1990
1992
Airport Bonds
Museum Bonds
Parks & Recreation Facilities Bonds
Refunding Bonds
Solid Waste Disposal
Solid Waste Disposal
Solid Waste Disposal
Bonds
Bonds,
Bonds
Series B
Refunding of the Solid Waste Disposal Bonds will allow the
County to shift the first principal payment to September 1994 with
a savings of approximately $1,607,102 this year. This savings will
allow the County to recover a portion of loss revenue in the tip
fee at the Waste-to-Energy Facility.
The Commissioners were requested to adopt a resolution
authorizing the filing of an application to the Local Government
Commission for approval of the refunding bonds.
Motion: Commissioner Barone MOVED, SECONDED by Commissioner Caster
to adopt the resolution authorizing filing an application with the
Local Government Commission for approval of the refunding bonds as
presented by the Finance Director. Upon vote, the MOTION CARRIED
AS FOLLOWS:
Voting Aye: Commissioner Barone
Commissioner Caster
Vice-Chairman Mathews
Chairman Greer
Absent: Commissioner Sisson
A copy of the resolution is hereby incorporated as a part of
the minutes and is contained in Exhibit Book XXI, Page 26.
Commissioner Caster introduced the bond order for the various
governmental purpose refunding bonds, which was read at length.
Motion: Commissioner Barone MOVED to adopt the resolution
introduced calling for a Public Hearing to be held on December 6,
1993, at 6:30 P.M. in the Assembly Room of the New Hanover County
Administration Building, 320 Chestnut Street, Wilmington, North
Carolina, to consider a Bond Order authorizing the issuance of
$17,000,000 General Obligation Refunding Bonds. Vice-Chairman
Mathews SECONDED THE MOTION. Upon vote, the MOTION CARRIED AS
FOLLOWS:
Voting Aye: Commissioner Barone
NEW HANOVER COUNTY BOARD OF COMMISSIONERS
CONTINUED MEETING, NOVEMBER 19, 1993
BOOK 23
PAGE 829
Commissioner Caster
vice-Chairman Mathews
Chairman Greer
Absent:
Commissioner Sisson
A copy of the resolution is hereby incorporated as a part of
the minutes and is contained in Exhibit Book XXI, Page 26.
Commissioner Caster introduced the bond order for the solid
waste disposal refunding bonds. The bond order was read at length.
Motion: Vice-Chairman Mathews MOVED to adopt the resolution
introduced at the meeting calling for a Public Hearing to be held
on December 6, 1993, at 6:30 P.M. in the Assembly Room of the New
Hanover County Administration Building, to consider a Bond Order
authorizing the issuance of $30,000,000 General Obligation
Refunding Bonds. The MOTION WAS SECONDED by Chairman Greer. Upon
vote, the MOTION CARRIED AS FOLLOWS:
Voting Aye: Commissioner Barone
Commissioner Caster
Vice-Chairman Mathews
Chairman Greer
Absent: Commissioner Sisson
A copy of the resolution is hereby incorporated as a part of
the minutes and is contained in Exhibit Book XXI, Page 26.
Chairman Greer, on behalf of the Board, complimented the
Finance Director for an excellent job in saving money for the
County through the bond refunding process.
MEETING CONVENED FROM REGULAR SESSION TO HOLD A CONTINUED MEETING
OF THE NEW HANOVER COUNTY WATER & SEWER DISTRICT
Motion: Commissioner Barone MOVED, SECONDED by Commissioner Caster
to convene from Regular Session to hold a continued meeting of the
New Hanover County Water & Sewer District. Upon vote, the MOTION
CARRIED AS FOLLOWS:
Voting Aye: Commissioner Barone
Commissioner Caster
Vice-Chairman Mathews
Chairman Greer
Absent: Commissioner Sisson
Chairman Greer convened from Regular Session at 10:37 A.M.
Motion:
reconvene
FOLLOWS:
Commissioner Barone MOVED, SECONDED by Chairman Greer to
to Regular Session. Upon vote, the MOTION CARRIED AS
Voting Aye: Commissioner Barone
Commissioner Caster
Vice-Chairman Mathews
Chairman Greer
Absent: Commissioner Sisson
Chairman Greer convened to Regular Session at 10:45 A.M.
CHANGE IN REGULAR MEETING SCHEDULE
County Manager 0' Neal reported Chairman Greer, County Attorney
Copley, Finance Director Atkinson and he will be in New York on
December 20, 1993, making presentations to Bond Counsel; therefore,
the meeting scheduled for December 20, 1993, should be changed to
December 21, 1993, if agreeable with the members of the Board.
NEW HANOVER COUNTY BOARD OF COMMISSIONERS
CONTINUED MEETING, NOVEMBER 19, 1993
BOOK 23
PAGE 830
Consensus: It was the consensus of the Board to change the regular
meeting scheduled for December 20, 1993, to Tuesday, December 21,
1993, at 9:00 A.M. in the First Floor Assembly Room of the New
Hanover County Administration Building, 320 Chestnut Street,
Wilmington, North Carolina.
DESIGNATION OF THE FOOD BANK OF COASTAL CAROLINA AS THE CONTRACTING
AGENCY FOR THE FOOD COMMODITY DISTRIBUTION FOR THE FIRST QUARTER OF
THE FEDERAL FISCAL YEAR
Budget Director, Cam McAbee, reported Mr. Dennis Garman, the
Executive Director of the Food Bank, will be leaving at the end of
December; therefore, with the present financial problems being
experienced by this agency, the food commodity distribution should
be contracted on a quarterly basis. The funds have been budgeted
for FY 1993-94.
Motion: Vice-Chairman Mathews MOVED, SECONDED by Commissioner
Barone to contract with the Food Bank of Coastal Carolina in the
amount of $3,750 for the food commodity distribution for the first
quarter of the federal fiscal year. Upon vote, the MOTION CARRIED
AS FOLLOWS:
Voting Aye: Commissioner Barone
Commissioner Caster
Vice-Chairman Mathews
Chairman Greer
Absent: Commissioner Sisson
EXECUTIVE SESSION
County Attorney Copley requested an Executive Session to
discuss two legal matters.
Motion: Commissioner Barone MOVED, SECONDED by Vice-Chairman
Mathews to convene from Regular Session to Executive Session for
discussion of two legal matters as requested by the County Attorney
and to request the Finance Director, Andrew J. Atkinson, and
Assistant County Attorney, Kemp Burpeau, to attend the Executive
Session. Upon vote, the MOTION CARRIED AS FOLLOWS:
Voting Aye: Commissioner Barone
Commissioner Caster
Vice-Chairman Mathews
Chairman Greer
Absent: Commissioner Sisson
Chairman Greer convened from Regular Session to Executive
Session at 10:55 A.M.
Motion: Commissioner Barone MOVED, SECONDED by Commissioner Caster
to reconvene to Regular Session. Upon vote, the MOTION CARRIED AS
FOLLOWS:
Voting Aye: Commissioner Barone
Commissioner Caster
Vice-Chairman Mathews
Chairman Greer
Absent: Commissioner Sisson
Chairman Greer reconvened to Regular Session at 11:45 A.M.
AUTHORIZATION FOR THE COUNTY MANAGER TO EXECUTE AN INDEMNITY TO THE
TITLE INSURANCE FOR PROPERTY TO BE USED BY CAPE FEAR COMMUNITY
COLLEGE
Motion: Vice-Chairman Mathews MOVED, SECONDED by Commissioner
Barone to authorize the County Manager to execute an indemnity to
the title insurance company for the 700 Front Street Associates
NEW HANOVER COUNTY BOARD OF COMMISSIONERS
CONTINUED MEETING, NOVEMBER 19, 1993
BOOK 23
PAGE 831
parcel for use by Cape Fear Community College.
MOTION CARRIED AS FOLLOWS:
Upon vote, the
Voting Aye: Commissioner Barone
Commissioner Caster
Vice-Chairman Mathews
Chairman Greer
Absent: Commissioner Sisson
ADJOURNMENT
Chairman Greer adjourned the continued meeting at 11:50 A.M.
Respectfully submitted,
Lucie F. Harrell
Clerk to the Board