Loading...
1983-12-12 W&S Exhibit STATE OF NORTH CAROLINA ~~~I Q ~ ) ~. ) .. ' ss.: COUNTY OF NEW HANOVER I, LUCIE F. SMITH, Clerk of the Board of Commis- sioners of New Hanover County and Clerk of the New Hanover County Water and Sewer District, DO HEREBY CERTIFY as follows: 1. A special meeting of the Board of Commissioners of the County of New Hanover, sitting as the governing body of said District, was duly held on December 12, 1983, 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 extrac~ 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. ~."".""""'l~ WITNESS WHEREOF, I have hereun to se t my hand ~~.....1-.t.~~~UVflf Co """ ,l:'~ _.J.\~'J;~..-~;,~f4:hln.to affixed the corporate seal of said Distrlct ,"" ~ ~.-. tU .?- ..... ~ ~ ~ ~ ~ !.!JJ .. ~ ~ .......- -.... I . "'!'?_ ~ f *!'i ;', ., ~1.\yt:o~ December, 1983. .. lit to: 0 .~ :. . . :z':' ')~)$. :: y .'~ : "~..- _~r..... ~ ~ . ,&~ -~/ ~. ~ ... -:. 1P ..0 JfIIfJtJli~;~'1'''i .;f' ~ "...... .... 11 ". ./ ""~Q;;'- ~., ,.., A~ ".fJ...~"Il. : ..;" I.. ,y It ~ ..' " Y (Jf>UIEft ~. .0' "1 ,:j f:!J" '1'10 .., "'I to. ""..J.,.... C'L y/~ Cle.rk, Board of Commissioners of New Hanover County and Clerk, New Hanover County Water and Sewer District ~ EXTRACTS FROM MINUTES OF BOARD OF COMMISSIONERS OF NEW HANOVER COUNTY, SITTING AS THE GOVERNING BODY OF NEW HANOVER WATER AND SEWER DISTRICT The Board of Commissioners of New Hanover County, sitting as the Governing Body of the New Hanover County Water and Sewer District, met in Special Session on Monday, December l2, 1983, at 9:00 a.m., in the Assembly Room, New Hanover County Administration Building, 320 Chestnut Street, Wilmington, North Carolina. Members present were: Claud O'Shields, Jr., Chairman of Board of District Commissioners Donald P. Blake Karen E. Gottovi Nolan O'Neal Members absent were: Jonathan Barfield, Sr. * * * Commissioner Gottovi introduced the following bond order which was read at length: ... RBOND ORDER AUTHORIZING THE ISSUANCE OF $46,000,000 SANITARY SEWER BONDS OF NEW HANOVER COUNTY WATER AND SEWER DISTRICTR WHEREAS, the Board of Commissioners of the County of New Hanover is the governing body of the New Hanover County Water and Sewer District: and WHEREAS, the Board of Commissioners of the County of New Hanover deems it advisable to make the improvements hereinafter described; and WHEREAS, the Board of Commissioners has caused to be filed with the Secretary of the Local Government Commis- sion of North Carolina an application for Commission ap- proval of the bonds hereinafter described as required by The Local Government 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 Board of CommissIoners of the County of New Hanover, sitting as the governing body of the New Hanover County Water and Sewer District, as follows: Section 1. The Board of Commissioners has ascer- tained and hereby determines that it is necessary to provide sanitary sewer collection facilities and waste water treat- ment facilities, including the acquisition and construction of lines, force mains and interceptors and including the acquisition and installation of equipment and machinery required therefor and the acquisition of land or rights-in- land required therefor, and to pay capital costs of such improvements. 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 source, bonds of the New Hanover County Water and Sewer District 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 $46,000,000. Section 3. A tax sufficient to pay the principal of and interest on said bonds when due shall be annually levied and collected. The revenues of the facilities hereinbefore described may be pledged to the payment of the interest on and principal of said bonds if and to the extent that the Board shall hereafter determine by resolution prior to the issuance of said bonds. In such event, the tax in the District to pay the principal of and interest on said bonds may be reduced by the amount of such revenues avail- able for the payment of such principal and interest. Section 4. A sworn statement of the District's debt has been filed with the Clerk of the Board of CommLs- sioners and is open to public inspection. Section 5. This bond order shall take effect when approved by the voters of the New Hanover County Water and Sewer District at a referendum. Commissioner Gottovi moved the adoption of the following resolution: WHEREAS, the bond order entitled, "BOND ORDER AUTHORIZING THE ISSUANCE OF $46,000,000 SANITARY SEWER BONDS OF NEW HANOVER WATER AND SEWER DISTRICT", has been introduced at the meeting of the Board of Commissioners, sitting as the governing body of the District, held on December 12, 1983 and the 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, sitting as the governing body of the New Hanover County Water and Sewer District, as follows; (1) The public hearing upon said bond order shall be held on the 19th day of December, 1983 at 9:00 Commissloners' Assemblv Room, o'clock, 2L.M., at 320 Chestnut Strppt' , in Wilminqton , 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 pre- scribed by law in a qualified newspaper no fewer than six days prior to such public hearing. (3) The District's Finance Officer is hereby directed to file with the Clerk of the Board of Commis- sioners, 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 by the District, the ap- praised value of property subject to taxation by the District and the net debt of the District. The motion was seconded by Commissioner Blake and was adopted by the following vote: AYES: Commissioners Blake, Gottovi, O'Neal and O'Shields. NAYS: None. ABSENT: Commissioner Barfield.