October 13, 1997 - 6:30 PM - County Board of Commissioners Meeting Minutes (Recessed)

October 13, 1997Recessed Regular SessionThe Johnston County Board of Commissioners met in recessed regular session Monday, October 13,1997, at 630 pm in the Commissioners Room, Johnston County Courthouse Annex, Smithfield, NorthCarolina, with the following membersPresent Norman C Denning, Chairman, James W Cash, Vice Chairman, Jerry F Wood,DDS, Eleanor N Creech, Thomas M Moore, James H Langdon, Jr, and Cookie PopeAbsent NoneAlso Present Richard B Self, County Manager, Joyce H Ennis, Clerk to the BoardThe Chairman called the meeting to order and the following business was transactedIa Resolution Authorizing Issuance of 30,500,000 General Obligation School BondsCounty Manager, Richard Self, informed the Board he and Finance Officer, John Massey, met withthe Local Government Commissioner concerning the sale ofthe remaining 30,500,000 school bonds TheLGC recommended a 20 year issue with a weighted average maturity of 10875 years He also noted theLGC informed he and Mr Massey that until the County has paid off some of its debt, Johnston Countyshould not consider further bond indebtedness that would depend on ad valorem tax pay backFollowing discussion, the following resolution was discussed and its title was readRESOLUTION AUTHORIZING THE ISSUANCE AND SALE OF 30,500,000GENERAL OBLIGATION SCHOOL BONDS OF JOHNSTON COUNTY, SERIES 1997PURSUANT TO A BOND ORDER HERETOFORE APPROVED AND PROVIDINGFOR THE FORM, DETAILS AND PAYMENT THEREOFWHEREAS, the Bond Order hereinafter described was authorized and adopted by the Board ofCommissioners of Johnston County the Board on September 15, 1995; andWHEREAS, the Board desires to provide for the issuance of 30,500,000 in general obligationschool bonds to finance the costs of school facilities;WHEREAS, by resolution dated September 15, 1995, the Board approved in principle the issuanceof general obligation bonds to finance school facilities in an amount of up to 50,000,000 with a maturityof not to exceed fifteen years; andWHEREAS, in 1996, the County issued its 19,500,000 General Obligation School Bonds, Series1996 the 1996 Bonds, with a weighted average maturity of 805 years; andWHEREAS, the Board proposes that the proposed issuance of its 30,500,000 general obligationschool bonds have serial maturities and a final maturity of May 1, 2017, so that the weighted averagematurity of the 1997 bonds will be 10875 years; andWHEREAS, the combined weighted average maturity of the 1996 Bonds and the 1997 bonds, asproposed, will be 977 years;NOW, THEREFORE, the Board of Commissioners of Johnston County, meeting in regular sessionat Smithfield, North Carolina, on October 13, 1997, do the followingBE IT RESOLVED BY THE BOARD OF COMMISSIONERS FOR JOHNSTON COUNTYi The County shall issue its general obligation school bonds in an aggregate principalamount of 30,500,000 the Bonds, pursuant to and in accordance with the BondOrder entitledBOND ORDER AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATIONSCHOOL BONDS OF JOHNSTON COUNTY IN THE MAXIMUM AGGREGATEPRINCIPAL AMOUNT OF 50,000,000 FOR THE PURPOSE OF FINANCING,IN PART, THE ACQUISITION, CONSTRUCTION AND EQUIPPING OFSCHOOL FACILITIES IN JOHNSTON COUNTYii The Bonds shall be designated 30,500,000 General Obligation School Bonds, Series1997 and shall be dated November 1, 1997 The Bonds shall mature in annualinstallments on May 1 in the years and amounts as followsYearAmount19981,650,00019993,175,00064520003,125,00020013,125,00020023,125,00020033,125,00020043,125,00020053,125,00020063,125,00020073,125,00020083,125,00020093,125,00020103,125,00020112,025,00020121,525,00020131,525,00020141,525,00020151,525,00020161,525,00020171,525,00020181,525,000Each Bond shall bear interest at such rate as shall be determined by the County Manager and the LGC,as hereafter defined, at the time of sale, provided no interest rate or any Bond shall exceed eight percent8 , payable on May 1, 1998, and semiannually thereafter on each May 1 and November 1Initially, one bond certificate for each maturity of each series of the Bonds will be issued to TheDepository Trust Company, New York, New York DTC, and immobilized in its custody So long asDTC is securities depository for the Bonds, a book -entry system will be employed, evidencing ownershipof the Bonds in principal amounts of 5,000 or multiples thereof, with transfers of ownership effected onthe records of DTC and its participants pursuant to rules and procedures established by DTC and itsparticipants Interest on the Bonds will be payable in clearing house funds to DTC or its nominee asregistered owner of the Bonds Transfer of principal and interest payments to participants of DTC willbe the responsibility of DTC; transfer of principal and interest payments to beneficial owners byparticipants of DTC will be the responsibility of such participants and other nominees of beneficialowners The County will not be responsible or liable for maintaining, supervising or reviewing the recordsmaintained by DTC, its participants or persons acting through such participantsIn the event that a DTC determines not to continue to act as securities depository for the Bondsor b the County Manager determines that continuation ofthe book -entry system of evidence and transferof ownership of the Bonds would adversely affect the interests of the beneficial owners of the Bonds, theCounty will discontinue the book -entry system with DTC If the County fails to identify another qualifiedsecurities depository to replace DTC, the County will authenticate and deliver replacement Bonds in theform of fully registered certificates, and registration oftransfer ofthe Bonds will be permitted as describedin paragraph 7iii The Bonds maturing prior to May 1, 2008, will not be subject to redemption prior tomaturity The Bonds maturing on or after May 1, 2008, will be subject to redemptionprior to maturity, at the option of the County, from any moneys that may be madeavailable for such purpose, either in whole on any date not earlier than May 1, 2007 orin part in multiples of 5,000 of principal amount in inverse order of their maturitieson any interest payment date not earlier than May 1, 2007, at the principal amount of theBonds to be redeemed together with interest accrued thereon to the date fixed forredemption, plus a redemption premium of of 1 ofthe principal amount of each Bondto be redeemed for each calendar year or part thereof between the redemption date andthe maturity date of such Bond to be redeemed, such premium not to exceed 2 of suchprincipal amount If less than all of the Bonds of any one maturity of a series shall becalled for redemption, the particular Bonds or portions of Bonds to be redeemed shall beselected by lot by the County in such manner as the County may determine, provided, thatDTC and its participants shall determine which Bonds are to be redeemed by lot so longas a book -entry system with DTC is continuedNotice of redemption shall be given by facsimile transmission, registered or certified mail orovernight express delivery to DTC or its nominee as the registered owner of the Bonds Such notice shallbe sent or mailed not more than 60 nor less than 30 days prior to the date fixed for redemption TheCounty will not be responsible for sending or mailing notices of redemption to anyone other than DTC1 ? 1or its nominee unless no qualified securities depository is the registered owner of the Bonds If noqualified securities depository is the registered owner of the Bonds, notice of redemption will be sent ormailed to the registered owners not less than 30 days prior to the date fixed for redemptioniv The Bonds shall be signed by the manual or facsimile signature of the Chairman of theBoard of Commissioners ofthe County, shall be countersigned by the manual or facsimilesignature of the Clerk to the Board and a manual or facsimile of the Countys seal shallbe printed or affixed thereon No Bond shall be valid until it has been endorsed by theannual or facsimile signature ofthe authorized representative ofthe North Carolina LocalGovernment Commission the LGCV The Bonds shall be in substantially the following form, the terms and requirements ofwhich are incorporated herein by referenceREGISTERED REGISTEREDNo R- UNITED STATES OF AMERICASTATE OF NORTH CAROLINACOUNTY OF JOHNSTONGeneral ObligationSchool Bond, Series 1997INTEREST RATE MATURITY DATE DATE OF ORIGINAL ISSUE CUSIP NO May 1, 2017 November 1, 1997REGISTERED OWNERPRINCIPAL AMOUNT DOLLARS Johnston County, North Carolina the County, for value received, hereby promises to pay, uponsurrender hereofto the County, to the registered owner hereof, or registered assigns or legal representative,the principal sum stated above on the maturity date stated above and to pay interest hereon semiannuallyon each May 1 and November 1 at the annual rate stated above Interest is payable from November 1,1997, beginning May 1, 1998 Interest is payable by check mailed to the person shown as owner hereofat his address as it appears on the registration books kept by the County on the fifteenth day of the monthpreceding each interest payment date Principal and interest are payable in lawful money of the UnitedStates of AmericaThis bond is one of an issue of 30,500,000 Johnston County General Obligation School Bonds,Series 1997 of like date and tenor, except as to number, denomination, rate of interest and maturity, andis issued pursuant to the Constitution, the statutes of the State of North Carolina, including The LocalGovernment Bond Act and regulations of the North Carolina Local Government Commission LGC,resolutions of the Board of Commissioners of Johnston County and the Bond Order entitledBOND ORDER AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATIONSCHOOL BONDS OF JOHNSTON COUNTY IN THE MAXIMUM AGGREGATEPRINCIPAL AMOUNT OF 50,000,000 FOR THE PURPOSE OF FINANCING, INPART, THE ACQUISITION, CONSTRUCTION AND EQUIPPING OF SCHOOLFACILITIES IN JOHNSTON COUNTYwhich was adopted by the County on September 15, 1995The Bonds maturing prior to May 1, 2008, will not be subject to redemption prior to maturity TheBonds maturing on or after May 1, 2008, will be subject to redemption prior to maturity, at the optionof the County, from any moneys that may be made available for such purpose either in whole on any datenot earlier than May 1, 2007, or in part in multiples of 5,000 in inverse order of their maturities on anyinterest payment date not earlier than May 1, 2007, at the principal amount of the Bonds to be redeemed,together with interest accrued thereon to the date fixed for redemption, plus a redemption premium ofof 1 of the principal amount of each bond to be redeemed for each calendar year or part thereof betweenthe redemption date and the maturity date of such bond to be redeemed, such premium not to exceed 2of such principal amount If less than all of the Bonds of any one maturity shall be called for redemption,the particular Bonds or portions of Bonds to be redeemed shall be selected by lot in such manner as theCounty may determine; provided, however, that so long as the book -entry system is used for determiningbeneficial ownership ofbonds, The Depository Trust Company DTC and its participants shall determinewhich of the Bonds are to be redeemed by lotNotice of redemption shall be given by facsimile transmission, registered or certified mail orovernight express delivery to DTC or its nominee as the registered owner of the Bonds Such notice shallbe sent or mailed not more than 60 nor less than 30 days prior to the date fixed for redemption TheCounty will not be responsible for sending or mailing notices of redemption to anyone other than DTC647or its nominee unless no qualified securities depository is the registered owner of the Bonds If noqualified securities depository is the registered owner of the Bonds, notice of redemption will be sent ormailed to the registered owners not less than 30 days prior to the date fixed for redemptionIf no qualified securities depository is the registered owner of the Bonds, registration of transfer ofthe Bonds and exchange of certificates thereof may be effected at the office of the CountyThe full faith and credit and taxing power of the County are hereby irrevocably pledged for thepayment of principal of and interest on this bondAll acts, conditions and things required by the Constitution and statutes of the State of NorthCarolina to happen, exist or be performed precedent to and in the issuance of this bond have happened,exist and have been performed, and the issue of bonds of which this bond is one, together with all otherindebtedness ofthe County, is within every debt and other limit prescribed by the Constitution and statutesof the State of North Carolina This bond shall be governed by the laws of the State of North CarolinaThis bond shall not be valid until the County shall have executed the Certificate of Authenticationappearing hereonIN WITNESS WHEREOF, Johnston County, North Carolina, has caused this bond to be signedby the manual or facsimile signature of the Chairman of its Board to be countersigned by the manual orfacsimile signature of the Clerk of Johnston County, a manual or facsimile of its seal to be printed oraffixed hereon, and this bond to be dated November 1, 1997SEALChairman, Board of Commissioners Clerk, Board of CommissionersDate AuthenticatedCERTIFICATE OF AUTHENTICATIONThis bond is one of the bonds described in the within - mentioned Bond OrderJOHNSTON COUNTY, NORTH CAROLINAByCounty Finance OfficerThe issue hereof has been approved under the provisions of The Local Government Bond Act ofNorth CarolinaByRobert M HighSecretary, Local Government CommissionASSIGNMENTFOR VALUE RECEIVED the undersigned hereby sells, assigns and transfers untoPlease print or type name and address, including postal zip code, of TransfereePLEASE INSERT SOCIAL SECURITY OR OTHERIDENTIFYING NUMBER OF TRANSFEREEthe within bond and all rights thereunder, hereby irrevocably constituting and appointing, Attorney,to transfer said bond on the books kept for the registration thereof, with full power of substitution in thepremisesDatedSignature GuaranteedNOTICE Signatures must beguaranteed by a member firmof the New York StockExchange or a commercial bankor trust companySignature of Registered OwnerNOTICE The signature abovemust correspond with the nameof the registered owner as itappears on the front of thisbond in every particular,without alteration or enlarge-ment or any change whatsoevervi The full faith and credit and taxing power of the County are hereby irrevocably pledged forthe payment of principal of and interest on the Bonds Unless other funds are lawfullyavailable and appropriated for timely payment of the Bonds, the Board shall levy and collecttaxes and raise other revenues for payment of the principal of and interest on the Bonds, asthe same become due and payablevii The County shall maintain registration books for the registration of Bonds If no qualifiedsecurities depository is the registered owner ofthe Bonds, upon surrender of any Bonds at theoffice of the County, together with an assignment duly executed by the registered owner orhis duly authorized attorney or legal representative in such form as shall be satisfactory to theCounty, the County shall execute and shall authenticate and deliver in exchange, a new Bondor Bonds having an equal aggregate principal amount, in authorized denominations, of thesame form and maturity, bearing interest at the same rate, and registered in names asrequested by the then registered owner or his duly authorized attorney or legal representativeAny such exchange shall be at the expense of the County, except that the County may chargethe person requesting such exchange the amount of any tax or other governmental chargerequired to be paid with respect theretoThe County shall treat the registered owner as the person exclusively entitled to payment of principaland interest and the exercise of all other rights and powers of the owner, except that interest paymentsshall be made to the person shown as owner on the registration books on the fifteenth day of the monthpreceding each interest payment dateviii The LGC is hereby requested to sell said 30,500,000 General Obligation School Bonds bypublic sale on October 28, 1997ix The Board covenants on behalf of the County that so long as any of the installments ofprincipal and interest on the Bonds are outstanding and unpaid, the County shall not take oromit to take any action the taking or omission of which will cause the Bonds to be arbitragebonds within the meaning of Section 148 of the Internal Revenue Code of 1986, as amendedthe Code, or otherwise cause interest on the Bonds to be includable in the gross income ofthe holders thereofX The Board hereby covenants that it will not permit the gross proceeds of the Bonds to be usedin any manner that would result in either a 5 or more of such proceeds being consideredas having been used directly or indirectly in any trade or business carried on by any personother than a governmental unit as provided in Section 141b of the Code, b 5 of suchproceeds being used with respect to any output facility other than a facility for thefurnishing of water, within the meaning of Section 141b4 of the Code, or c 5 or moreof such proceeds being considered as having been used directly or indirectly to make orfinance loans to any person other than a governmental unit as provided in Section 141c ofthe Code; provided, however, that ifthe Board receives an opinion of bond counsel acceptableto the registered owners of the Bonds that any such restriction is not required to prevent theinterest on the Bonds from being includable in the gross income of the registered ownersthereof under existing statutes, the Board need not comply with such restrictionxi The County hereby undertakes, for the benefit of the beneficial owners of the Bonds, toprovidea by not later than seven months from the end of each fiscal year of the County, to eachnationally recognized municipal securities information repository NRMSIR and to the stateinformation depository for the State of North Carolina SID, if any, audited financial statements of theCounty for such fiscal year, if available, prepared in accordance with Section 159 -34 of the GeneralStatutes of North Carolina, as it may be amended from time to time, or any successor statute, or, if suchaudited financial statements of the County are not available by seven months from the end of such fiscalyear, unaudited financial statements of the County for such fiscal year to be replaced subsequently byaudited financial statements of the County to be delivered within 15 days after such audited financialstatements become available for distribution;b by not later than seven months from the end of each fiscal year of the County, to eachNRMSIR, and to the SID, if any, I the financial and statistical data as of a date not earlier than theend of the preceding fiscal year for the type of information included under the heading The County -Debt Information and - Tax Information in the Official Statement relating to the Bonds and ii thecombined budget of the County for the current fiscal year, to the extent such items are not included inthe audited financial statements referred to in a above;c in a timely manner, to each NRMSIR or to the Municipal Securities Rulemaking BoardMRSB, and to the SID, if any, notice of any of the following events with respect to the Bonds, ifmaterial1 i 11 principal and interest payment delinquencies;2 non - payment related defaults;3 unscheduled draws on debt service reserves reflecting financial difficulties;4 unscheduled draws on any credit enhancements reflecting financial difficulties;5 substitution of any credit or liquidity providers, or their failure to perform;6 adverse tax opinions or events affecting the tax - exempt status of the Bonds;7 modification to the rights of the beneficial owners of the Bonds;8 call of any of the Bonds for redemption;9 defeasance of any of the Bonds;10 release, substitution or sale of any property securing repayment of the Bonds; or11 rating changesd in a timely manner, to each NRMSIR or to the MSRB, and to the SID, if any, notice of a failure ofthe County to provide required annual financial information described in a or b above on or before thedate specifiedIf the County fails to comply with the undertaking described above, any beneficial owner of the Bondsmay take action to protect and enforce the rights of all beneficial owners with respect to such undertaking,including an action for specific performance; provided, however, that failure to comply with suchundertaking shall not be an event of default and shall not result in any acceleration of payment of theBonds All actions shall be instituted, had and maintained in the manner provided in this paragraph forthe benefit of all beneficial owners of the BondsThe County reserves the right to modify from time to time the information to be provided to the extentnecessary or appropriate in the judgment of the County, provided thata any such modification may only be made in connection with a change in circumstances that arisesfrom a change in legal requirements, change in law or change in the identity, nature or status of theCounty;b the information to be provided, as modified, would have complied with the requirements of Rule15c2 -12 issued under the Securities Exchange Act of 1934 Rule 15c2 -12 as of the date of the OfficialStatement relating to the Bonds, after taking into account any amendments or interpretations of Rule 15c2-12, as well as any changes in circumstances; andc any such modification does not materially impair the interests of the beneficial owners, asdetermined either by parties unaffiliated with the County such as bond counsel, or by the approving voteof the registered owners of a majority in principal amount of the Bonds pursuant to the terms of this bondresolution, as it may be amended from time to time, at the time of the amendmentAny annual financial information containing modified operating data or financial information shallexplain, in narrative form, the reasons for the modification and the impact of the change in the type ofoperating data or financial information being providedThe provisions of this section shall terminate upon payment, or provision having been made forpayment in a manner consistent with Rule 15c2 -12, in full of the principal and interest on all ofthe Bondsxii The Chairman and the Clerk are hereby authorized and directed to take all proper steps tohave the Bonds prepared and, when they shall have been duly sold by the LGC, to execute theBonds and to deliver the Bonds to the State Treasurer of North Carolina for delivery to thepurchasers thereofxiii All other actions of officers of the County in conformity with the purposes and intent of thisresolution and in furtherance ofthe issuance ofthe Bonds are hereby approved and confirmedxiv Such officers of the County as may be requested are hereby authorized and directed toexecute appropriate closing papers including a certificate setting forth the expected use andinvestment of the proceeds of the Bonds in order to show that such expected use andinvestment will not violate the provisions of Section 148 of the Code and regulations issuedpursuant thereto, applicable to arbitrage bonds Such papers and certificates shall be insuch form as may be requested by bond counsel for the Countyxv This resolution, in particular Sections 2, 3, 5 and 7 hereof, constitutes a system of registrationfor the Bonds pursuant to NCGS § 159E -4xvi All resolutions or parts of resolutions in conflict herewith are hereby repealedxvii This resolution shall take effect immediatelyCommissioner Jerry F Wood moved the passage ofthe foregoing resolution and Commissioner CookiePope seconded the motion, and the resolution was passed by the following voteAyes Commissioners Norman C Denning, James W Cash, Jerry F Wood, Eleanor N Creech,Cookie Pope, Thomas M Moore, and James H Langdon, JrNays NoneNot voting None6502a Water District Policy Issues - Interim Tap Fee AdoptedA Acquisition of Facilities by MunicipalitiesHaving heard the discussion at the October 6t meeting about the need for a policy on the acquisitionof water district facilities by municipalities, Smithfield Utilities Director, Bobby Tripp, presented a listof questions concerning a future policyIn response to the questions, County Manager and Engineer Tim Broome made the followingobservations1 The five -year wait is the recommendation of USDA Rural Development, who provides theloan2 The County will maintain ownership of the major transmission lines which will be includedin the original cost3 In the event the County uses cost per customer times the number of customers annexed asthe mechanism for determining price, the customer count would be the original customers atthe time of acquisition times the fixed cost If the actual cost less depreciation with a 25residual value is used, a 50 -year straight line depreciation, but no less than 25 of the actualcost, would be the price The suggested policy is for the County to go with the greater of thetwo options The depreciated cost could be the greater of the two in a case where only a fewwater customers are in an annexed area4 The tap -on fees will not reduce the cost The County uses the 75 early sign -up when thedistrict is figuredBoard members indicated they would like for all the towns to see the proposed policy and have achance to comment before the final adoption The County Engineer agreed to send copies to each townand ask for their remarks as soon as possibleB Uniform Policy for Water Districts Adopted - Interim Tap Fee PeriodUpon a motion by Commissioner Thomas M Moore, seconded by Commissioner James HLangdon, Jr and carried by unanimous vote, the Board adopted the following policy establishing aninterim tap fee period for all current and future water districts, with the exception of Hopewell PisgahWater District, which has already been constructedUNIFORM POLICY FOR WATER DISTRICTSEXCLUDING HOPEWELL PISGAH WATER DISTRICTFollowing the initial early sign up period of 75 tap for a water district, the County will offer anadditional level of reduction of 600 per tap from the period extending from the end of the initial sign -upuntil the contracts are awarded for construction of the project Once contracts are awarded forconstruction of the project, the tap -on fee will be the regular residential fee being charged at that time towater customers throughout the County3a Sewer Line to McGees Crossroads School SiteThe Board again discussed the two options for transmitting wastewater from the McGeesCrossroads School site back to the county sewer plant by way of NC 210 The costs estimates have beenrevised slightly since the October 6, 1997 meetingA -1 A pump station on the school property then directly to a force main on NC 210 at a cost of1,080,000A -2 A gravity line from the school site to Pleasant- Coates Road then back to NC 210 at a cost of1,215,000, with easements or agreements of access at three locations along the gravity lineStaff has recommended the latter optionIn response to questions by the Commissioners as to the advantage of the gravity line back toPleasant- Coates Road, it was explained this option would open up a much larger service area AlsoEngineer Tim Broome stated that in the long run, more gravity lines and fewer pump stations are651preferable Customers would have to install a pump station to connect to a force main, however they canconnect directly to a gravity line and the expense is considerably less In his opinion, the gravity line witheasements would be the favorable designThe County Manager noted the easements or agreements of access would be available for futureconnections, with the cost shared by multiple property owners or developersFollowing further discussion, Commissioner Thomas M Moore moved the Board approve the A -2option for providing wastewater service to the McGees Crossroads School site at a cost of 1,215,000,approve the following budget amendment, and obtain easements or agreements of access at three locationsalong the gravity line extending from the school property to Pleasant- Coates Road Commissioner JerryF Wood seconded the motion, which carried by the following voteAyes Norman C Denning, James W Cash, Jerry F Wood, Eleanor N Creech, Thomas MMoore, James H Langdon, JrNo Cookie PopeBudget AmendmentExpenditure Increase10 58559060 Transfer to Water Sewer Construction 1,215,000Revenue Increase10 460033990 Fund Balance Appropriated 1,215,0004a Water Service for Barbour Road - DiscussionThe County Manager explained the specifications for the Wilsons Mills Water District include, asa separate component, service to Barbour Road extending from where Smithfields service ends to Hwy70 The citizens living along this section of the road have requested water service from Smithfield, WestSmithfield and the County for many years, and Smithfield has now indicated they plan to extend waterto this area, however they have not stated when they plan to do this, or if they have the funds availableBobby Tripp, Smithfields Utilities Director, stated the Town has this project budgeted for nextyearChairman Denning questioned which would be the less expensive for the citizens, to be served bySmithfield or be a part of the water district It was noted water district customers would pay the 75 tapfee, plus a monthly bill of approximately 28Mr Tripp noted that due to the recent decision to extend water to Holland Road, the Town ofSmithfield has adopted a policy setting an assessment on all property owners, both sides of the road, of12 per linear foot of road frontage, with the cost to be financed over a 10 year period This would be inaddition to a regular monthly cost for water serviceThe Chairman asked Mr Broome to meet with Mr Tripp to look at the total cost for residents asTown customers or Water District customers, and report back to the Board5a Neuse River Basin - Proposed Rules for Nutrient Sensitive Waters Management StrategyThe Board discussed a draft letter to the Environmental Management Commission concerning theproposed rules for the Neuse River Basin, Nutrient Sensitive Waters Management Project In the letter,the County expresses concern about the proposed requirements for point source nitrogen removal Underthe current proposed rules, the estimated costs for two new waste treatment plants proposed in JohnstonCounty would increase approximately 40 Project operation and maintenance costs would also increasesignificantly The County feels total nitrogen removal goals should be through a modified strategy andtotal nitrogen mass limits for point discharges should be maintained at 55 mg 1 based on 1995 permittedflowsThe County also expressed the belief that more focus should be on storm water management withall counties and municipalities with populations of 5,000 or greater within the watershed included in themanagement criteria652Following discussion, Commissioner Thomas M Moore moved the Board authorize the Chairmanto sign the letter, as written, stating Johnston Countys position on the proposed rules for NutrientSensitive Waters Management Strategy Commissioner James H Langdon, Jr seconded the motion, whichcarried by unanimous voteThere being no further comments, Commissioner James H Langdon, Jr moved the Board adjournCommissioner Eleanor N Creech seconded the motion, which carried by unanimous voteDetailsAnnotationsEntry PropertiesModified11192013 32103 PMCreated3272003 104902 AMTemplateMinutesFieldsMinutes - TypeRecessedMinutes - Date10131997Book20