NOTICE OF PUBLIC HEARING
The Board of Commissioners for the County of Camden, North Carolina (the “County”) has determined to consider whether to enter into an installment financing agreement (the “Agreement”) pursuant to Section 160A-20 of the General Statutes of North Carolina obligating the County to make installment payments thereunder in a principal amount not to exceed $3,600,000, plus interest thereon. The Agreement is for the purpose of providing funds, together with any other available funds, to pay the costs of acquiring, constructing and equipping a new public library and administrative complex for the County (the “Project”). To secure its obligations under the Agreement, the County will grant a lien on all or a portion of the site of the Project, together with any improvements or fixtures located or to be located thereon.
Section 160A-20(g) of the General Statutes of North Carolina requires that the County hold a public hearing prior to entering into the Agreement. If the Board of Commissioners for the County so determines, an application will be submitted to the Local Government Commission of North Carolina for approval of the Agreement.
Please take notice that the Board of Commissioners for the County will conduct a public hearing in the Upstairs Historic Courtroom located at 117 North 343 in Camden, North Carolina at 7:00 p.m. on August 3, 2020 at which time any person may be heard regarding the proposed Agreement described above.
Any person wishing to comment in writing regarding the proposed Agreement should do so prior to August 3, 2020 to the County of Camden, North Carolina, Post Office Box 190, Camden, North Carolina 27921, Attention: Karen M. Davis.
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NOTICE OF PUBLIC HEARING
ORDER AUTHORIZING $33,000,000 SCHOOL BONDS
BE IT ORDERED by the Board of Commissioners for the County of Camden, North Carolina:
- That, pursuant to The Local Government Bond Act, as amended, the County of Camden, North Carolina is hereby authorized to contract a debt, in addition to any and all other debt which said County may now or hereafter have power or authority to contract, and in evidence thereof to issue School Bonds in an aggregate principal amount not exceeding $33,000,000 for the purpose of providing funds, together with any other available funds, for acquiring, constructing, expanding and renovating school buildings and other school facilities in said County, and the acquisition of related land, rights of way and equipment.
- That taxes shall be levied in an amount sufficient to pay the principal of and the interest on said bonds.
- That a sworn statement of the debt of said County has been filed with the Clerk to said Board of Commissioners and is open to public inspection.
- That this order shall take effect when approved by the voters of said County at a referendum as provided in said Act.
The foregoing order has been introduced and a sworn statement of debt has been filed under the Local Government Bond Act showing the appraised value of the County of Camden, North Carolina to be $1,210,019,407 and the net debt thereof, including the proposed bonds, to be $33,000,000. The Finance Officer of the County has filed a statement estimating that the total amount of interest that will be paid on the proposed bonds over the expected term of the bonds, if issued, is $18,334,067. The estimate is preliminary, is for general informational purposes only, and may differ from the actual interest paid on such bonds. Such statement of estimated interest includes certain assumptions upon which such estimate is based, and there is no assurance that the circumstances included in such assumptions will occur. The validity of the proposed bonds is not subject to challenge on the grounds that the actual interest cost on the bonds when issued is different than the estimated interest amount set forth above.
A tax will be levied to pay the principal of and interest on the bonds if they are issued. Anyone who wishes to be heard on the questions of the validity of the bond order and the advisability of issuing the bonds may appear at a public hearing or an adjournment thereof to be held at 7:00 p.m. on August 3, 2020, in the Upstairs Historic Courtroom located at 117 North 343 in Camden, North Carolina.
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NOTICE OF PUBLIC HEARING
Pursuant to Article 151.551 of the Camden County Code, please be advised the Camden County Board of Commissioners will hold a public hearing on Monday, August 3, 2020 at 7:00 PM or soon thereafter as the agenda will allow in the upstairs courtroom of the Historic Camden County Courthouse on a Zoning Map Amendment Application (UDO 2020-05-32) from Tonter Investments Inc. for Rezoning of the 3-acre parcel directly across from 267 Country Club Road in the Courthouse Township.
The meeting will be live streamed to the county website and a copy of the plans and supporting documentation is available at the Camden County Planning Office or from hRtp://www.camdencountync.gov/phocadownload/departments/planning/planning_board_minutes/2020/pbpacket_06172020.pdf#page=21.
The public is invited to attend and make comments to the board. The most effective way of making public comments on this project is to email, fax, or call the Planning Department by Tuesday July 31, 5:00 pm. Comments must include the sender’s first/last name and address and will be read aloud at the meeting. Changes to the application may be made after the public hearing.