1992-12-21 Water & SewerMINUTES OF MEETING, DECEMBER 21, 1992
_ASSEMBLY
The New Hanover County District Board of Commissioners of the
New Hanover County Water & Sewer District met in Regular Session on
Monday, December 21, 1992, at 12:45 P.M. in the Asse~bly Room of
the New Hanover county courthouse, 24 North Th1rd Street,
Wilmington, North Carolina.
Members present were: District commissioners William A.
Caster; Robert G. Greer; William E. Sisson, Jr.; Vice-Chairman
Sandra Barone; Chairman E. L. Mathews, Jr.; County Manager, Allen
O'Neal; County Attorney, Wanda M. Copley; and Clerk to the District
Board, Lucie F. Harrell.
Chairman Mathews called the meeting to order.
NON-AGENDA ITEMS
Chairman Mathews inquired as to whether anyone from the
general public would like to present an item not listed on the
Regular Agenda.
No items were presented.
APPROVAL OF MINUTES
~Motion: District commissioner Sisson MOVED, SECONDED by District
~commissioner Greer to approve the minutes of the Regular Meeting of
December 7, 1992, as presented. Upon vote, the MOTION CARRIED
UNANIMOUSLY.
APPROVAL OF NEW ACCOUNTING TECHNICIAN I POSITION FOR THE WATER &
SEWER FINANCE OFFICE
Deputy County Finance Director, Julianne M. Griffin, commented
on .the additional workload created by new customers with the
acquisition of Cape Fear utilities and connections to the Whiskey
Creek and Barnard's Creek sewer system. The District Board was
requested to approve a new Accounting Technician I position in
order to handle the daily office work involved with this influx of
new customers. The temporary part-time position will be eliminated
and with the 18% increase in projected revenue for FY 1992-93, the
additional cost will be covered.
Vice-Chairman Barone expressed concern for turning a temporary
part-time position into a full-time permanent position before she
has attended the Water & Sewer Orientation planned for January 20,
1993. She suggested that staff may wish to reschedule. the
orientation to an earlier date; however, until she is better
informed about the Water & Sewer District operations, she cannot
approve a new position.
_ Motion: Vice-Chairman Barone MOVED to delay action on this
recommendation until after the orientation has been held with
staff. The MOTION FAILED DUE TO NOT RECEIVING A SECOND.
~
82
MINUTES OF MEETING, DECEMBER 21, 1992
Motion: After further discussion of the need for the new position,
District Commissioner Greer MOVED, SECONDED by District
Commissioner Sisson to approve the Accounting Technician I position
with elimination of the temporary part-time position as recommended
by staff. Upon vote, the MOTION CARRIED AS FOLLOWS:
Voting Aye: District commissioner Caster
District commissioner Greer
District commissioner Sisson
Chairman Mathews
voting Nay: Vice-Chairman Barone
ADOPTION OF RESOLUTION FOR ACCEPTANCE OF RIGHTS-OF WAY FOR A
PORTION OF MYRTLE GARDENS SUBDIVISION
County Engineer, Wyatt Blanchard, requested .adoption of a
resolution accepting the rights-of-way for sewer construction and
maintenance purposes on certain streets and roads in Myrtle Gardens
Subdivision.
Motion: Vice-Chairman Barone MOVED, SECONDED by District
commissioner Greer to adopt the resolution as presented. Upon
vote, the MOTION CARRIED UNANIMOUSLY.
A copy of the resolution is hereby incorporated as a part of 0
the minutes and is contained in W&S Exhibit Book II, Page 6.
ADOPTION OF RESOLUTION AUTHORIZING FILING WITH THE LOCAL GOVERNMENT
COMMISSION OF NORTH'CAROLINA AN APPLICATION FOR THE APPROVAL OF
REFUNDING BONDS
Finance Director, Andrew J. Atkinson, reported that the
financial market and time are right for the County and Water &
Sewer District to apply to the Local qovernment commission for the
approval of refunding bonds. Advance refunding is a technique
whereby new bonds are issued at a lower interest rate and held in
escrow to pay the old bonds at their call date. He requested the
Board to adopt a resolution authorizing him to move forward with
the refunding procedure before potential savings could evaporate if
financial markets should change. The County can potentially save
approximately $5,000,000 in interest by the refunding process.
Emphasis was placed on the fact that savings will be on a long term
basis.
Motion: After discussion of the potential savings, Vice-Chairman
Barone MOVED, SECONDED by District Commissioner Greer to adopt a
resolution authorizing the Finance Director to file an application
with the Local Government Commission of North Carolina for the
approval of refunding bonds. Upon vote, the MOTION CARRIED
UNANIMOUSLY.
A copy of the resolution is hereby incorporated as a part of
the minutes and is contained in W&S Exhibit Book II, Page 6.
o
83
MINUTES OF MEETING, DECEMBER 21, 1992
ADJOURNMENT
Motion: Vice-Chairman Barone
Commissioner Greer to adjourn.
UNANIMOUSLY.
MOVED, SECONDED by District
Upon vote, the MOTION CARRIED
Chairman Mathews adjourned the meeting at 12:59 P.M.
Respectfully submitted,
~'&I~
Lucie F. Harrell
Clerk to the District Board