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Bond Resolutions for 2025A 2/3rds General Obligation Bonds and 2025B General Obligation Bonds
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INFORMATION CONTACT:
Beverly Liles, Finance, Director, 704-283-3675
ACTION REQUESTED:
1) Adopt Resolution of the Board of Commissioners of the County of Union, North Carolina Providing for the Issuance of Not to Exceed $13,000,000 County of Union, North Carolina General Obligation Public Facility Bonds; and 2) adopt Resolution of the Board of Commissioners of the County of Union, North Carolina Providing for the Issuance of Not to Exceed $72,150,000 County of Union, North Carolina General Obligation Public Improvement Bonds.
PRIOR BOARD ACTIONS:
2025A - 2/3rds General Obligation Bonds
1) July 15, 2024, Regular Meeting, Agenda Item # 24-417 - Adopted Amended Capital Project Ordinance 349B to approve 2/3rds general obligation bonds as a funding source for the Judicial and Government Center renovation project.
2) July 17, 2024, Regular Meeting, Agenda Item # 23-400 - Adopted Capital Project Ordinance 349 to approve the Judicial and Government Center renovation project for funding design.
3) May 5, 2025, Regular Meeting, Agenda Item #25-227 - Introduced Bond Order, Adopted Resolution Making Certain Statements of Facts and approved for the Clerk to call for Public Hearing on the proposed bonds for May 19, 2025.
4) May 19, 2025, Regular Meeting, Agenda Item #25-284 - Adopted Bond Order in the amount of $13,000,000 to provide funding for the acquisition, renovation and expansion of public facilities, including, but not limited to, the County Judicial Center and Government Center
5) May 19, 2025, Regular Meeting, Public Hearing, Agenda Item 25-283, Held Public Hearing for 2/3rds General Obligation Bond Issuance.
2025B - Voter Approved General Obligation Bonds (last previous actions)
1) December 5, 2022, Regular Meeting, Agenda Item 22-821, Adopted Resolution Certifying and Declaring the Results of the Special Bond Referendum on the Bond Orders Authorizin...
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