Holly Springs Town Council Minutes
Special Meeting
Dec. 30, 2005
The Holly Springs Town Council met in special called session on Friday,
December 30, 2005, in the Council Chambers of Holly Springs Town Hall, 128 S. Main Street.
Mayor Dick Sears presided, calling the meeting to order at 12 p.m.
A quorum was established as the mayor and four council members were
present as the meeting opened.
Council Members Present: Councilmen Vinnie
DeBenedetto, Parrish Womble, Chet VanFossen
and Peter Atwell and Mayor Sears.
Council Members Absent: Councilman Hank Dickson.
Staff Members Present: Carl Dean, town manager; John Schifano, town attorney; Joni Powell, town clerk (recording the minutes);
and Larry
Boykin,
assistant finance director.
Public Hearing: Cultural Center and Ballentine Street Financing –
Ms. Powell explained that, in order to borrow funds to reimburse Wake County for construction of the new
cultural center and road improvements to Ballentine Street, the Town must first obtain
approval from the Local Government Commission.
She said the first step in the application process is to hold a public
hearing to receive comments from citizens on the question of whether or not the
town should seek installment financing, as opposed to other financing.
Ms. Powell added that the Town Council had held the required public
hearing on Nov. 15, 2005, and adopted the prerequisite Resolution 05-48 making
findings of fact that installment financing is the most desirable financing
option for the project and authorizing the Town to make application to the LGC;
however, notice of the Nov. 15 public hearing appeared in the newspaper only 9
days before the hearing and not 10 days as required by law. She also noted that on Dec.
6, 2005,
the Council adopted Resolution 05-50 approving financing terms with RBC Centura for the financing of the project.
Ms. Powell said the Dec.
30, 2005, special meeting public hearing was
properly advertised and asked the Council’s indulgence in repeating its
actions of Nov. 15 and Dec. 6. She asked
the Council to ratify its previously-adopted resolutions authorizing the filing
of an application for approval of a financing agreement and approving financing
terms with RBC Centura for the cultural center project.
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:
The Council approved a motion to adopt
Resolution 05-48.1 authorizing the filing of an application to the Local
Government Commission for approval of installment financing to fund the
construction of a new cultural center and Ballentine Street improvements, and
to adopt Resolution 05-50.1 approving financing terms for the project with RBC Centura.
Motion By:
Atwell
Second
By: VanFossen
Vote: Unanimous
Copies of Resolution 05-48.1
and 05-50.1 are incorporated into these minutes as addendum pages.
13.
Adjournment: There being no further business, the
Dec. 30 2005, special meeting of the Holly Springs Town Council was
adjourned following a motion by Councilman Atwell, a second by Councilman Womble and a
unanimous vote.
Respectfully Submitted on Tuesday,
Jan. 17, 2005.
___________________________________
Joni Powell, CMC, Town Clerk
Addendum pages as referenced in these
minutes follow and are a part of the official record
CERTIFICATION
I, Joni Powell, Town Clerk of the Town of Holly Springs, North Carolina, do hereby certify that this a true
and accurate copy of the draft minutes of a special meeting of the Holly Springs Town Council held at noon Friday, Dec. 30,
2005. These minutes are subject to formal approval
of the Town Council on Jan. 17, 2006
____________________________________________
Joni Powell, CMC, Town Clerk date