Guilford County
File #: 2017-054    Version: 1 Name:
Type: New Business Status: Passed
File created: In control: Board of Commissioners
On agenda: 1/19/2017 Final action:
Title: PUBLIC HEARING FOR TWO-THIRDS BONDS
Attachments: 1. 9421457_v1_Guilford 2017 2_3 Reso Public Hearing_Adoption

TITLE

Title

PUBLIC HEARING FOR TWO-THIRDS BONDS

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SPONSOR

Sponsor

Reid Baker

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BACKGROUND

Background

At the 1-19-2017 Work Session of the Board of County Commissioners, the Board approved projects and a plan to issue $27,195,000 "two-thirds" general obligation bonds to fund these County projects.

 

At the 2-9-2017 Board of County Commissioners meeting, the Board approved resolutions (1) made certain required findings; (2) introduced a bond order authorizing $27,195,000 “two-thirds” general obligation bonds for public buildings, including without limitation an emergency medical service facility, an animal shelter facility, a law enforcement administration facility and courthouse renovations; (3) call a public hearing on the bond order to be held at this meeting on February 23, 2017.

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REQUESTED ACTION

Requested Action

1)  Hear report from the Clerk regarding bond order authorizing issuance of two-thirds bonds;

2)  Hold public hearing regarding adoption of bond order authorizing two-thirds bonds not to exceed $27,195,000 for public building purposes;

3)  Adopt bond order authorizing issuance of Series 2017A general obligation public building bonds for a total of $27,195,000.

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