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HomeMy WebLinkAbout07-06-2026 Meeting Minutes BOCJuly 6, 2026 1 PERSON COUNTY BOARD OF COMMISSIONERS July 6, 2026 MEMBERS PRESENT OTHERS PRESENT Kyle Puryear-- ABSENT Katherine M. Cathey, County Manager Sherry Wilborn Michele Solomon, Clerk to the Board Jason Thomas T.C. Morphis, Jr., County Attorney Antoinetta Royster Donald Long The Board of Commissioners for the County of Person, North Carolina, met in Regular session on Monday, July 6, 2026 at 6:00 p.m. in Room 215 of the County Office Building located at 304 S. Morgan Street, Roxboro, NC. Vice-Chair Wilborn called the meeting to order and recognized a quorum was present. Commissioner Thomas offered an invocation, and Commissioner Long led the group in the Pledge of Allegiance. DISCUSSION/ADJUSTMENT/APPROVAL OF AGENDA A motion was made by Commissioner Royster and carried 4-0 to approve the agenda. PUBLIC HEARING: BOND ORDER AUTHORIZING ISSUANCE OF $107,000,000 GENERAL OBLIGATION SCHOOL BONDS A motion was made by Commissioner Thomas and carried 4-0 to open the duly advertised public hearing for the Bond Order Authorizing Issuance of $107,000,000 in General Obligation School Bonds. Clerk to the Board Michele Solomon stated that the Board is progressing through the next steps of the General Obligation (GO) School Bond referendum process. She stated the following: x The proposed $107 million GO School Bond would fund: ¾Construction of a new middle school ¾Renovations to vacated Northern and Southern Middle School buildings for conversion to elementary schools as part of school consolidation July 6, 2026 2 x A sworn statement of county debt is filed with the Clerk and available for public inspection. x The bond order becomes effective only if approved by voters in the November 3, 2026 referendum. x Solomon requested approval of: ¾The bond order authorizing issuance of $107 million in GO school bonds ¾The resolution setting a special bond referendum, directing publication of notice in the Courier-Times, and notifying the Board of Elections She stated that CFO Tracy Clayton and representatives of the school board were in attendance if the Board had any questions. There were no individuals that appeared before the Board to speak in favor of or in opposition of the Bond Order Authorizing Issuance of $107,000,000 in General Obligation School Bonds. A motion was made by Commissioner Royster and carried 4-0 to close the duly advertised public hearing for the Bond Order Authorizing Issuance of $107,000,000 in General Obligation School Bonds. CONSIDERATION TO GRANT OR DENY THE BOND ORDER AUTHORIZING ISSUANCE OF $107,000,000 GENERAL OBLIGATION SCHOOL BONDS A motion was made by Commissioner Long and carried 4-0 to adopt the Bond Order Authorizing the Issuance of $107,000,000 in General Obligation School Bonds for the County of Person, NC. July 6, 2026 3 July 6, 2026 4 A motion was made by Commissioner Long and carried 4-0 to adopt the Resolution Setting a Special Bond Referendum and Directing the Publication of Notice of a Special Bond Referendum and Notification of the Board of Elections. July 6, 2026 5 July 6, 2026 6 NEW BUSINESS: AMENDMENT NUMBER ONE TO THE NOVEMBER 1, 2023 INSTALLMENT FINANCING CONTRACT Chief Financial Officer Tracy Clayton provided the following summary: x In March 2023, the Board entered a multi-tranche plan for limited obligation bonds (LOBs) to fund improvements and renovations to various school facilities. x The first tranche is nearing completion and closing this year. x The Board must now take action on the second tranche, not to exceed $10.2 million, for the 2026 projects. x Requested Board actions: 1.Permission to negotiate the First Amendment to the installment financing contract 2.Approval of a resolution authorizing up to $10.2 million in LOBs 3.Direction for the CFO to file an LGC application 4.Approval to hire required professional partners: ƒParker Poe (bond counsel) ƒDEC Consultants (municipal advisors) ƒPNC Bank (underwriter) ƒUS Bank (underwriter and trustee) 5.Scheduling a public hearing for July 20, 2026 at 9:00 AM 6.Direction for the Clerk to publish notice at least 10 days prior 7.Authorization for reimbursement for project expenses incurred before issuance of the bonds Clayton noted she had a full list of covered projects available upon request. A motion was made by Commissioner Royster and carried 4-0 to adopt the Resolution Authorizing the Negotiation of an Amendment to an Installment Financing Contract, Directing the Publication of Notice with Respect Thereto, Declaring the Intent of the County to Reimburse itself for Capital Expenditures from Proceeds Thereof, and Providing for Certain Other Related Matters Thereto. July 6, 2026 7 July 6, 2026 8 July 6, 2026 9 July 6, 2026 10 July 6, 2026 11 ADJOURNMENT A motion was made by Commissioner Thomas and carried 4-0 to adjourn the meeting at 6:11 p.m. ____________________________ ______________________________ Michele Solomon Kyle Puryear Clerk to the Board Chairman