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2024-06-03 RM ExhibitsNew Hanover County Monthly Collection Report for March 2024 Exhl*blt Book'M—Page wL Current Year 2023-2024 Real Estate Personal Property Motor Vehicles Combined Scroll/Billed $ 188,296,360.77 $ 14,956,600.40 $ 10,214,489.03 $ 213,467,450.20 Abatements $ (167,013,36) $ (225,616.36) $ $ (392,629.72) Adjustments $ 58,862.33 $ 30,439.69 $ $ 89,302.02 Total Taxes Charged $ 188,188,209.74 $ 14,761,423.73 $ 10,214,489.03 $ 213,164,122.50 Collections to Date $ 187,542,346.37 $ 14,413,857.90 $ 10,214,489.03 $ 212,170,693.30 *Refunds $ 892,648.69 $ 69,067.26 $ $ 961,715.95 Write-off 25.75 $ 1,398.22 $ $ 1,423.97 Outstanding Balance $ 7538,486.31 $ 415,234.87 $ 1,953,721.18 Collection Percentage 99.18 97.19 100.00 99.08 YTD Interest Collected 197,389.74 $ 16,330.84 $ 89,991.09 $ 303,711.67 Total 2023-2024 Collections YTD$ 211,512,689.0 Prior Years 2013-2022 Real Estate Personal Property Motor Vehicles Combined Scroll $ 1,518,383.70 $ 4,309,089.93 -116,471.59 5,943,945.22 Abatements $ (18,455.85) $ (347,242.40) $ $ (365,698.25) Adjustments $ 39,091.88 $ - $ $ 39,091.88 Total Levy $ 1,539,019.73 $ 3,961,847.53 $ 116,471.59 5,617,338.85 Collections to Date $ 521,146.14 $ 97,407.14 $ 196.62 $ 618,749.90 *Refunds $ 96,760.06 $ 287,369.33 $ 96.28 $ 384,225.67 Write-off $ 25,073.35 $ 405,154.80 $ 111,435.44 $ 541,663.59 Outstanding Balance $ 1,089,560.30 3,746,654.92 $ 4,935.81 $ 5,924,478.21 YTD Interest Collected $ 90,094.90 $ 33,598.46 $ 157.97 $ 123,851.33 Total Prior Year Collections YTD 358,375.56 Grand To#ai All Collections YTD $ 23.1,871,064.5 *Detailed information for Refunds can be found in the Tax Office NEW HANOVER COUNTY ht L7hTi r Clerk V the Board 4) (" ( -:?A & ;z+ Date N T Y 75 . . . . . . . . . . . Scroll/Billed Abatements Adjustments Total Taxes Charged Collections to Date *Refunds Write-off Outstanding Balance Collection Percentage YTD Interest Collected Real Estate Personal Property $ 10,609,55339 $ 852,583.87 $ $ (9,409.15) $ (12,713.13) $ $ 3,316.20 $ 1,714.86 $ $ 10,603,460.44 $ 841,585.60 $ $ 10,517,077.08 $ 817,179.54 $ 395.59 $ 22037 $ 12.97 $ 9142 $ 86,765.98 $ 24,533.41 $ 99.18 97.08 $ 11,593.50 $ 974.13 $ Exhibit Book IML—paue _11—A Motor Vehicles Combined 634,446M $ 12,096,584.14 $ (22,122.28) $ 5,031.06 634,446.88 $ 12,079,492,92 634,446.88 11,968,703.50 61636 $ 106.39 - 111,299.39 100.00 970-8 6,46637 $ 19,034.20 Prior Years 2013-2022 Real Estate Personal Property Motor Vehicles Combined Scroll 143,039.18 351,588.21 $ 494,62739 Abatements (1,366M) $ (44,551.35) $ (45,91735) Adjustments $ 4,055.01 $ - $ 4,055.01 TotalLeary$ 145,728.19 $ 307,036.86 $ 452,765.05 Collections to Date $ 45,925.78 $ 463.58 $ 46,38936 *Refunds $ 4,430.85 $ 29,332.11 $ $ 33,762.96 Write-off $ 2.68 $ 11.75 $ $ 14,43 Outstanding Balance $ 104,230.58 $ 335,893,64 $ $ 440,15�3.08 7711) Interest Collected $ 8,574�53 $ 3,183.89 $ 7 i8 11,758.42 Total Prior Year Collections YTD * Detailed information for Refunds can be found in the Tax Office NEW HANOVER COUNTY Chair 4Cler totrue'B.ar4l_ Date "W. �s OW. '), $ 24,384.82 Exhibit New Hanover County Fire District Monthly Collection Report for K«orcBook h2��4 VK Pnn8 ~ ------ Current Year 2023-2024 Scroll/Billed Abatements Adjustments Total Taxes Charged Collections to Date *Refunds Write-off Outstanding Balance Follection Percentage YTD Interest Collected Real Estate Personal Property Motor Vehicles Combined Prior Years 2013-2022 Real Estate Personal Property Motor Vehicles Combined Total Prior Year Collections YTD ^ Detailed information for Refunds can be found mthenmOffice NEW HANOVERCOUNTY Chair C I 4eo t h LeB o a —rd 7- - (0, Date New Hanover County Monthly Collection Report for April 2024 Exhibit Book )( —. Page -A-2ft Current Year 2023-2024 Scroll/Billed Real Estate Personal Property Motor Vehicles Combined ,188,296,360.77 14,956,600.40 $ 11,392,536.15 $ 214,645,497.32 Abatements $ (169,337.83) (232,057.08) $ (401,394.91.) Adjustments $ 59,95544 $ 30,379.69 $ 90,335.13 Total Taxes Charged S 188,1,86,978.38 $ 14,754,923.01 11,392,536.15 214,334,437.54 Collections to Date 188,125,405.19 $ 14,4 74,102.74 11,392,536.15 213,992,044.08 *Refunds 919,930.94 $ 69,407.98 $ $ 989,33&92 Write-off $ 22.14 $ 1,408.17 1,430.31 Outstanding Balance IS 981,481,99 $ 348,820.08 $ .$ $ 1,330,302.07 Collection Percentage 99448 97,64 100.00 9938 YTI) Interest Collected $ 219,838.32 $ 18,916,00 1,02,407.69 $ 341,162.01. $ �,3�43,867.17 PrIor Years 2013-2022 Scroll Real Estate Personal Property Motor Vehicles Combined 1,51.8,383.70 4,309,089.93 $ 11.6,471,59 5,943,945.22 Abatements $ (18,455.85) $ (348,970.62) (367,426.47) Adjustments 39,091.88 $ 39,091,88 "Dotal Leery $ 1 _,539,01933 3,960,11.931 116,47139 5,615,610.63 Collections to Date $ 567,94532 $ 110,97236 $ 196,62 $ 679,114.30 "Refunds $ 96,760.06 $ 288,455,20 $ 96.28 $ 385,311.54 Write-off $ 25,073,35 $ 405,1.54.78 $ 111,435.44 $ 541,663.57 Outstanding Balance Outstanding $ 1,042,76:1.12 $ 3,732,A4737 4,935,81 5,863,47L44 D7Ent:e,etCollected $ 102,347,87 $ 39,491.67 $ 157.97 141,997,71, Total Prior Year Collections YTD 435,800,27 Grand Total All Collections YTD 213,779,667.44 * Detailed information for Refunds con be found in the Tax Office Scroll/Billed Abatements Adjustments Total Taxes Charged Collections to Date *Refunds Write-off Outstanding Balance Collection Percentage YTD Interest Collected Prior Years 2013-2022 Totallevy Collections to Date *Refunds Write-off ------- ------------ Outstanding Balance YTD Interest Collected Exhibit 11 *26 Book ��_v Page - Real Estate Personal Property Motor Vehicles Combined $ 10,609,55339 $ 852,58187 $ 701,385.66 $ 12,163,522.92 $ (9,540.11) $ (13,076,00) $ - $ (22,616.11) $ 3,377.79 $ 1,71436 $ - $ 5,092.65 $ 10,603,391.07 $ 841,22233 $ 701,385.66 $ 12,145,999,46 $ 10,548,103,52 $ 820,905.27 $ 701,385.66 $ 12,070,394.45 $ 408.74 $ 220,77 $ 629.51 $ 1112 $ 94,00 $ 107.12 $ 55,68117 $ 20,444.23 $ - $ 76,127.40 99.47 97.57 100.00 99.37 $ 12,855.20 $ 1,124.29 $ 7,248.45 $ 21,227.94 Real Estate Personal Property Motor Vehicles Combined $ 143,039.18 $ 351,588.21 $ $ 494,627.39 $ (1,366.00) $ (44,728.33) $ (46,094,33) $ 4,055.01 $ $ 4,055.01 $ 145,728.19 306,859.88 $ $ 452,588.07 $ 50,163.61 $ 1,799.88 $ $ 51,963.49 $ 4,430.85 $ 29,33152 $ $ 33,76437 $ 2.68 $ 11,75 $ $ 14.4 $ 99,992.75 $ 334,381.77 $ $ 434,473,38 9,695.23 $ 3,83167 $ $ 13,527,90 Total Prior Year Collections YTD $ 31,727.02 (and Total 11 Collections YTD $ 12,122,719. *Detailed information for Refunds can be found in the Tax Office NEW HANOVER COUNTY -%Tv nate Exhibit New Hanover County Fire District Monthly Collection Report for April 2024 B o o k )(LV— Pa g e Scroll/Billed Abatements Adjustments Total Taxes Charged Collections toDate *Refunds Write-off Outstanding Balance Percentage YTD Interest Collected Real Estate Personal Property Motor Vehicles Combined Prior Years 2013-2022 Real Estate Personal Property Motor Vehicles Combined Total Prior Year Collections vTD ^ Detailed information for Refunds can be found mthe Tax Office NEW HANOVER COUNTY Chair --�(0,12JAU Date 56,690.55 AGENDA: June 3,2024 Exhibit p,g, NEW HANOVER COUNTY BOARD OF COMMISSIONERS AN ORDINANCE AMENDING THE FISCAL YEAR 2024 BUDGET BE IT ORDAINED by the Board of County Commissioners of New Hanover County, North Carolina, that the following Budget Amendment(s) be made to the annual budget ordinance for the fiscal year ending June 30, 2024. Section 1: Details of Budget Amendment Strategic Focus Area: Good Governance Strategic Objective(s): Align services and programs with strategic priorities, Proactively manage the county budget. Fund: General Department: Various Appropriated Fund Balance $ 26,881,728 Section 2: Explanation Increases the salaries and wages budget for Public Safety by $9,000,000 that is needed due to overtime being under budgeted and two overtime policy changes enacted to address staff shortage. The two overtime policy changes, effective mid -June FY23, were not accounted for in the FY24 adopted budget. Staff monitors salary and benefits throughout the year, and current projections indicate that existing funds will not be sufficient to cover the final pay periods. Section 3: Documentation of Adoption This ordinance shall be effective upon its adoption. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of New Hanover County, North Carolina, that the Ordinance for Budget Amendment(s) 24-081 amending the annual budget ordinance for the fiscal year ending June 30, 2024, is adopted. Adopted, this 3rd day of June, 2024. (SEAL) 0 *e;14""T'A wwq)'� RE William E. Rivenbark, Chairman ATTEST: 1AC 4Kyi erllcigb G'J.—Cro 11, Clerk to the Board Exhibit Book Page RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE COUNTY OF NEW HANOVER, NORTH CAROLINA, AUTHORIZING THE NEGOTIATION OF AN INSTALLMENT FINANCING CONTRACT, DIRECTING THE PUBLICATION OF NOTICE WITH RESPECT THERETO, DECLARING THE INTENT OF THE COUNTY To REIMBURSE ITSELF FOR CAPITAL EXPENDITURES FROM PROCEEDS THEREOF, AND PROVIDING FOR CERTAIN OTHER RELATED MATTERS THERETO WHEREAS, the County of New Hanover, North Carolina (the "County") is a validly existing political subdivision, existing as such under and by virtue of the Constitution, statutes and laws of the State of North Carolina (the "State"); WHEREAS, the County has the power, pursuant to the General Statutes of North Carolina to (1) enter into installment contracts in order to purchase, or finance or refinance the purchase of, real or personal property and to finance or refinance the construction or repair of fixtures or improvements on real property and (2) create a security interest in some or all of the property financed or refinanced to secure repayment of the purchase price; WHEREAS, the Board of Commissioners of the County of New Hanover (the "Board") hereby determines that it is in the best interest of the County to finance (a) the construction, equipping and furnishing of a new library (the "Northchase Library"), (b) the construction, equipping and furnishing of two fire stations (the "Fire Stations"), (c) the construction of an ammunition warehouse and office/classroom building at the New Hanover County Firing Range, and (d) the replacement of the roof and other exterior improvements to the New Hanover County Senior Resource Center (collectively, the "2024 Projects"); WHEREAS, the New Hanover County Financing Corporation (the "Corporation") will assist the County by the execution and delivery of its Limited Obligation Bonds (the "2024 Bonds") to finance the 2024 Projects; WHEREAS, the Board hereby determines that it is in the best interests of the County to finance the 2024 Projects by entering into (1) an Installment Financing Contract (the "Contract") with the Corporation, and (2) a Deed of Trust, Security Agreement and Fixture Filing (the "Deed of Trust") related to the County's fee simple interest in the real property on which the Northchase Library and the Fire Stations will be located, together with the improvements thereon (collectively, the "Mortgaged Property"), that will provide security for the County's obligations under the Contract; WHEREAS, the Corporation will execute and deliver its 2024 Bonds in an aggregate principal amount not to exceed $37,500,000, evidencing proportionate undivided interests in rights to receive certain Revenues (as defined in the Contract) pursuant to the Contract; WHEREAS, the County hereby determines that financing the 2024 Projects is essential to the County's proper, efficient and economic operation and to the general health and welfare of its inhabitants; that financing the 2024 Projects will provide an essential use and has and will permit the County to carry out public functions that it is authorized by law to perform; and that entering into the Contract and Deed of Trust is necessary and expedient for the County by virtue of the findings presented herein; WHEREAS, the County hereby determines that the Contract would allow the County to finance the 2024 Projects and take title thereto at a favorable interest rate currently available in the financial marketplace and on terms advantageous to the County; PPAB 10959194v3 WHEREAS, the County hereby determines that the estimated cost of financing the 2024 Projects, including payment of the costs of execution and delivery of the Contract, is an amount not to exceed $37,500,000 and that such cost exceeds the amount that can be prudently raised from currently available appropriations, unappropriated fund balances and non -voted bonds that could be issued by the County in the current fiscal year pursuant to Article V, Section 4 of the Constitution of the State; WHEREAS, although the cost of financing the 2024 Projects to the Contract is expected to exceed the cost of financing the 2024 Projects pursuant to a bond financing for the same undertaking, the County hereby determines that the cost of financing the 2024 Projects pursuant to the Contract and Deed of Trust and the obligations of the County thereunder are preferable to a general obligation bond financing or revenue bond financing for several reasons, including but not limited to the following: (1) the cost of a special election necessary to approve a general obligation bond financing, as required by the laws of the State, would result in the expenditure of significant funds; (2) the time required for a general obligation bond election would cause an unnecessary delay which would thereby decrease the financial benefits of financing, constructing, and improving the 2024 Projects; and (3) insufficient revenues are produced by the 2024 Projects so as to permit a revenue bond financing; WHEREAS, the County hereby determines that the estimated costs of financing the 2024 Projects pursuant to the Contract reasonably compares with an estimate of similar costs under a bond financing for the same undertaking as a result of the findings delineated in the above preambles; WHEREAS, the County anticipates that any future property tax increase, if necessary, to pay installment payments falling due under the Contract will not be excessive; WHEREAS, the sums to fall due under the Contract will be adequate but not excessive for its proposed purpose; WHEREAS, Parker Poe Adams & Bernstein LLP, as bond counsel ("Bond Counsel"), will render an opinion to the effect that entering into the Contract and the transactions contemplated thereby are authorized by law; WHEREAS, no deficiency judgment may be rendered against the County in any action for its breach of the Contract, and the taxing power of the County is not and may not be pledged in any way directly or indirectly or contingently to secure any money due under the Contract; WHEREAS, the County is not in default under any of its debt service obligations; WHEREAS, the County's budget process and Annual Budget Ordinance are in compliance with the Local Government Budget and Fiscal Control Act, and external auditors have determined that the County has conformed with generally accepted accounting principles as applied to governmental units in preparing its Annual Budget ordinance; WHEREAS, past audit reports of the County indicate that its debt management and contract obligation payment policies have been carried out in strict compliance with the law, and the County has not been censured by the North Carolina Local Government Commission (the "LGC'), external auditors or any other regulatory agencies in connection with such debt management and contract obligation payment policies; WHEREAS, a public hearing on the Contract after publication of a notice with respect to such public hearing must be held, and approval of the LGC with respect to entering into the Contract must be received; PPAB 10959194v3 WHEREAS, the County will incur and pay certain expenditures (the "Original Expenditures ") in connection with the 2024 Projects prior to the date of execution and delivery of the Contract, such Original Expenditures to be paid for originally from a source other than the proceeds of the Contract, and the County intends, and reasonably expects, to be reimbursed for such Original Expenditures from a portion of the proceeds of the Contract; and WHEREAS, the County hereby determines that all findings, conclusions and determinations of the County in this Resolution are subject to modification or affirmation after all interested parties have been afforded the opportunity to present their comments at a public hearing regarding the execution and delivery of the Contract and the Deed of Trust and the 2024 Projects financed thereby. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE COUNTY OF NEW HANO VER, NORTH CAR OLINA, AS FOLL 0 WS: Section 1. Authorization to Negotiate the Contract. The County Manager or the Chief Financial Officer, with advice from the County Attorney and Bond Counsel, are hereby authorized and directed to proceed and negotiate on behalf of the County the Contract for a principal amount not to exceed $37,500,000 to finance the 2024 Projects, to be entered into in accordance with the provisions of Section 160A-20 of the General Statutes of North Carolina, as amended, and to provide in connection with the Contract, as security for the County's obligations thereunder, the Deed of Trust, conveying a lien and interest in the Mortgaged Property, including the improvements thereon. Section 2. Application to LGC, The Chief Financial Officer or his designee is hereby directed to file with the LGC an application for its approval of the Contract and all relevant transactions contemplated thereby on a form prescribed by the LGC and to state in such application such facts and to attach thereto such exhibits regarding the County and its financial condition as may be required by the LGC. Section 3. Direction to Retain Professionals. The County Manager and the Chief Financial Officer, with advice from the County Attorney, are hereby authorized and directed to retain the assistance of Parker Poe Adams & Bernstein LLP, Raleigh, North Carolina, as bond counsel, First Tryon Advisors, Charlotte North Carolina, as financial advisor, PNC Capital Markets LLC, Charlotte, North Carolina, as underwriter, and U.S. Bank Trust Company, National Association, as trustee. The County Manager and the Chief Financial Officer are hereby authorized to retain such other professionals as they deem necessary in their judgment to carry out the transaction contemplated in this Resolution. Section 4. Public Hearing. A public hearing (the "Public Hearing") shall be conducted by the Board on June 17, 2024 at 9:00 a.m. in the Assembly Room, New Hanover County Courthouse, 24 North Third Street, Wilmington, North Carolina, concerning the Contract, the proposed financing of the 2024 Projects, and any other transactions contemplated therein and associated therewith. Section 5. Notice of Public Hearing. The Clerk to the Board is hereby directed to cause a notice of the Public Hearing, in the form attached hereto as Exhibit A, to be published once in a qualified newspaper of general circulation within the County no fewer than 10 days prior to the Public Hearing. Section 6. Repealer. All motions, orders, resolutions and parts thereof in conflict herewith are hereby repealed. Section 7. Reimbursement. The County presently intends, and reasonably expects, to reimburse itself for Original Expenditures in an amount not to exceed $37,500,000 on or after the date occurring 60 days prior to the date of adoption of this Resolution from a portion of the proceeds of the Contract. The County adopts this Resolution as a declaration of official intent under Section 1. 150-2 of the PPAB 109591940 Treasury Regulations promulgated under Section 103 of the Internal Revenue Code of 1986, as amended, to evidence the County's intent to reimburse itself for the Original Expenditures from proceeds of the Contract. The Chief Financial Officer of the County, with advice from Bond Counsel, is hereby authorized, directed and designated to act on behalf of the County in determining and itemizing all of the Original Expenditures incurred and paid by the County in connection with the 2024 Projects during the period commencing on the date occurring 60 days prior to the date of adoption of this Resolution and ending on the date of the execution and delivery of the Contract. Section 8. Effective Date. This Resolution is effective on the date of its adoption. Read, approved and adopted this 3rd day of June, 2024. ( 't ClerUo the Board APPROVED AS To FORM: o 400,0-1- r�4 , Co ty tt ney< By: - 4 Chair of the Board of Commissioners I h3TX/ - 0- i7i,6*411 S I PPAB 109591940 EXHIBIT A NOTICE OF PUBLIC HEARING The Board of Commissioners (the ".Board") of the County of New Hanover, North Carolina (the "0mnty") is considering (1) entering into an. installment financing contract in an. amount, not to exceed $37,500,000 (the "Contract") to finance (a) the construction, equipping and furnishing of a new library (the "Northchase Library"), (b) the construction., equipping and furnishing of two fire stations (the "Castle Ilayne Fire ,action" and the "Gordon .RoadT'ire ,nation"), (c) the construction of an ammunition warehouse and office/classroom building at the New Hanover County Firing Range, and (d) the replacement of the roof and other exterior improvements to the New 11anover County Senior Resource Center (collectively, the "2024 Pr(xjects") and (2) executing and delivering a Deed of Trust, Security Agreement and Fixture Filing (the "Deed qf'77rust") related to the County's fee simple interest in the Northchase Library, the Castle Hayne Fire Station, and. the Gordon Road Fire Station, together with the improvements thereon (collectively, the "Alfortgaged I-Iroperty"), as may be required. by the entity providing the funds to the County under the Contract. The Northchase Library will be located at 4400 NE Northchase Parkway, Wilmington, North Carolina 28405. The Castle Hayne Fire Station will be located at 4860 Castle Hayne Road, Castle Hayne, North Carolina 28429. The Gordon Road Fire Station will be located. at the intersection of Gordon Road and Harris Road in Wilmington, North Carolina. The Mortgaged Property identified above will be mortgaged tinder the Deed of Trust. The Contract and the Deed of Trust permit the County to enter into amendments to finance additional projects using the Mortgaged Property as collateral and the County may or may not grant additional collateral in connection with such amendments. On payment by the County of all installment payments due tinder the Contract, including any future amendments to finance or refinance projects, the Deed of Trust and any lien created. thereunder will terminate and the County's title to the Mortgaged. Property will be unencumbered. NOTICE 1,5 HEREBY GIVEN, pursuant to Sections 160A-20 of the General Statutes of North Carolina, that on'June 17, 2024 at 9:00 a.m. in the Assembly Room, New Hanover County Courthouse, 24 North Third Street, Wilmington, North Carolina, a public hearing will be conducted concerning the approval of the execution and delivery of the Contract and the projects financed thereby. All interested parties are invited to present comments thereon at the public hearing. /s/ Kym CROWELL Clerk to the Board of Commissioners County of New Hanover, North Carolina Published: 2024 PPAB 10959194v3 STATE OF NORTH CAROLINA ss: COUNTY OF NEW HANOVER I, Kym Crowell, Clerk to the Board of Commissioners of the County of New Hanover, North Carolina, DO HEREBY CERTIFY that the foregoing is a true and exact copy of a resolution entitled "RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE COUNTY OF NEW HANOVER, NORTH CAROLINA, AUTHORIZING THE NEGOTIATION OF AN INSTALLMENT FINANCING CONTRACT, DIRECTING THE PUBLICATION OF NOTICE WITH RESPECT THERETO, DECLARING THE INTENT OF THE COUNTY TO REIMBURSE ITSELF FOR CAPITAL EXPENDITURES FROM PROCEEDS THEREOF, AND PROVIDING FOR CERTAIN OTHER RELATED MATTERS THERETO" adopted by the Board of Commissioners of the County of New Hanover, North Carolina, at a meeting held on the 3rd day of June, 2024. 4 A WITNESS my hand and the corporate seal of the County of New Hanover, North Carolina, this the day of June, 2024. .rm,, PPAB 109591940 Exh b 100k,�V_Paae RESOLUTION OFTHE BOARD OF COMMISSIONERS OF,rHE COUNTY OF NEw HANOVER, 1WORTI.1 CAROLINA, APPROVING AN INSTALLMENT FINANCING CONTRACT TO FINANCE VEHICLES AND EQujPMENT, DECLARING THE INTEPVT CIF THE COtJNI'Y,YO REIMBURSE ITSELF FOR CAPjTAI, EXPENDF17UREs FROM PROCEEDS rHEREOF, AND PROVIDING FOR CERTAIN OTHER RELATED MATTERS WIIEREAS, the County of New Hanover, North Carolina (the "Couqv") is a validly existing political subdivision, existing as such under and by virtue of the Constitution, statutes and laws of the State of North Carolina (the "State "); WIIEWEAS, the County has the fie power, pursuant to the General Statutes of North Carolina to (1) enter into installment contracts to purchase, or finance or refinance the purchase of, real or personal property and to finance or refinance the construction or repair of fixtures or improvements on real. property and (2) create a security interest in some or all of the property financed or refinanced to secure repayment of the purchase price-, WHEREAS, the Board of Commissioners of the County (the "Board") has determined that it is in the best interest of (lie County to (1) enter into an installment financing contract (the "Contract") with T'D Equipment Finance, Inc. (the "Lender") to pay the capital costs of (a) the acquisition of various vehicles, and (b) the acquisition and installation of equipment (collectively the " VehicleslEquij,2ment"), and (2) grant a security interest in the Vehicles/Equipment infavor of the Lender as security for the County's obligations under the Coiitracty WIIENEAS, the County will enter into the Contract in an aggregate principal amount of not to exceed $6,799,268; WHER EAS, there has been made available to the Board the form of the Contract, which the Board proposes to approve, enter into and deliver, as applicable, to effectuate the proposed installment financing; WHEREAS, it appears that the Contract is in appropriate form and is an appropriate instrumentfor the purposes intended; and WHEREAS, the County will incur and pay certain expenditures (the "Original Expenditures ") in connection with tire Vehicles/Equipment prior to the date of execution and delivery of the Contract, such Original Expenditures to be paid for originally from a source other than the proceeds of the Contract, and tire County intends, and reasonably expects, to be reimbursed. for such Original Expenditures from a portion of the proceeds of the Contract; NOW, YTIEREF'ORE, BE IT RESOLVED BY T11E BOARD OF, COMMISSIONERS OF THE (,'O(.WTY 0,FN],,WI1ANOVFR, NORTH CAROLINA,ASF'OLLOWS: Section I. Ratification of Prior Actions. All actions of the Chair of the Board, the Clerk to the Board, the County Manager, the Chief Financial Officer, the County Attorney, and their respective designees (collectively, the "Authorized Officers"), in effectuating the proposed financing are approved, ratified and authorized pursuant to and in accordance with the transactions contemplated by the Contract. Section 2. Al.)Imoral, Authorization and Execution of' Contract. The Board approves the acquisition of the Vehicles/Equipment hi accordance with the terms of the Contract, which will be a valid, legal and binding obligation of the County in accordance with its terms. The Board. approves the arilount advanced by the Lender to the County pursuant to the Contract in an aggregate principal amount not to exceed $6,799,268, such amount to be repaid by the County to the Lender as provided in the Contract. The form, terms and content of the Contract are in all respects authorized, approved and confirmed, and the Authorized Officers, individually or collectively, are authorized, empowered and directed to execute and deliver the Contract for and on behalf of the County, including necessary counterparts, in substantially the form made available to the Board, but with such changes, modifications, additions or deletions therein as they may deem necessary, desirable or appropriate, their execution thereof to constitute conclusive evidence of their approval of any and all such changes, modifications, additions or deletions, and that from and after the execution and delivery of the Contract, each Authorized Officer is authorized, empowered and directed to do all such acts and things and to execute all such documents as may be necessary to carry out and comply with the provisions of the Contract as executed. Section 3. Further Actions. Each Authorized Officer is designated as the County's representative to act on behalf of the County in connection with the transactions contemplated by the Contract, and the Authorized Officers are authorized and directed to proceed with the Projects in accordance with the terms of the Contract, and to seek opinions on matters of law from the County Attorney, which the County Attorney is authorized to furnish on behalf of the County, and opinions of law from such other attorneys for all documents contemplated hereby as required by law. The Authorized Officers are authorized to designate one or more employees of the County to take all actions which they are authorized to perform under this Resolution, and each is in all respects authorized on behalf of the County to supply all information pertaining to the transactions contemplated by the Contract. The Authorized Officers, individually or collectively, are authorized to execute and deliver for and on behalf of the County any and all additional certificates, documents, opinions or other papers and perform all other acts as may be required by the Contract or as they may deem necessary or appropriate to implement and carry out the intent and purposes of this Resolution and the Contract, including the on -going administration thereof. Section 4. Reimbursement. The County presently intends, and reasonably expects, to reimburse itself for Original Expenditures in an amount not to exceed $6,799,268 on or after the date occurring 60 days prior to the date of adoption of this Resolution from a portion of the proceeds of the Contract. The County adopts this Resolution as a declaration of official intent under Section 1. 150-2 of the Treasury Regulations promulgated under Section 103 of the Internal Revenue Code of 1986, as amended, to evidence the County's intent to reimburse itself for the Original Expenditures from proceeds of the Contract, The Chief Financial Officer of the County, with advice from its bond counsel, is hereby authorized, directed and designated to act on behalf of the County in determining and itemizing all of the Original Expenditures incurred and paid by the County in connection with the Vehicles/Equipment during the period commencing on the date occurring 60 days prior to the date of adoption of this Resolution and ending on the date of the execution and delivery of the Contract. Section 5. Repealer. All motions, orders, resolutions, ordinances and parts thereof, in conflict herewith are repealed. Section 6. Severability. If any section, phrase or provision of this Resolution is for any reason declared to be invalid, such declaration will not affect the validity of the remainder of the sections, phrases or provisions of this Resolution. Section 7. Effective Date. This Resolution is effective on the date of its adoption. PPAB 109962490 STATE OF NORTH CAROLINA m COUNTY oi,, NEw HANOVER. .1, Kvm Crowell, Clerk to the Board of Commissioners of the County of New Hanover, North Carolina, DO 11F��REBY CERTIFY that the foregoing is a true and exact copy of a resolution titled "RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE COUNTY OF NEW HANOVER, NORTH CAROLINA., APPROVING AN INSTALLMENT FINANCING CONTRACr r TO FINANCE VEHICLES AND EQUIPMENT, DECLARINGTHE INTENT OF THE COUNTY TO REIMBURSE IT FOR CAPITAL EXPENDITURES FROM THE PROCEEDS 'YHEREOF, AND PROVIDING FOR CERTAIN OTHER RELATED MATTERS" adopted by the Board of Commissioners of the County of New Hanover, North Carolina in regular session convened on the 3 rd day of June, 2024, as recorded in the minutes of the Board of Commissioners of the County of New Hanover, North Carolina. W,ITNE�V, my hand and the seal of the County of New Hanover, North Carolina, this the day — y of June, 2024. 4 SEAL 'X KytyVrowell Clerk to the Board of Commissioners County of New Hanover, North Carolina PPAB 109962490 Exhibit B o o k Page NORTH CAROLINA STATE DEPARTMENT OF TRANSPORTATION REQUEST FOR ADDITION TO STATE MAINTAINED SECONDARY ROAD SYSTEM North Carolina County of New Hanover Road(s) Description: Cloverland Way, Goodwood Way, and Trumpet Vine Way located in Henderson Parke at The Lakes at Johnson Farms subdivision in New Hanover County (Division File No: 1306-N) WHEREAS, a petition has been filed with the Board of County Commissioners of the County of New Hanover requesting that the above described road(s), the location of which has been indicated on a map, be added to the Secondary Road System; and WHEREAS, the Board of County Commissioners is of the opinion that the above described road(s) should be added to the Secondary Road System, if the road(s) meets minimum standards and criteria established by the Division of Highways of the Department of Transportation for the addition of roads to the System. NOW, THEREFORE, be it resolved by the Board of Commissioners of the County of New Hanover that the Division of Highways is hereby requested to review the above described road(s), and to take over the rood(s) for maintenance if they meet established standards and criteria. CERTIFICATE The foregoing resolution was duly adopted by the Board of Commissioners of the County of New Hanover at a meeting on the 311 day of June, 2024. WITNESS my hand and official seal this the 3,d day of June, 2024. Form SR-2 Please Note: Forward directly to the District Engineer, Division of Highways. NEW HANOVER COUNTY BOARD OF COMMISSIONERS PRIDE MONTH PROCLAMATION WHEREAS, the New Hanover County Board of Commissioners recognizes and proclaims the month of June 2O24as Lesbian, Gay, Bisexua[Transgender, and Queer(USBTO) Pride Month throughout New Hanover County; and WHEREAS, New Hanover County observes Pride Month to honor the history of the LGBTQ liberation movement and to support the rights of all citizens to experience equality and freedom from discrimination; and WHEREAS, all human beings are born free and equal in dignity and rights, and LGBTDindkidua|s have had an immeasurable impact on the cultural, civic, and economic successes of this country; and WHEREAS, New Hanover County is committed to supporting visibi|ity, dignity, and equality for b3BT{} people in its diverse community; and WHEREAS, while society at large increasingly supports LGBTQ equa|ity, it is essential to acknowledge that the need for education and awareness remains vital tnending discrimination and prejudice; and WHEREAS, this nation was founded on the principle that every individual has infinite dignity and worth, and New Hanover County calls upon the people of this community to embrace this principle and work to eliminate prejudice vvhereveritexisLs;and WHEREAS, celebrating Pride Month raises awareness and provides support and advocacy for New Hanover Cnunt/s LGBT{}community, and is an opportunity to take action and engage in dialogue to strengthen alliances, build acceptance, and advance equal rights. NOW, THEREFORE, BE IT PROCLAIMED that the New Hanover County Board of Commissioners hereby proclaims the month of June 2024 as Pride Month in support of the LGBTQ community. ADOPTED this 3 rd day of June, 2024. Mm � � NEW HANOVER COUNTY —,�a; I - Z Q, k � William E. Rivenbark, Chair 01 �Ikll` V) . .... ...... -x4vvdl�. Ky6gerleigh G. Cro"ll, Clerk to the Board AN ORDINANCE OF THE COUNTY OFNEW HAN0VER AMENDING THE 2016 COMPREHENSIVE PLAN OFNEW HAydOVGR COUNTY, NONTNCAROL|NA ADOPTED JWLY 11,2816 Bicycle and Pedestrian Infrastructure Policies Exhibit Book Pane WHEREAS, pursuant tnN.C.G.S.§ 16OC\the County VfNew Hanover /"Countv"\shall adopt and reasonably maintain a comprehensive plan or land use plan; WHEREAS, a comprehensive plan sets forth goals, policies, and programs intended to guide coordinated, efficient, and orderly development within the planning and development regulation jurisdiction based on an analysis of present and future needs; WHEREAS, the County desires amending the 2OI6Comprehensive Plan tninclude abicycle and pedestrian priorities plan that will advance efforts for the planning and installation ofbicycle and pedestrian infrastructure; WHEREAS, the New Hanover County Board of Commissioner held a public hearing onJune 3, 2024 to consider a proposed amendment to the 2016 Comprehensive Plan; WHEREAS, the County finds that the amendment is consistent with the purpose and intent of the 2016 Comprehensive Plan because it broadens existing goals and guidelines promoting the desire tohave more bicycle and pedestrian infrastructure inthe county; and WHEREAS, the County finds that approval of the amendment is reasonable and in the public interest because it articulates identified priority bicycle and pedestrian projects, darifie5vvh2n2 bicycle and pedestrian infrastructure is desired during the dEwp|Vprnen1 review process and formalizes policy direction to include bicycle and pedestrian easements along Carolina Beach Road with new development projects. THE BOARD OF COMMISSIONERS OF NEW HANOVER COUNTY DOTH ORDAIN: Section 1.The Comprehensive Plan of the County of New Hanover adopted July 11, 2016 is hereby amended per the attached amendment document. Section 2, Any adopted plan or any part of any adopted plan in conflict with this plan, to the extent of such conflict, is hereby repealed. Section 3. This ordinance is adopted in the interest of the public health,� safety, nl0r3|s and general welfare ofthe inhabitants ofthe County ofNew Hanover, North Carolina and shall bein full force and effect from and after its adoption. Page 1 of 2 Section 4^The County Commissioners find, i in accordance with the provisions of N.C.G.5 § 160D' 6OS, that adoption of this amendment is consistent with the purpose and intent of the 2016 Comprehensive Plan because isexpands onexisting goals and guidelines that support new bicycle and pedestrian infrastructure and provides clarity for both applicants and the public ofthe desire to add additional bicycle and pedestrian infrastructure. ADOPTED this the ]rd day ofJune, 2O24 -1ry NEW HANOVER COUNTY Bill RivenbarkChair y rowell, Clerk to the Board Page 2 of 2 Comprehensive Plan Amendment - Bicycle and Pedestrian Priorities Plan — Public Hearing Draft . .w ... . _. � , .._. . __ _..._ µ w .........µ a ... Chapter 5: Building the Future — Implementation Guidelines — Goal IV Desired Outcome. Coordinated efforts ofpublic and private investment to maximize improvements. Implementation Strategies __. _ _ _ _ Implementation Guidelines A Work with CFPUA on a targeted Guidelines are not part of this strategy. long range plan for water and sewer infrastructure. __ ...._......__..__ _....._.._..... w B. Work with MPO on a targeted IV0.1 Coordinate with NC DOT, WMPO, and long range plan for property owners to complete a collector street transportation infrastructure. network plan for unincorporated areas. /V.B.2 Encourage drivewaystandards to promote better traffic flaw in the county. IV 0.3 Continue to require street connectivity and discourage cul-de-sacs andgated communities that impede connectivity and emergency response. 11/.8,4A �Zqptarxi��"s'�°�°u'd"��"Y' 01ut.ViIea��4p�. o�.i`.11'tt of,.. do„�f re71�� _ _........... ....., _.. _ ....... ;If fa(1411�,L)"I C. Consider revising zoning NC 1 Encourage new development to consider ordinances to support mixed allocation of space for new community services uses and holistic approach to such as fire stations, schools, libraries, and development. museums. IV C.2 Encourage public investments to consider _._._._. .- _.... locatin r near existin ' communities. _ ..___ _gym__.;m..: D. Consider strategies to Guidelines are not part of this strategy, encourage increased private sector investment in the provisionof infrastructure. _......._._..__.......w.__ ..._..__._.___...___...___._.__..__.______.. _._..............._....._.w..._...._....._._..w..........._._._......__....._....... Comprehensive Plan Amendment - Bicycle and Pedestrian Priorities Plan — Public Hearing Draft Chapter 5: Building the Future — Implementation Guidelines — Goal Vill a . NOW MERNMIM MM a Desired Outcome:A community witha mixture of land uses that allows for individuals pe orm .7 - 1 7/s to' rf daily tasks without the use of an automobile. A community where individuals can safe Y walkl, bike, and access transit. Implementation Strategies _LTp!ementation Guidelines E. Encourage provision of transit VIII.E. I Encourage pedestrian, bicycle, andpublic supportive land uses and infrastructure transportation circulation networks and the where appropriate. inclusion of infrastructure considerations (such as cross wa&5, bike lanes, shelters, pedestrian islands, and others that promotesafe havens for alternative transportation). VIII.E.2 Concentrate development in nodes and hIgh growth areas depicted on the Future Land Use Map to uldmate6, produce densities that can support multi modal transportation and Transit Oriented Development. VIII.E.3 Provide alternatives to automobile transportation by encouraging new development, redevelopment, and transportation Improvements to include provisions for a network of bicycle and pedestrian facilities, including pedestrian causeways, bridges, and crossings on collector streets and major arterials. /"hr c'��ft'p6v 111,,,,:""��',.','�,i,,,�,,�,��,,�,'�"("",�'!Iil', 1"o VIRCY' 61 e"V (A'. ) . " " �' ,,, , an, to 'u P . . . . .. . . . . R'c�,',Yo'A�:W the 11"U 01')?7U)X Comprehensive Plan Amendment - Bicycle and Pedestrian Priorities Plan — Public Hearing Draft Appendix: Comprehensive Plan Amendment - Bicycle and Pedestrian Priorities Plan — Public Hearing Draft Appendix: Comprehensive Plan Amendment - Bicycle and Pedestrian Priorities Plan — Public Hearing Draft