TARBORO – Edgecombe County commissioners will consider a request to allow Wayne County to borrow their county’s $576,923 portion of “reserved funds” that are part of a one-time $7.5 million state appropriation to North Carolina’s Eastern Region.
North Carolina’s Eastern Region’s loan policy states that any county may designate any amount of funds it would otherwise be entitled to borrow as “reserved funds” and transfer its eligibility to apply for loans with respect to those reserved funds to any other county or counties.
If the funds are not loaned out by June 1, they will be sent to the state treasurer for deposit in the state’s general fund.
Edgecombe County commissioners will consider the request during their regular monthly meeting tonight in Tarboro. Edgecombe County does not have a project that meets the Eastern Region’s loan criteria for the funds, according to a memo from County Manager Lorenzo Carmon included in the meeting agenda packet.
In other business, the board will:
- Consider approving offers from two individuals who would like to buy two separate pieces of county-owned property that were acquired through tax foreclosure. William Freeman offered to buy a less than one acre piece of property at 727 S. Washington St. in Rocky Mount for $250. Mary Williams offered to buy property on First Street in Princeville for $1,000. If county commissioners accept the offers, the county will advertise the offers for a minimum of 10 days to allow for upset bids.
- Consider approving three change orders for the landfill gas project totaling $10,260 for Advance One Development. If the board approves the change orders, the contract will increase from $192,800 to $203,060, according to a memo included in the meeting agenda packet.
- The change orders are for additional work, including repair and replacement of electrical wiring and replacement of wellheads, the memo states.
County commissioners will meet at 7 p.m. in the county administration building, 201 Saint Andrew St. in Tarboro.