County Commissioner Resolutions - November 2010 (3)r'� '
Resolution 2010- b
A Resolution of the Gibson County Commissioners
Making Preliminary Approval of
A Form of a Lease and Various Ancillary Matters
WHEREAS, Gibson County, Indiana (the "County') is the owner of a courthouse building and a jail facility
(the "Buildings"); and
WHEREAS, the euildings are in need of certain upgredes to eledrical, mechanical and related systems
(colledively, the "ProjecY'); and
WHEREAS, the Board of Commissioners of Gibson County, Indiana (the "Commissioners") believe a need
exists to undertake the Projed at this time, so as to avoid the potentially catastrophic loss associated
with eledrical system malfunctions at the courthouse building and the potentially high cost associated
with emergency repairs of the mechanical system at the jail building; and
WHEREAS, due to the aforementioned maintenance concerns, the Commissioners preliminarily find that
there is a need for the Project, that the Project will serve the public purpose of Gibson County, Indiana,
and that the Project is in the best interests of the residents of Gibson County; and
WHEREAS, the Commissioners further find that [he Project is a project described in I.C. § 6-3.5-7-
13.1(c)(1); and
WHEREAS, the Commissioners find that the Project is best undertaken by having a nonprofit
corporation, known as the Gibson County Facilities Holding Corporetion (the "Holding Corp"), build the
Projed and lease it to the County pursuant to I.C. § 6-3.5-7-21; and
WHEREAS, the Commissioners find the incorporetion of the Holding Corp to be in the public interest and
wish to approve the same; and
WHEREAS, the Commissioners have reviewed the form of a Lease Between Gibson County Facilities
Holding Corporetion and Gibson County, Indiana, attached hereto as �hibit A(the "Lease"), and wish to
preliminarily approve the same, subjed to: 1) concurrence by the Holding Corp, 2) consideretion of
further information to be obtained by the Commissioners through a public hearing on the matter, 3)
final approval by both the Commissioners and the Gibson County Council after the completion of the
public hearing, 4) a lease rental rete not to exceed Fifty Thousand Dollars ($50,000.00) per quarter,
payable on the first business day of each quarter, commencing with the first quarter after the Project is
placed in service orJanuary 3, 2012, whichever is later, and 5) a lease term not to exceed fifteen (15)
years from the date the Projed in placed in service; and
WHEREAS, the Commissioners wish to proceed with the aforementioned public hearing on the Projed
and the Lease; now therefore,
Resolution Approving Form of lease - Prelim v 1
. '��
BE IT RESOLVED as follows:
1. That the formation of the Holding Corp for the purpose of undertaking the Project and leasing
the same to Gibson County is hereby approved.
2. That the following individuals are hereby appointed as initial Diredors of the Holding Corp: 1)
Robert Townsend, 2) Michelle Prinzing, and 3) Michael Stevenson.
3. That the form of the Lease, attached hereto as Exhibit A is preliminarily approved, subject to
the limitations and conditions found herein.
4. That there shall be a public hearing on the Project and the Lease on December 7, 2010 at 8:30
a.m. at the Gibson County Annex North, 225 North Hart Street, Princeton, IN 47670.
5. That the Auditor and the County Attorney are hereby direded to publish notice of the public
hearing in accordance with the requiremenu of I.C. § 5-3-1 by publishing notice of the same in a
newspaper of generel circulation at least ten (10) days before the date of the public hearing.
Duly ADOPTED this � day of November 2010, by the Board of Commissioners of Gibson County,
having been passed by a vote of � in favor and � opposed.
eoard of Commissioners of
Gibson County, Indiana, by:
��
i
Robert Townsend,� ident
Resolution Approving Form of lease - Prelim v 1
Attest:
Mary Key, � r �