Meeting Date: April 3, 2017
Title
Public Hearing on Rutherford County Financing
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Summary:
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At the March 6, 2017 meet, the Board of Commissioners adopted a resolution authorizing the County to enter into negotiations for the financing of certain projects and execute and deliver a Deed of Trust granting to the entity providing the funds to the County a lien and security interest in all or a portion of the real property on which the Business Science Building and the Communications’ Building at ICC are or will be located. A public hearing is required.
On the following page is a resolution for the Board’s consideration entitled, “Resolution of the Board of Commissioners of the County of Rutherford, North Carolina, Approving an Installment Financing Contract and a Deed of Trust With Respect Thereto and Delivery Thereof and Providing for Certain Other Related Matters.”
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Budget:
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Contact Information:
Paula Roach, Finance Director
287-6348
paula.roach@rutherfordcountync.gov
Recommended Motion:
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Approve resolution and authorize the County Manager, Finance Officer, Clerk to the Board, and other County officials to sign and execute all documents in support of this action.