Guilford County
File #: 2019-204    Version: 1 Name:
Type: Public Hearing Status: Passed
File created: 3/19/2019 In control: Board of Commissioners
On agenda: 4/4/2019 Final action: 4/4/2019
Title: PUBLIC HEARING FOR TWO-THIRDS BONDS FOR SCHOOLS - (10M GENERAL OBLIGATION BONDS - SCHOOL FACILITIES SECURITY)
Attachments: 1. Notice of Adpotion of Bond Order re School Bonds - Guilford 2019 GO Bonds (3), 2. Resolution Public Hearing_Adoption - Guilford 2019 2_3 GO Bonds
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TITLE

Title

PUBLIC HEARING FOR TWO-THIRDS BONDS FOR SCHOOLS - (10M  GENERAL OBLIGATION BONDS - SCHOOL FACILITIES SECURITY)

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SPONSOR

Sponsor

Harley Will

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BACKGROUND

Background

At the 2-25-19 Board of County Commissioners Annual Budget Retreat, the Board approved projects and a plan to issue $10,000,000 "two-thirds" general obligation bonds to fund these School Facilities Security projects.

 

At the 3-21-2019 Board of County Commissioners meeting, the Board approved resolutions (1) made certain required findings; (2) introduced a bond order authorizing $10,000,000 “two-thirds” general obligation bonds for schools, including without limitation schools security ; (3) call a public hearing on the bond order to be held at this meeting on April 4, 2019.

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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 $10,000,000 for school security purposes;

3)  Adopt bond order authorizing issuance of Series 2019A general obligation public building bonds for a total of $10,000,000.

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