Town of Holly Springs

Board of Commissioners Special Meeting

Monday, April 5, 2004

MINUTES

The Holly Springs Town Board of Commissioners met in regular session on Monday, April 5, 2004 in the Council Chambers of Holly Springs Town Hall, 128 S. Main Street. Mayor Dick Sears presided, calling the meeting to order at 9 a.m. A quorum was established as the mayor and three board members were present as the meeting opened.

Board Members Present: Commissioners Mike Taylor, Parrish Womble and Peter Atwell and Mayor Sears.

Board Members Absent: Commissioners Chet VanFossen and Hank Dickson.

Staff Members Present: Carl Dean, town manager; Charles Simmons, assistant town manger; Linda Harper, deputy town clerk (recording the minutes); and Drew Holland, finance director;

2. Public Hearing: Transportation Improvement Projects Financing, Resolution 04-13 ‑ Mr. Holland explained to the Board that a special meeting had been called in order to repeat a public hearing process originally followed by the town board on March 2 to meet Local Government Commission (LGC) financing application requirements. Mr. Holland said that the public notice for the March 2 public hearing, however, did not get published in a newspaper of general circulation as required by law.

The April 5 special meeting to hold a public hearing again on the question of installment financing was advertised in the News and Observer at least 10 days before the public hearing date, he added.

Mr. Holland said that following the public hearing, the Board is asked to adopt Resolution 04‑13, which states that the Town Board has determined certain findings of fact, including that installment financing is more desirable than other types of financing. He said the resolution also authorizes the filing of the LGC application.

With that explanation completed, Mayor Sears opened the public hearing to accept input. The following comments were recorded: None.

There being no comments, the public hearing was closed.

Action: Having made the necessary findings of fact, the Board approved a motion to adopt Resolution 04-13 authorizing the filing of an application to the North Carolina Local Government Commission for approval of financing agreements to fund the Town’s transportation improvement projects.

Motion By: Womble

Second By: Atwell

Vote: Unanimous

A copy of Resolution 04-13 is incorporated into these minutes as addendum pages.

3. Adjournment: There being no further business for the morning, the April 5, 2004, special meeting of the Holly Springs Board of Commissioners was adjourned following a motion by Commissioner Womble, a second by Commissioner Atwell and a unanimous vote.

Respectfully Submitted on Tuesday, April 20, 2004.

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Linda Harper, CMC

Town Clerk