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Special Meeting Notice

NOTICE IS HEREBY GIVEN that a Special Meeting of the Rutherford County Board of Commissioners will be held on March 21, 2017 at 6:00 P.M. at the Rutherford County Office Building, 289 North Main Street, Rutherfordton, NC. 

Agenda

  • Resolution to Request That the North Carolina Legislature Allow Rutherford County to Include a Description on The Ballot for A Local Sales Tax Referendum to State That the Tax Levy Will Be for Public Education in Rutherford County.

 

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NOTICE OF PUBLIC HEARING

At its March 6, 2017 meeting, the Board of Commissioners (the “Board”) of the County of Rutherford, North Carolina (the “County”) adopted a resolution authorizing the County to:

1.         enter into negotiations for the financing of all or a portion of the costs to (a) construct, equip and furnish an Applied Science and Technology Building at Isothermal Community College (“ICC”), (b) replace roofs on the Business Science Building and the Communications Building at ICC, (c) renovate and improve the Rutherford County Detention Center and (d) acquire land for future County development and expansion (collectively, the “Project”) pursuant to an installment financing contract with a financial institution to be determined (the “Contract”) in a principal amount not to exceed $7,500,000, under which the County will make installment payments; and

2.         execute and deliver a Deed of Trust, Security Agreement and Fixture Filing (the “Deed of Trust”), granting to the entity, or its assigns, providing the funds to the County under the Contract 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 (collectively, the “Sites”) and any improvements thereon (collectively, together with the Sites, the “Mortgaged Property”), in order to secure its obligations under the Contract.

Each of the Sites are located on ICC Loop Road on the campus of ICC located in Spindale, North Carolina.  The Mortgaged Property will be mortgaged under the Deed of Trust.  On the County’s payment of all installment payments due under the Contract, the Contract and any lien created by the Deed of Trust will terminate, and the County’s title to the Mortgaged Property will be unencumbered.

NOTICE IS HEREBY GIVEN, pursuant to Sections 160A-20 of the General Statutes of North Carolina, that on April 3, 2017 at 6:00 p.m. in the Commissioners Room, Rutherford County Office Building, 289 North Main Street, Rutherfordton, North Carolina, a public hearing will be conducted concerning the Contract, the proposed Project and any other transactions contemplated therein and associated therewith.  All interested parties are invited to present comments at the public hearing regarding the execution and delivery of the Contract and the Project to be financed thereby.

 /s/  Hazel Haynes                             

Clerk to the Board

County of Rutherford, North Carolina

Published: March 14, 2017

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Rutherford County Board of Commissioners

Special Meetings Notice

NOTICE IS HEREBY GIVEN that a special meeting of the Rutherford County Board of Commissioners will be held on April 11, 2017 at 11:00 AM at the Rutherford County Board of Education Administrative Offices, 382 West Main Street, Forest City, NC 28043.                  

Agenda

  • Budget for Board of Education

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NOTICE IS HEREBY GIVEN that special meetings of the Rutherford County Board of Commissioners will be held on April 11, 2017 at 2:00 PM at Isothermal Community College, 286 Loop Road, Spindale, NC.

Agenda

  • Budget for Isothermal Community College