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File #: 17-3765    Version: 1 Name: Mint Hill Volunteer Fire Department Expansion & Renovation
Type: Consent Status: Consent
File created: 1/18/2017 In control: LUESA
On agenda: 2/7/2017 Final action:
Title: : Mint Hill Volunteer Fire Department Expansion & Renovation
Attachments: 1. Mint Hill Fire Dept Info.pdf, 2. Resolution Mint Fire Dept.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title:

Mint Hill Volunteer Fire Department Expansion & Renovation

 

Summary

ACTION:

Adopt a resolution submitted by the Mint Hill Volunteer Fire Department approving the incurrence by the Mint Hill Volunteer Fire Department of up to $1,000,000 indebtedness from BB&T for renovations to the Fairview Road fire station

 

Staff Contact:                     Ted Panagiotopoulos, County Fire Marshall

                                                               Jerry Mullis, Chairman, Mint Hill Volunteer Fire Department

 

 

Presentation:                     No                                          

 

 

BACKGROUND/JUSTIFICATION:

The Mint Hill Volunteer Fire Department has asked that the Board of Commissioners consider taking this action so that the loan will qualify for a tax-exempt interest rate under the Internal Revenue Code. This action does not obligate the County in any way. This matter was on a previous agenda; however, the request had to be resubmitted to be in compliance with an advertising requirement.

 

PROCUREMENT BACKGROUND:

N/A

 

POLICY IMPACT:

N/A

 

FISCAL IMPACT:

N/A