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HomeMy WebLinkAboutApril 3 2012 Regular MinutesIREDELL COUNTY BOARD OF COMMISSIONERS REGULAR MINUTES APRIL 3, 2012 The Iredell County Board of Commissioners met on Tuesday, April 3, 2012, at 7:00 P.M., in the Iredell County Government Center (Commissioners' Meeting Room), 200 South Center Street, Statesville, NC. Board Members Present Chairman Steve Johnson Vice Chairman Marvin Norman Renee Griffith Frank Mitchell Ken Robertson Staff present: County Manager Ron Smith, County Attorney Bill Pope, Deputy County Manager Tracy Jackson, Finance Director Susan Blumenstein, Fire Marshal Ronny Thompson, Purchasing Agent Dean Lail, and Clerk to the Board Jean Moore. CALL TO ORDER by Chairman Johnson INVOCATION by Attorney Bill Pope PLEDGE OF ALLEGIANCE ADJUSTMENTS OF THE AGENDA: MOTION by Commissioner Griffith to approve the following agenda adjustments: Additions: • Request for the Awarding of a Purchase Contract for Four New Ambulance Chassis to Northwestern Emergency Vehicles for a Total Bid Price of $319,928 • Closed Session Pursuant to G.S. 143-318. 11 (a) (3) — Attorney/Client VOTING: Ayes — 5; Nays — 0. INTRODUCTION OF THE NEW COOPERATIVE EXTENSION DIRECTOR: Deputy County Manager Tracy Jackson introduced Nancy W. Keith, the new Cooperative Extension Service Director. Jackson said Keith had held the same position in Yadkin County since 2007, and she had been the interim Alleghany County director since 2009. Mr. Jackson said Keith held a bachelor's degree in animal science from North Carolina State University as well as a master's degree in agriculture. Ms. Keith said she looked forward to serving the county's citizens and farmers. She mentioned that she was an Iredell County native and had grown up on a dairy farm. Presentation of a Proclamation Proclaiming April as Child Abuse Prevention Month: Chairman Johnson read the following proclamation, and then presented the document to Stop Child Abuse Now (SCAN) Executive Director Amy Eisele. Proclamation for Child Abuse Prevention Month WHEREAS, children are vital to our state's future success, prosperity, and quality of life, as well as being our most vulnerable asset; and WHEREAS, safe, stable, nurturing homes and communities are needed to foster healthy growth and development for all children; and WHEREAS, child abuse and neglect is a community responsibility affecting both the current and future quality of life of communities; and WHEREAS, communities that provide parents with the social support, the knowledge of parenting and child development programs, and the concrete resources needed to cope with stress and to nurture their children ensure that all children grow to their full potential; and WHEREAS, effective child abuse prevention strategies are known to succeed when there are partnerships created by citizens, human service agencies, schools, faith communities, health care providers, civic organizations, law enforcement agencies, and the business community. NOW, THEREFORE, the Iredell County Board of Commissioners hereby proclaims April as Child Abuse Prevention Month and calls upon citizens, community agencies, faith groups, medical ,facilities, elected leaders and businesses to increase their participation in efforts to support families, thereby preventing child abuse and strengthening the communities in which we live. PUBLIC HEARING Chairman Johnson declared the meeting to be in a public hearing. Rezoning Case #1203-1: Request from Owner/Applicant Phifer I. Johnson Limited Partnership for the Rezoning of 3.2 Acres of a 40.48 Acre Tract from Residential Agricultural (RA) District to Neighborhood Business (NB) District: Planning Director Joey Raczkowski described this rezoning case as follows: EXPLANATION OF THE REQUEST This is a request to rezone 3.2 acres of a 40.48 acre tract at 111 Rocky River Road in Mooresville from RA, Residential Agricultural District to NB, Neighborhood Business District. The property has an existing commercial building that was once used for a grading business. The grading business is no longer there and the owner would like to use the building for commercial purposes, such as but not limited to, an auto repair and service business. OWNER/APPLICANT OWNER: Phifer I. Johnson Limited Partnership 123 Rocky River Road Mooresville, N.C. 28115 PROPERTY INFORMATION LOCATION: At 1 11 Rocky River Road in Mooresville; more specifically identified as PIN # 4665-45- 6853. DIRECTIONS: Highway 3 south, right Rocky River Road, at the end at the corner of Shearers Road. SURROUNDING LAND USE: This property is surrounded by residential uses and commercial uses. SIZE: The property is 40.48 acres, but only 3.2 acres is being proposed for rezoning. Legend Area to be Rezoned Johnson Property RA EXISTING LAND USE: The portion of the property proposed for rezoning currently has a vacant commercial building. ZONING HISTORY: This property, as well as the adjoining properties, have been zoned R -A since county -wide zoning was established in 1990. The property with the Food Lion anchored shopping center to the south was released into the Town of Mooresville's zoning and subdivision jurisdiction on January 2, 2007. OTHER JURISDICTIONAL INFORMATION: This property is located inside of Mooresville's short-term USA boundary and has been designated as part of a Neighborhood Center in Mooresville's future land use plan. By definition in Mooresville's land use plan, a Neighborhood Center provides the essential facilities for the neighborhood in one convenient location and should contain retail, services, recreation and institutional facilities located in close proximity to one another. The principle commercial establishment should be a neighborhood grocery store together with smaller retailers, which already exists across Rocky River Road from this property. The proposed use (auto repair) is permitted in Mooresville's Neighborhood Mixed -Use zoning district with a conditional use permit due to the building form criteria in their Zoning Ordinance. The Neighborhood Mixed -Use zoning district does fit into the Neighborhood Center classification in their land use plan. OTHER SITE CHARACTERISTICS: This property is not located in a water supply watershed; therefore, there are no impervious coverage restrictions. The area proposed for rezoning is not located in a floodplain. IMPACTS ON LOCAL INFRASTRUCTURE AND/OR FACILITES TRAFFIC: The property is located at the intersection of Rocky River Road and Shearers Road. In 2009, the average number of vehicles per day on Shearers Road was 7300. In 2010, the average number of vehicles per day on Rocky River Road was 5000. The capacity for these roads is 11,000 vehicles per day. SCHOOLS: Because this is a commercial rezoning, there should be no implications on local schools. FIRE MARSHAL: This proposal has been reviewed by the Iredell County Fire Marshal's Office. The Fire Marshal's Office has no issues with the proposal. EMS: This proposal has been reviewed by the EMS Director and he had no problems or comments with regards to the request. REQUIRED REVIEWS BY OTHER AGENCIES LOCAL: The applicant will have to provide a site plan to the Planning & Development Department for review to change the use or develop the property. Zoning requirements such as parking and screening will be reviewed at such time. Plans would not be reviewed by the Planning & Development Department for compliance with Erosion & Sedimentation Control standards unless there is more than 5000 square feet of disturbed area. In this case, the structures and driveway are already in place, so it most likely will not be required. STATE: Other than building code, there should be no formal state agency review at this time. FEDERAL: None at this time. STAFF AND BOARD COMMENTS STAFF COMMENTS: When the request for rezoning was submitted, the Planning staff looked at the existing building on the property, the zoning districts that would allow the proposed use (auto repair), how the area was designated on the future land use map in the 2030 Horizon Plan, and the response from the Town of Mooresville concerning how well the request fit into their future land use plan. A portion of the existing building was built in 1970 when the business was started, with an addition in 1975. The previous use of the property was a grading business, which closed in June of 2011. The property is located across Rocky River Road from an existing shopping center anchored by Food Lion as well as a gas station/convenience store, which was developed under the Town of Mooresville's regulations. A machining company, which is a legal non -conforming use, is located across Shearers Road and has been there since 1965. Auto repair would be allowed in all of our commercial and industrial districts, but is not allowed in NB (Neighborhood Business) and HB (Highway Business) if there would be storage of junk or wrecked vehicles. Based on conversations with the applicant, it was determined that she did not want outside storage of junk or wrecked vehicles and that she was satisfied in requesting a change from RA (Residential Agricultural) to NB (Neighborhood Business). This site is designated as Rural Commercial in Iredell County's 2030 Horizon Plan, which supports small-scale commercial uses and small neighborhood service businesses. The staff felt most comfortable with recommending in favor of the NB district because it fit into the Rural Commercial designation in the 2030 Horizon Plan and the applicant prefers not to go through the conditional district process. The Town of Mooresville has designated this area as a Neighborhood Center in their future land use plan, which includes service business uses. The Planning staff can support the proposed rezoning request based on the following: The property is in close proximity to other areas already zoned commercial or designated as Rural Commercial in the 2030 Horizon Plan. The uses permitted in the NB district fit into the Rural Commercial designation in the 2030 Horizon Plan. A business has been located on the property since 1970. Other businesses are already in place at the intersection of Rocky River Road and Shearers Road. Although the Town of Mooresville would recommend a change to a conditional use district, the proposed zoning and use fit into the Town's future land use plan designation. PLANNING BOARD ACTION: Harry Tsumas, Jackie Grigg, and Jeff McNeely visited this site with the staff on February 15, 2012. On March 7, 2012, the Planning Board held a public meeting to hear this request. They heard testimony from the staff, the applicant, and one adjoining owner. The adjoining owner, Rob Newton, was concerned with lighting, water run-off, and sedimentation issues. The Board asked the staff to comment on Mr. Newton's concerns at which time the staff informed Mr. Newton that there were regulations in place that would address his concerns. The staff has also followed up in a letter to Mr. Newton should he have further questions. The Planning Board voted 7-0 to recommend approval of this request based on the consistency with the 2030 Horizon Plan. When asked, Mr. Raczkowski said the Food Lion Grocery Store was served by the Town of Mooresville's utilities. No one else desired to speak, and Chairman Johnson adjourned the hearing. OTION by Commissioner Mitchell to approve the zoning map amendment and to make a finding that approval was consistent with the adopted 2030 Horizon Plan and that said approval was reasonable and in the public's interest due to consistency with the 2030 Horizon Plan; as a result, said approval furthers the goals and objectives of the 2030 Horizon Plan. VOTING: Ayes — 5; Nays — 0. Presentation (Update) on the Statesville Comprehensive Transportation Plan (CTP) from David Keilson with the North Carolina Department of Transportation: Mr. Keilson, an engineer with the North Carolina Department of Transportation (NCDOT), said the CTP was a joint effort between Iredell County, the City of Statesville, the Lake Norman Rural Planning Organization, and the state. He said data collection had been completed, and feedback from the community was now requested. Keilson reviewed a map containing freeways, expressways, boulevards, and other major/minor thoroughfares where improvements were needed or recommended. The Iredell County Staff Report for the Statesville CTP is as follows: EXPLANATION OF THE REQUEST The NCDOT Transportation Planning Branch has requested to present an update to the Board of Commissioners regarding the status of the Statesville Comprehensive Transportation Plan (CTP) given that the project is nearing its midpoint. Included with this staff report is a draft version of the Statesville Highway Map and Inset Map. Also included is a memorandum from David Keilson with NC DOT detailing the status of the project. The Board of Commissioners is invited to provide input or recommendations for improvements to particular roads included within the study area. Comments will be considered by NC DOT and may be incorporated into the updated draft that will be completed in approximately six months. Staff from NC DOT will be present at the meeting to speak in more detail about the draft Statesville Highway Map and to answer any questions the Board of Commissioners may have at this point in the project. The Iredell County Planning Board received a similar presentation from NC DOT at the March 7, 2012 meeting. At that time, the board members asked several questions and agreed to provide INC DOT with any comments as the members reviewed the draft Statesville Highway Map. E Chairman Johnson thanked Mr. Keilson for the update. Request for Approval of a Memorandum of Agreement between Iredell County and the North Carolina Department of Environment and Natural Resources (Sedimentation Control Commission) Relating to the Local Erosion Control Program: Planning Director Joey Raczkowski said that when Iredell County assumed the erosion control functions from the state several years ago, the action occurred through a resolution that stipulated the Sedimentation and Pollution Control Act of 1973 would be enforced. He said as more North Carolina jurisdictions took over these types of functions the state realized some type of agreement needed to be signed to ensure that all of the activities were occurring. Raczkowski said the memorandum of agreement assured the state that Iredell County was enforcing the 1973 Act. He said the agreement also stipulated some reporting and inspection requirements, but these were already being met or exceeded by the staff. Raczkowski said the agreement did not require the staff to do anything more than what was already occurring. In addition, he said it wasn't anticipated that by signing the document any additional work would occur in the future. The staff report for this request is as follows: EXPLANATION OF THE REQUEST Mell Nevils, Land Quality Section Chief, North Carolina Department of Environment and Natural Resources (NCDENR), Division of Land Resources, has presented a Memorandum of Agreement (MOA) for all Local Erosion Control Programs in the State of North Carolina to sign for the purpose of clarifying their roles in the enforcement of the Sedimentation Pollution Control Act of 1973, N.C. General Statute 1 13A Article 4 and any rules adopted pursuant to the Act (hereinafter collectively, "SPCA"). This agreement is required to be signed and submitted by the time NCDENR performs the Local Program's next review. For Iredell County, that will be within the next two years. IMPACTS ON LOCAL EROSION CONTROL PROGRAM There currently is not a written agreement between Iredell County and NCDENR regarding our responsibilities of enforcement. Iredell County petitioned NCDENR to enforce the rules of the SPCA. This MOA is not legally binding nor does it require Iredell County to perform any additional responsibilities. Currently Iredell County's Erosion Control Program meets or exceeds all the criteria referenced in the MOA. Therefore, there is no impact to our program. STAFF COMMENTS STAFF COMMENTS: Everything found within the Memorandum of Agreement is already part of the in the SPCA, except for Part III Section B. Reporting and D. Inspection. Iredell County's Erosion Control Program already collects and submits all of the documentation and information that DENR Division of Land Resources and Division of Water Quality requests within the MOA. The MOA is geared more towards encouraging Local Programs that are not documenting and reporting the required information into acknowledging that they are required to submit this information to maintain their agreement with the Sediment Control Commission. Therefore, it is recommended that Iredell County move forward with signing the MOA for submittal to the NCDENR Division of Land Resources. Commissioner Griffith asked if a new commitment would be needed if the requirements changed. Raczkowski said the agreement referred to the state law, and as such, it was expected the document would parallel with any state statute changes. OTIO by Commissioner Robertson to approve the Memorandum of Agreement. VOTING: Ayes — 4; Nays — 1 (Griffith) Request from the Sheriff's Office for Approval of Budget Amendment #42 to Recognize $83,000 in Seized Funds and to Appropriate for Training: Chief Deputy Rick Dowdle asked to move $69,000 from seized funds to be used as startup money for a law enforcement academy at the Ebenezer School site. He said the department would be able to train its own officers, thereby eliminating the need to go through an " I'TO" program. Dowdle said once the officers completed their training at the Ebenezer site, they would be able to "go on the road." He said in-house instructors would be used, and the remaining money ($14,000) would go into the training budget. 5 Chairman Johnson said he understood the $69,000 would be used for "one time purchases of equipment and the remainder would be associated with the cost of the program's operating costs." Dowdle said no. He said the $69,000 would be for the first part needed by the State of North Carolina for accreditation to start the school. Dowdle said, "You have to have the equipment in place before they will sign off on it. The other part is to put in for our training budget to get us through the rest of the year." Johnson said he understood that April, May and June were remaining in this fiscal year so $14,000 would carry the department to the end of June. He said that on an annualized basis this would be approximately $56,000. Dowdle said yes. Johnson asked if the $56,000 would be on-going in the future. He asked if the sheriff's office would be willing to continue using seized funds for the project, or would it go to the baseline of the budget. Dowdle said the office would continue to fund it. He said, "That figure is going to be relative pretty high versus what I think it's going to end up costing. Until we get in it, I can't really give an exact figure -- what it's going to continue for the up cost of that." Johnson said his concern going forward was that the cost of running the sheriff's department would increase. He said the department ran as much fuel as any department in the county. Johnson said he didn't want to get into a situation where the baseline operational budget, or the part the commissioners had control over, increased. He asked for a commitment in the coming budget year that the $56,000.00, on an annualized basis, didn't wind up in budgets during the out years where the county had to cover it. Dowdle said he understood. Johnson said the board had to be careful in maintaining the baseline operational costs as much as possible. Commissioner Mitchell asked if the sheriff's department was experiencing high costs for propane, similar to gasoline, since several vehicles had been converted. Dowdle said the propane costs were still low, or the same cost that existed when the program first started. Commissioner Griffith asked if the academy could be used by other counties. Dowdle said yes. He said the students would still be responsible for their books. Chief Dowdle said a detention school would also exist at the site. He said he didn't have the figures (for other counties to use the training facility). MOTION by Vice Chairman Norman to approve Budget Amendment #42. AMENDMENT TO THE MOTION: Chairman Johnson asked if Vice Chairman Norman would accept an amendment as follows: OTION to approve Budget Amendment #42 with the understanding that the facility will be funded in forthcoming years out of seized funds. If a change is needed; however, a request will be made to the board of commissioners for any additional appropriation. Vice Chairman Norman agreed with the amendment. VOTING: Ayes — 5; Nays — 0. 6 Request from the Fire Marshal's Office for Approval of Budget Amendment #43 for the Appropriation of $69,522 to the Harmony VFD for Equipment: Fire Marshal Ronny Thompson said the Harmony VFD was requesting aerial truck equipment in order to meet Insurance Services Office (ISO) minimum requirements. He said Fire Tax District Board Member Frank Phillips, along with Harmony VFD Chief Trent Cranfill, were attending the meeting to answer any questions. Commissioner Griffith clarified that the money would be taken from the fire tax assigned to the Harmony VFD. Phillips said this was correct, and funds were available. Commissioner Mitchell said the aerial truck looked practically new. Cranfill said the truck was a 1998 model. Chairman Johnson said news reports indicated that Mr. Trump would close soon on the purchase of property (The Point Lake and Golf Club) in the southern end. He said that if the deal closed, and improvements occurred at The Point, it was inevitable that a request would be made to the Town of Mooresville for annexation to secure utilities. Johnson said this would adversely affect the tax base supplied to the county for the county wide fire service district. He said in the past, when disagreements occurred between municipalities and counties regarding debt, that municipalities had maintained they were responsible for the percentage of the debt as it related to the county wide fire district. Johnson said counties had maintained that the debt they were responsible for was the percentage of the debt as it related to the specific fire service district. He said that in every case that he was aware of, the municipalities had prevailed, and the counties had lost. Mr. Johnson said that if the county was not careful, it could wind up with a situation where Mooresville annexed the tax base, and an overwhelming amount of debt would still be the county- wide fire district's responsibility to service. Chairman Johnson said he wanted to make sure that everyone was aware of this fact, and the board in the future needed to be careful about any future indebtedness until the consequences of Mr. Trump's purchase were known. He said this was being stated in an effort to be upfront about the matter. (The county manager also mentions this topic in his report at the end of the meeting.) OTION by Commissioner Mitchell for approval of Budget Amendment #43. VOTING: Ayes — 5; Nays — 0. (The equipment will be purchased from C.W. Williams Fire Equipment Specialists at $57,821.56 and Newton's Fire & Safety Equipment at $11,700 for a total of $69, 522.) Request from the Fire Marshal's Office for the Adoption of the 2012 International Fire Code with North Carolina Amendments and Appendices: Fire Marshal Ronny Thompson said this was a request to adopt the 2012 International Fire Code with North Carolina Amendments and Appendices. He said a new code was published about every three years, and the newest edition needed to be adopted before enforcement could occur. Thompson said there would not be any costs incurred by the code's adoption. Commissioner Griffith asked about the change regarding church stoves or fans. Thompson said the requirements for stove hoods had changed. He said churches seldom used theirs, and inspections would probably only need to occur once a year. Thompson said in contrast, a pizza restaurant that used wood might need an inspection every three months. He said the changes had clarified the equipment's usage. 7 To appropriate Unreserved Fund Balance in the County Wide Fire Tax Fund for Harmony VFD equipment to lower their ISO rating. BA#43 4/3/2012 Account # Current Chane Amended 204880499500 Appropriated Fund Balance (69,625) (69,522) (139,147) 205525 537604 Harmony Fire Dept 665,000 69,522 734,522 (The equipment will be purchased from C.W. Williams Fire Equipment Specialists at $57,821.56 and Newton's Fire & Safety Equipment at $11,700 for a total of $69, 522.) Request from the Fire Marshal's Office for the Adoption of the 2012 International Fire Code with North Carolina Amendments and Appendices: Fire Marshal Ronny Thompson said this was a request to adopt the 2012 International Fire Code with North Carolina Amendments and Appendices. He said a new code was published about every three years, and the newest edition needed to be adopted before enforcement could occur. Thompson said there would not be any costs incurred by the code's adoption. Commissioner Griffith asked about the change regarding church stoves or fans. Thompson said the requirements for stove hoods had changed. He said churches seldom used theirs, and inspections would probably only need to occur once a year. Thompson said in contrast, a pizza restaurant that used wood might need an inspection every three months. He said the changes had clarified the equipment's usage. 7 Commissioner Mitchell said it sounded like the change was more advantageous for churches. Thompson said correct, but this was an example of one change. OTION by Commissioner Griffith to adopt the 2012 International Fire Code with North Carolina Amendments and Appendices. VOTING: Ayes — 5; Nays — 0. Request from the Mooresville Graded Schools for Approval to Apply for Lottery Funds Totaling $434,974: Finance Director Susan Blumenstein said the Mooresville Schools had submitted an application to request the release of $434,974 from the NC Education Lottery. She said a total of $965,548 was included as lottery revenue in the current budget to support debt service on prior years' Certificates of Participation. Blumenstein said the Mooresville Board of Education approved the application on March 13, 2012, and the proceeds would be used towards the Mooresville Intermediate School project. MOTION by Vice Chairman Norman to Approve the Mooresville Graded Schools' Request to Apply for Lottery Funds. VOTING: Ayes — 5; Nays — 0. Request for Approval of the March 9 & 10, 2012 Winter Planning Session Minutes and the Regular Meeting Minutes of March 20, 2012: OTION by Commissioner Mitchell to approve the minutes as presented. VOTING: Ayes — 5; Nays — 0. Request for the Awarding of a Purchase Contract for Four New Ambulance Chassis to Northwestern Emergency Vehicles: Purchasing Agent Dean Lail said the county requested Sprinter ambulance bids about a month ago, and the low bid came from Northwestern Emergency Vehicles at $319,928. Lail requested approval to purchase the vehicles from the low bidder. Chairman Johnson asked if a specific amount was budgeted. Lail said the budgeted amount was $340,000. Commissioner Mitchell asked if this was for the ambulance bodies. Chairman Johnson said this was for Sprinter ambulances and their upfit. Lail said this was correct. He said the purchase would be for complete Sprinter ambulances. Mitchell asked if the lights were installed. Lail said the only items needing installation were the radios and possibly computers. MOTION by Commissioner Mitchell to Approve the Purchase of Four New Ambulances from Northwestern Emergency Vehicles for $319,928. VOTING: Ayes — 5; Nays — 0. BID COMPANY NAME SIGNED PER UNIT BID TOTAL BID AWARD TO START DELIVERY PERIOD EXCEPTIONS Y/N Southeastern Yes $79,999.00 $319,996.00 May -12 60-75 days after Yes Specialty production start Northwestern Yes $79,982.00 $319,928.00 Immediately 30-45 days No Emergency 8 ANNOUNCEMENT OF VACANCIES OCCURRING ON BOARDS & COMMISSIONS • Troutman Board of Adjustment — ETJ (one announcement) COUNTY MANAGER'S REPORT PURCHASE OF THE POINT LAKE AND GOLF CLUB PROPERTY: County Manager Smith reported that a meeting with Eric Trump had occurred about The Point Lake and Golf Club purchase. He said that in regards to the county wide fire district (Lake Norman VFD) and possible annexation to the Town of Mooresville that Mr. Trump stated there was no intent to harm the county. Smith said his impression from the meeting was that the new owners would be willing to discuss the matter in the future. CLOSED SESSION: MOTIO by Chairman Johnson at 7:45 P.M. to enter into Closed Session Pursuant to Economic Development - G.S. 143-318.11 (a) (4) and Attorney/Client — G.S. 143-318.11 (a) (3). VOTING: Ayes — 5; Nays — 0. (RETURN TO OPEN SESSION AT 8:05 P.M.) MODIFICATION TO THE CAROLINA BEER & BEVERAGE ECONOMIC DEVELOPMENT AGREEMENT: OTION by Commissioner Robertson to modify the economic development incentive agreement for the Carolina Beer & Beverage Company, first approved on June 3, 2008. This will be third amendment, and it will reduce the required investment amount from $9,524,000 to $9,495,00 and the incentive will be reduced to $169,011.00, over a five-year period, contingent upon an amendment to the agreement being executed within 180 days. VOTING: Ayes — 5; Nays — 0. History of this incentive is as follows: Initial investment amount: $11,050,000 - June 3, 2008 1 " amendment investment amount: 10, 000,000 - February 15, 2011 2"" amendment investment amount: 9,524,000 - October 18, 2011 3'1 amendment investment amount: 9,495,000- April 3, 2012 ADJOURNMENT: There being no further business to conduct, Chairman Johnson made a motion to adjourn the meeting at 8:07 P.M. (NEXT MEETING: Tuesday, April 17, 2012, at 7:00 P.M., in the Iredell County Government Center, 200 South Center Street, Statesville, NC.) VOTING: Ayes — 5; Nays — 0. Approval: 9 Clerk to the Board