March 4, 2013 - Cabarrus County

March 4, 2013 - Cabarrus County March 4, 2013 - Cabarrus County

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Does your bid comply? Yes __X__ No_____ Manuals and Instructions All OEM supplied chassis, engine, and accessory manuals shall be furnished. In addition, ambulance operations manuals and complete as built electrical schematics and information shall be provided. Part or all of these items may be provided on CD ROM/DVDs. Does your bid comply? Yes __X__ No_____ 62 Attachment number 1 4-4 Page 96

CABARRUS COUNTY BOARD OF COMMISSIONERS WORK SESSION MARCH 4, 2013 4:00 P.M. AGENDA CATEGORY: Discussion Items for Action at March 18, 2013 Meeting SUBJECT: Finance - Refunding General Obligation Bonds in an Aggregate Principal Amount up to $95,580,000 & Public Hearing - 6:30 P.M. BRIEF SUMMARY: The County's underwriters have advised, given appropriate market conditions, to refund general obligation bonds Series 2005 and 2006 in order to realize long-term debt payment savings. Should the market conditions not provide the required savings levels established by the Local Government Commission, the County will not refinance the debt. This public hearing was scheduled at the February 18, 2013 Board of Commissioners' meeting for the March 18, 2013 regular meeting. REQUESTED ACTION: Hold a Public Hearing regarding refinancing of prior General Obligation Bonds up to $95,580,000 and Approve the Resolution Providing for the Issuance of $62,390,000 General Obligation Bonds, Series 2013 subject to Adjustments as Provided Herein. EXPECTED LENGTH OF PRESENTATION: 1 Minute SUBMITTED BY: Ann Wilson, Finance Director BUDGET AMENDMENT REQUIRED: No 4-5 Page 97

CABARRUS COUNTY<br />

BOARD OF COMMISSIONERS<br />

WORK SESSION<br />

MARCH 4, <strong>2013</strong><br />

4:00 P.M.<br />

AGENDA CATEGORY:<br />

Discussion Items for Action at <strong>March</strong> 18, <strong>2013</strong> Meeting<br />

SUBJECT:<br />

Finance - Refunding General Obligation Bonds in an Aggregate Principal<br />

Amount up to $95,580,000 & Public Hearing - 6:30 P.M.<br />

BRIEF SUMMARY:<br />

The <strong>County</strong>'s underwriters have advised, given appropriate market<br />

conditions, to refund general obligation bonds Series 2005 and 2006 in<br />

order to realize long-term debt payment savings. Should the market<br />

conditions not provide the required savings levels established by the Local<br />

Government Commission, the <strong>County</strong> will not refinance the debt.<br />

This public hearing was scheduled at the February 18, <strong>2013</strong> Board of<br />

Commissioners' meeting for the <strong>March</strong> 18, <strong>2013</strong> regular meeting.<br />

REQUESTED ACTION:<br />

Hold a Public Hearing regarding refinancing of prior General Obligation<br />

Bonds up to $95,580,000 and Approve the Resolution Providing for the<br />

Issuance of $62,390,000 General Obligation Bonds, Series <strong>2013</strong> subject<br />

to Adjustments as Provided Herein.<br />

EXPECTED LENGTH OF PRESENTATION:<br />

1 Minute<br />

SUBMITTED BY:<br />

Ann Wilson, Finance Director<br />

BUDGET AMENDMENT REQUIRED:<br />

No<br />

4-5<br />

Page 97

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