Board of Supervisors August 22, 2017 Page 1 August 22, 2017 County of Greene, Virginia THE GREENE COUNTY BOARD OF SUPERVISORS MET ON TUESDAY, AUGUST 22, 2017 BEGINNING AT 6:30P.M. IN' THE COUNTY MEETING ROOM. Present were: Michelle Flynn, Chair Dale Herring, Vice Chair David Cox, Member Jim Frydl, Member Bill Martin, Member Staff present: John C. Barkley, County Administrator Ray Clarke, County Attorney Andrew Wilder, Deputy County Attorney Bart Svoboda, Deputy County/Zoning Administrator Kim Morris, Deputy Clerk RE: CALLTOORDER RE: EXECUTIVE SESSION the Code ofVirginia. Virginia Code Reference The Chair called the meeting to order. Upon motion by Dale Herring and unanimous vote, the Board entered into Executive Session to discuss legal and personnel matters pursuant to Section 2.2-3711 Subsection (a, 1-7)of 2.2-3711 A.7: Consultation with legal counsel employed or retained by aj public body regarding specific legal matters requiring the provision oflegal advice by such counsel. Pending litigation Recorded vote: Michelle Flynn Dalel Herring David Cox Jim Frydl Bill Martin Yes Yes Yes Yes Yes Motion carried. Board of Supervisors August 22, 2017 Page 2 Upon motion by Bill Martin and unanimous vote, the Board returned to Open Session. Recorded vote: Michelle Flynn Dale Herring David Cox Jim Frydl Bill Martin Yes Yes Yes Yes Yes Motion carried. By unanimous vote, all members certified that only public business matters lawfully exempted from the Open Meeting requirement and only such matters as identified by the motion to enter into Executive Session were discussed. Recorded vote: Michelle Flynn Dale Herring David Cox Jim Frydl Bill Martin Yes Yes Yes Yes Yes Motion carried. RE: OPEN MEETING The Chair opened the meeting with the Pledge of Allegiance followed by a moment of silence. RE: CONSENT. AGENDA on the consent agenda: Upon motion by Jim Frydl and unanimous vote, the Board approved the following items b. Resolution to accept and appropriate $429.83 from the Department ofl Motor Vehicles for the. Animal Shelter to be used for the sterilization program for dogs Resolution to accept and appropriate $16,182.99 from private donations for the Animal Shelter to be used for the sterilization program for dogs and cats for FY d. Resolution to accept and appropriate $3,524.85 from private donations for the Animal Shelter to bei used for Shelter expenses for FY 2017. (See. Attachment "C") Resolution to accept and appropriate $7,174.38 in State. Asset Forfeiture Funds to Sheriff's Department for FY 2017. (See Attachment "D") Resolution to accept and appropriate $5,333.33 in Federal Asset Forfeiture Funds tos Sheriff's Department for FY 2017.( (See Attachment "E") Resolution to accept and appropriate $2,400.63 in State Asset Forfeiture Funds to Commonwealth's Attorney Office for FY: 2017. (See Attachment "F") h. Resolution to accept and appropriate $36,893.90 in donations for the Sheriff's Resolution to accept and appropriate $1,410.00 in fee collections for the Sheriff's a. Minutes of previous meeting. and cats for FY 2017. (See Attachment "A") 2017. (See. Attachment "B") Department for FY: 2017. (See. Attachment "G") Department for FY2017. (See Attachment "H") Board of Supervisors August 22, 2017 Page3 3 Resolution to accept and appropriate $28,194.41 in insurance reimbursements for Resolution to accept and appropriate $22,500.00 in proffers to the County of Resolution to accept and appropriate $100.00 in donations for the Victim Witness m. Resolution to accept and appropriate additional funds in the amount of $135,332 and appropriate funds int the amount of$124,782 for additional contract agreements n. Resolution to accept and appropriate $477,183.38 from the State/Federal governments and private donations for carryover programs. (See Attachment "M") various departments for FY 2017. (See Attachment "T") Greene for FY 2017. (See Attachment "J") Program for FY 2017. (See. Attachment "K") forl FY2017. (See Attachment "L") Recorded vote: Michelle Flynn Dale Herring David Cox Jim Frydl Bill Martin Yes Yes Yes Yes Yes Motion carried. RE: RECOGNITIONS Mrs. Flynn presented a certificate of recognition to the Greene Alliance of Churches and Community Efforts (GRACE). Mrs. Doris Swenson and Mrs. Lori Gore were present to accept Mrs. Flynn presented a certificate of recognition to Feeding Greene, Inc. Mrs. Rhonda the certificate on behalfofthe organization. Oliver was present to accept the certificate on behalfofthe organization. RE: MATTERS FROMTHE PUBLIC Mrs. Tina Deane, Lydia Mountain, asked the Board to consider allowing water and sewer edu fees to be bonded until the final inspection on the project. Currently, the edu fees ($20,000) must bej paid prior to obtaining al building permit. Construction ofa a new home can take as long as eight months depending on the weather. Having to pay this large amount SO far in advance is a Mr. Buck Shifflett, Lydia Mountain, agreed with Mrs. Deane's comments saying he has four lots and edu fees will be $80,000 upfront to begin development. He would like to bond everything he can. Mr. Shifflett also said he would like to get Bull Yearling Road into the plan burden. forimprovement or future expansion. RE: PUBLIC HEARING- REQUEST FOR REZONE- JOHN SILKE Mrs. Stephanie Golon, County Planner, reviewed the request from John Silke to rezone from B-2, Business with proffers, to B-3, Business, a 1.59 acre tract located at 9153 and 9157 Seminole Trail and identified on County Tax Maps as 60-(A)-20A. (RZ#17-002) The applicant is requesting thei rezone to provide greater flexibilityin marketing for potential redevelopment. The parcel is located adjacent to Route 29S which provides the necessary accessibility and infrastructure for the uses listed in the business zoning districts. Board of Supervisors August 22, 2017 Page 4 The parcel was rezoned from A-1, Agriculture, to B-2, Business, with proffers in 1998. The proffers run with the land until the propertyi is rezoned or aj proffer amendment occurs. Ifthe The parcel currently utilizes public water and private sewer. fredevelopment occurs, the applicant would be required to connect to public sewer per Article 16-7 oft the Zoning Ordinance. The parcel holds EDUS and the appropriate analysisofwater'sewer: usage will be completed during The parcel currently has access from Enterprise Drive and Route 29S. Ifredeveloped, the entrance on Route 29 would be closed to meet the current access management regulations. Mrs. Golon summarized the relevant factors a locality must review when considering a The Planning Commission recommended approval to rezone tax map parcel 60-A-20A property is rezoned, the current proffers become null and void. the site plan process. rezone of property. from B-2 with proffers zoning designation to a B-3 zoning designation. Mr. Silke, applicant, did not have anything to add. The public hearing was opened and closed with no public comments. growth area, fits with the Comprehensive Plan, has infrastructure, and meets criteria. Board members agreed that the B-3 zoning designation makes sense, the parcel is in a Upon motion by Jim Frydl and unanimous vote, the Board approved the rezoning request RZ#17-002 to rezone tax map parcel 60-A-20A from a B-2 with proffers zoning designation to a B-3 zoning designation for reasons previously stated. Recorded vote: Michelle Flynn Dale Herring David Cox Jim Frydl Bill Martin Yes Yes Yes Yes Yes Motion carried. RE: PUBLIC HEARING - CONSIDER ISSUANCE, SALE AND AWARD OF ANUPTO Dr. Andrea Whitmarsh, School Superintendent, spoke briefly ont thel history ofthe proposed Mr. Frydl asked ift the resolution should be read for the record. Ms. Kristie Spencer, said Mrs. Flynn said she has heard positive feedback regarding the proposed project. Mr. Martin said the project includes rehab, construction and reconfiguration of the dimningkitchen/media center, adaptive classrooms and court yard in-fill at the William Monroe High School; dining/ kitchen/media center, adaptive classrooms and administrative offices at the William Monroe Middle School; reconfiguration of Monroe Drive on the Stanardsville campus; parking and safety improvements to the Stanardsville and Ruckersville campuses and to construct Upon motion by David Cox and unanimous vote, the Board approved the resolution as $28,160,000 GENERAL OBLIGATION SCHOOL BOND school facilities project. Request is for Board to approve resolution as written. The public hearing was opened and closed with no public comment. the Board can reference the resolution and approve as written. and equip other school improvement projects for public school purposes presented. (See Attachment "N") Board of Supervisors August 22, 2017 Page 5 Recorded vote: Michelle Flynn Dale Herring David Cox Jim Frydl Bill Martin Yes Yes Yes Yes Yes Motion carried. RE: PERSONNEL POLICY AND HIRING PRACTICES Mrs. Flynn said shei received a call from someone asking when a county position would be posted. Thej position was filled without posting. Shei is interested in changing the policy to require posting of county positions. Mrs. Flynn felt County positions should be advertised for a minimum number of days as many agencies do. Not suggesting ai minimum number of applicants. Mr. Frydl said he was ok with the policya asitis. Thej policy was written for the County by a professional agency that deals with local government. In some cases, an assistant may have earned the right and has the skill set, and will be promoted. In other cases, a supervisor may go Mrs. Flynn said shel hoped al hiring supervisor would not go through motions knowing they have an intent to promote someone. Hoped anyone in supervisory position would interview for thel best suited applicant. She felt no one earns thei right to aj promotion. Concerns about perception Mr. Herring said it would be at the discretion oft the County Administrator to determine if Mrs. Flynn felt we can'ts say we. have the right person ifwe don'ts see who else is out there. Who may be interested and have necessary qualifications. Would not be aware if position is not Mr. Martin said he is comfortable either way but would like to see proposed wording. Mr. Barkley said he did not think a five-day advertising requirement would have any negative impact whatsoever. He felt the County Administrator should be allowed, within parameters of personnel policy, to build the best management team and provide flexibility to do SO. There is another side to this and that has to do with loyalty amongst staff, morale and the intrinsic feeling you have as manager to take certain actions to maintain operations as best you can. As long as that flexibility doesn't go away, five-day advertisement could only be a good thing. Mr. Barkley said it is important that his theoretical feeling about promotions prevails. He would be deciding what the merits ofaj promotion would be and what value that has to the county Mrs. Flynn suggested section D be reviewed and wording to open door for additional Mr. Cox agreed. through the motions and wastes other's time and money. of "ifyou stick around long enough you will get promoted". applicants should be called: in for interview or fill position from within. posted. staff. This is a tool that has to be there at his disposal. applicants be drafted. Action item for future meeting. RE: WHITE RUN RESERVOIR Mr. Barkley said the next public information meeting will be on September 25 at 6:30 p.m. in the county meeting room. There are recent analysis and data points to bej presented. RE: BROADBAND Mr. Herring said the next meeting will bei in September. Board of Supervisors August 22, 2017 Page 6 RE: LIAISON REPORTS will be the last date. for rezone on September 26. Board will meet in September. Mr. Martin encouraged everyone to stop by the farmers market and said September 16th Mr. Herring said the Planning Commission met last week. The Board will hear a request Mr. Frydl said this Friday is the annual Dragonfest at thei first home football game this year Mrs. Flynn said she will be meeting with representatives ofJABA and the Social Services RE: OTHER ITEMS FROM BOARD MEMBERS Mr. Frydl thought the bonding of edus was a great idea. Should be relatively simple. Mr. Martin agreed with Mr. Frydl saying this is a request the Board has heard many times. Mrs. Flynn thanked Dr. Whitmarsh and all involved for a successful and safe back to school. Also thanked Emergency Coordinator and first responders who were on hand on Saturday, August 12, the citizens of Greene County for the manner in which they conduct themselves, for continued communication with Board members through emails and phone calls and for respectful dialogue. The respect and tone of conversation makes her incredibly proud to be part of this community and incredibly proud to represent the Ruckersville district. RE: ADJOURN MEETING The meeting was adjourned. The next scheduled meeting ofthe Board of Supervisors will be on Tuesday, September 12, 2017: in the county meeting room. Michellel Chair Flynn, m-pPpua Greene County Board of Supervisors Board of Supervisors August 22, 2017 Attachment "A" RESOLUTION TO ACCEPT AND APPROPRIATE FOUR HUNDRED TWENTY-NINE DOLLARS AND EIGHTY- THREE CENTS FOR THE STERILIZATION PROGRAM FOR CATS & DOGS WHEREAS, the Animal Control Department for the County of Greene has received funding from the Department of Motor Vehicles for a sterilization program for cats & dogs; and WHEREAS, the funds in the amount of four hundred twenty-nine dollars and eighty-three cents ($429.83) need to be appropriated to the appropriate line item in the 2016-2017 budget of the County of Greene, Virginia. NOW, THEREFORE, IT IS HEREBY RESOLVED by the Board of Supervisors of the County of Greene, Virginia that four hundred twenty- nine dollars and eighty-three cents ($429.83) be appropriated to the 2016- 2017 budget ofthe County of Greene. BE IT FURTHER RESOLVED that the County Administrator of the County of Greene, Virginia is authorized to make the appropriate accounting adjustments in the budget to do all things necessary to give this resolution effect. Adopted this 22"d day of August, 2017. A Chaifman 1 AN - John C. Barkley, Clerk Board of Supervisors August 22, 2017 Attachment "B" RESOLUTION TO ACCEPT AND APPROPRIATE SIXTEEN THOUSAND ONE HUNDRED EIGHTY-TWO DOLLARS AND NINETY-NINE CENTS FOR THE STERILIZATION PROGRAM FOR DOGS & CATS WHEREAS, the Animal Shelter for the County of Greene has received funding from private donations for the sterilization program for dogs and cats; and WHEREAS, the funds in the amount of sixteen thousand one hundred eighty-two dollars and ninety-nine cents ($16,182.99) need to be appropriated to the appropriate line item in the 2016-2017 budget of the County of Greene, Virginia. NOW, THEREFORE, IT IS HEREBY RESOLVED by the Board of Supervisors of the County of Greene, Virginia that sixteen thousand one hundred eighty-two dollars and ninety-nine cents ($16,182.99) be appropriated to the 2016-2017 budget ofthe County of Greene. BE IT FURTHER RESOLVED that the County Administrator of the County of Greene, Virginia is authorized to make the appropriate accounting adjustments in the budget to do all things necessary to give this resolution effect. Adopted this 22"d day of August, 2017. mldpny Chairman John C. Barkley, Clerk / Board of Supervisors August 22, 2017 Attachment "O" RESOLUTION TO ACCEPT AND APPROPRIATE THREE THOUSAND FIVE HUNDRED TWENTY-FOUR DOLLARS AND EIGHTY-FIVE CENTS FOR ANIMAL SHELTER EXPENSES WHEREAS, the Animal Shelter for the County of Greene has WHEREAS, the funds in the amount of three thousand five hundred twenty-four dollars and eighty-five cents ($3,524.85) need to be appropriated to the appropriate line item in the 2016-2017 budget of the received funding from private donations for expenses; and County of Greene, Virginia. NOW, THEREFORE, BE IT AND IT IS HEREBY RESOLVED by the Board of Supervisors of the County of Greene, Virginia that three thousand five hundred twenty-four dollars and eighty-five cents ($3,524.85) be appropriated to the 2016-2017 budget ofthe County of Greene. BE IT FURTHER RESOLVED that the County Administrator of the County of Greene, Virginia is authorized to make the appropriate accounting adjustments in the budget to do all things necessary to give this resolution effect. Adopted this 22nd day of August, 2017. ichiple Mipin Chaiman - John C. Barkley, Clerk Board of Supervisors August 22, 2017 Attachment "D" RESOLUTION TO ACCEPT AND APPROPRIATE SEVEN THOUSAND ONE HUNDRED SEVENTY-FOUR DOLLARS AND THIRTY-EIGHT CENTS FOR SHERIFF EXPENSES WHEREAS, the Sheriff's Department for the County of Greene has WHEREAS, the funds in the amount of seven thousand one hundred seventy-four dollars and thirty-eight cents ($7,174.38) need to be appropriated to the appropriate line item in the 2016-2017 budget of the received funding from the State Government for expenses; and County of Greene, Virginia. NOW, THEREFORE, IT IS HEREBY RESOLVED by the Board of Supervisors of the County of Greene, Virginia that seven thousand one hundred seventy-four dollars and thirty-eight cents ($7,174.38) be appropriated to the 2016-2017 budget ofthe County of Greene. BE IT FURTHER RESOLVED that the County Administrator of the County of Greene, Virginia is authorized to make the appropriate accounting adjustments in the budget to do all things necessary to give this resolution effect. Adopted this 22nd day of August, 2017. ehDledipus Chaifman John C. Barkley, Clerk Board of Supervisors August 22, 2017 Attachment "E" RESOLUTION TO ACCEPT AND APPROPRIATE FIVE THOUSAND THREE HUNDRED THIRTY-THREE DOLLARS AND THIRTY-THREE CENTS AND FOR SHERIFF EXPENSES WHEREAS, the Sheriff's Department for the County of Greene has WHEREAS, the funds in the amount of five thousand three hundred thirty-three dollars and thirty-three cents ($5,333.33) need to be appropriated to the appropriate line item in the 2016-2017 budget of the County of received funding from the Federal Government for expenses; and Greene, Virginia. NOW, THEREFORE, IT IS HEREBY RESOLVED by the Board of Supervisors of the County of Greene, Virginia that five thousand three hundred thirty-three dollars and thirty-three cents ($5,333.33) be appropriated to the 2016-2017 budget ofthe County of Greene. BE IT FURTHER RESOLVED that the County Administrator of the County of Greene, Virginia is authorized to make the appropriate accounting adjustments in the budget to do all things necessary to give this resolution effect. Adopted this 22"d day of August, 2017. wnjuele Chairman Map :e 5 John C. Barkley, Clerk Board of Supervisors August 22, 2017 Attachment "F" RESOLUTION TO ACCEPT AND APPROPRIATE TWO THOUSAND FOUR HUNDRED DOLLARS AND SIXTY-THREE CENTS FROM THE STATE GOVERNMENT FOR FORFEITED ASSET PROGRAMS WHEREAS, the Office of the Commonwealth's Attorney of the County of Greene, Virginia has received funding from the State Government for expenses; and, WHEREAS, the following funds in the amount of two thousand four hundred dollars and sixty-three cents ($2,400.63) need to be accepted and appropriated to the 2016-2017 Operating Budget of the County of Greene, Virginia. NOW, THEREFORE, IT IS HEREBY RESOLVED by the Board of Supervisors oft the County of Greene, Virginia that the amount two thousand four hundred dollars and sixty-three cents ($2,400.63) be appropriated to the 2016-2017 Operating Budget oft the County of Greene, Virginia. BE IT FURTHER RESOLVED that the County Administrator of the County of Greene, Virginia is authorized to make the appropriate accounting adjustments in the budget and to do all things necessary to give this resolution effect. Adopted this 22"d day of August, 2017. ichlelpa Chairman - C John C. Barkley, Clerk Board of Supervisors August 22, 2017 Attachment "G" RESOLUTION TO ACCEPT AND APPROPRIATE THIRTY-SIX THOUSAND EIGHT HUNDRED NINETY-THREE DOLLARS AND NINETY CENTS FOR SHERIFF EXPENSES WHEREAS, the Sheriff's Department for the County of Greene has WHEREAS, the funds in the amount of thirty-six thousand eight hundred ninety-three dollars and ninety cents ($36,893.90) need to be appropriated to the appropriate line item in the 2016-2017 budget of the received funding from donations for expenses; and County of Greene, Virginia. NOW, THEREFORE, IT IS HEREBY RESOLVED by the Board of Supervisors of the County of Greene, Virginia that thirty-six thousand eight hundred ninety-three dollars and ninety cents ($36,893.90) be appropriated to the 2016-2017 budget ofthe County of Greene. BE IT FURTHER RESOLVED that the County Administrator of the County of Greene, Virginia is authorized to make the appropriate accounting adjustments in the budget to do all things necessary to give this resolution effect. Adopted this 22"d day of August, 2017. Mich0e Mupun Charrman 48 John C. Barkley, Clerk Board of Supervisors August 22, 2017 Attachment "H" RESOLUTION TO ACCEPT AND APPROPRIATE ONE THOUSAND FOUR HUNDRED TEN DOLLARS FOR SHERIFF FEES WHEREAS, the Sheriff's Department for the County of Greene has WHEREAS, the funds in the amount of one thousand four hundred ten dollars ($1,410.00) need to be appropriated to the appropriate line item collected fees; and in the 2016-2017 budget oft the County of Greene, Virginia. NOW, THEREFORE, IT IS HEREBY RESOLVED by the Board of Supervisors of the County of Greene, Virginia that of one thousand four hundred ten dollars ($1,410.00) be appropriated to the 2016-2017 budget of the County of Greene. BE IT FURTHER RESOLVED that the County Administrator of the County of Greene, Virginia is authorized to make the appropriate accounting adjustments in the budget to do all things necessary to give this resolution effect. Adopted this 22"d day of August, 2017. lichidlo Sypa Chairman John C. Barkley, Clerk Board of Supervisors August 22, 2017 Attachment "I" RESOLUTION TO ACCEPT AND APPROPRIATE TWENTY-EIGHTTHOUSAND ONE HUNDRED NINETY-FOUR DOLLARS AND FORTY-ONE CENTS FOR INSURANCE RECOVERIES WHEREAS, the County of Greene has received funding for insurance WHEREAS, the funds in the amount of twenty-eight thousand one hundred ninety-four dollars and forty-one cents ($28,194.41) need to be appropriated to the appropriate line item in the 2016-2017 budget of the recoveries; and County of Greene, Virginia. NOW, THEREFORE, IT IS HEREBY RESOLVED by the Board of Supervisors of the County of Greene, Virginia that of twenty-eight thousand one hundred ninety-four dollars and forty-one cents ($28,194.41) be appropriated to the 2016-2017 budget of the County of Greene. BEI IT FURTHER RESOLVED that the County Administrator of the County of Greene, Virginia is authorized to make the appropriate accounting adjustments in the budget to do all things necessary to give this resolution effect. Adopted this 22nd day of August, 2017. acl Xo - Chairman AL John C Barkley, Clerk Board of Supervisors August 22, 2017 Attachment "J" RESOLUTION TO ACCEPT AND APPROPRIATE TWENTY-TWO THOUSAND FIVE HUNDRED DOLLARS FOR PROFFERS WHEREAS, the County of Greene has received proffers from various WHEREAS, the funds in the amount of twenty-two thousand five hundred dollars ($22,500.00) need to be appropriated to the appropriate line item in the 2016-2017 budget ofthe County of Greene, Virginia. developers; and NOW, THEREFORE, IT IS HEREBY RESOLVED by the Board of Supervisors of the County of Greene, Virginia that of twenty-two thousand five hundred dollars ($22,500.00) be appropriated to the 2016-2017 budget ofthe County of Greene. BE IT FURTHER RESOLVED that the County Administrator of the County of Greene, Virginia is authorized to make the appropriate accounting adjustments in the budget to do all things necessary to give this resolution effect. Adopted this 22"d day of August, 2017. mickulle Supa Chapman 1 John C Barkley, Clerk Board of Supervisors August 22, 2017 Attachment "K" RESOLUTION TO ACCEPT AND APPROPRIATE ONE HUNDRED DOLLARS FOR VICTIM WITNESS PROGRAM EXPENSES WHEREAS, the Victim Witness Program for the County of Greene WHEREAS, the funds in the amount ofone hundred dollars ($100.00) need to be appropriated to the appropriate line item in the 2016-2017 budget has received funding from private donations for expenses; and ofthe County of Greene, Virginia. NOW, THEREFORE, BE IT AND IT IS HEREBY RESOLVED by the Board of Supervisors of the County of Greene, Virginia that one hundred dollars ($100.00) be appropriated to the 2016-2017 budget of the County of Greene. BE IT FURTHER RESOLVED that the County Administrator of the County of Greene, Virginia is authorized to make the appropriate accounting adjustments in the budget to do all things necessary to give this resolution effect. Adopted this 22"d day of August, 2017. ickello lypav Chaitman John C. Barkley,Clerk Board of Supervisors August 22, 2017 Attachment "L" RESOLUTION TO ACCEPT AND APPROPRIATE DOLLARS FOR ADDITIONAL EXPENSES TWO HUNDRED SIXTY THOUSAND ONE HUNDRED FOURTEEN WHEREAS, the County of Greene had additional expenses; and WHEREAS, the funds in the amount of two hundred sixty thousand one hundred fourteen dollars ($260,114.00) need to be appropriated to the appropriate line item in the 2016-2017 budget of the County of Greene, Virginia. NOW, THEREFORE, IT IS HEREBY RESOLVED by the Board of Supervisors of the County of Greene, Virginia that two hundred sixty thousand one hundred fourteen dollars ($260,114.00) be appropriated to the 2016-2017 budget oft the County of Greene. BE IT FURTHER RESOLVED that the County Administrator of the County of Greene, Virginia is authorized to make the appropriate accounting adjustments in the budget to do all things necessary to give this resolution effect. Adopted this 22md day of August, 2017. mululle Chairman Ruya John C Barkley, Clerk Board of Supervisors August 22, 2017 Attachment "M" RESOLUTION TO ACCEPT AND APPROPRIATE FOUR HUNDRED SEVENTY-SEVEN THOUSAND ONE HUNDRED EIGHTY-THREE DOLLARS AND THIRTY-EIGHT CENTS FROM THE STATE/ FEDERAL GOVERNMENTS AND PRIVATE DONATIONS FOR CARRYOVER PROGRAMS WHEREAS, the Board of Supervisors of the County of Greene, Virginia has WHEREAS, the following funds in the amount of four hundred seventy-seven thousand one hundred eighty-three dollars and thirty-eight cents ($477,183.38) need to be accepted and appropriated to the 2017-18 Operating Budget of the County of Greene, received grant funding and private donations for various programs; and, Virginia: Program Donations-Sherift Donations-Animal Shelter Donations-Victim Witness Sterilization Program DMV Overtime - Alcohol Grant Asset Forfeiture-Federal-Sheriff Asset ForeltureSlate-Shent: Asset Forfeiture-State-Commonwealth Attny Recreation Facilities Byrne Justice Assistance Grant Bullet ProofVest Grant DMV Overtime - Speed Grant Amount $2 20,984.95 $107,255.20 $ 133.62 11,892.46 1,981.52 6,971.30 1 13,941.80 6,319.54 13,312.05 1,528.00 2,425.92 1,818.02 $288,619.00 Proffers NOW, THEREFORE, IT IS HEREBY RESOLVED by the Board of Supervisors of the County of Greene, Virginia that the amount of four hundred seventy-seven thousand one hundred eighty-three dollars and thirty-eight cents ($477,183.38) to be received from the above programs be accepted and appropriated to the appropriate line items in the 2017-18 Operating Budget ofthe County ofGreene, Virginia. BE IT FURTHER RESOLVED that the County Administrator of the County of Greene, Virginia is authorized to make the appropriate accounting adjustments in the budget and to do all things necessary to give this resolution effect. Adopted this 22nd day of August, 2017. Chafman mpl.pip - John C. Barkley, Clerk Board of Supervisors August 22, 2017 Attachment "N" August 22, 2017 Board of Supervisors of Greene County, Virginia VPSA Pooled. Fall Sale-2017 RESOLUTION AUTHORIZING THE ISSUANCE OF AI NOT TO EXCEED $28,160,000 GENERAL OBLIGATION SCHOOL BOND OFTHE COUNTY OF GREENE, VIRGINIA, TOI BE SOLD1 TO' THE VIRGINIA PUBLIC SCHOOL AUTHORITY AND PROVIDING FOR' THE: FORM. AND DETAILSTHEREOF WHIEREAS, thel Board of Supervisors (the Board") ofthe County of Greene, Virginia (the "County"), has determined that it is necessary and expedient to borrow an amount not to exceed $28,160,000 and toi issuei its general obligation school bond (as more: specificallydefined below, the "Bond") for the purpose of financing certain capital projects for school purposes to pay all or any portion of costs to () acquire, construct, reconstruct, improve, modernize, upgrade, and equip public school facilities in Greene County, including dining, kitchen, media center, adaptive classrooms, and courtyard infill at William Monroe High School; dining, kitchen, media center, adaptive classrooms, and administrative offiçes at William Monroe Middle School; reconfiguration ofMonroe Drive on the Stanardsville campus; parking and safety improvements to the Stanardsville and Ruckersville campuses; and to construct and equip other school improvement projects for public school purposes in the County, and (ii) pay other preliminary costs and costs ofissuance in connection with such undertakings (collectively, the "Project"); WHEREAS, the County held a public hearing, duly noticed, on August 22, 2107, on the issuance of the Bond in accordance with the requirements of Section 15.2-2606, Code of Virginia 1950, as amended (the Virginia Code"); WHEREAS, the School Board of the County has, by resolution duly adopted on August 9, 2017, requested the Board to authorize the issuance of the Bond and consented to the issuance of thel Bond; WHEREAS, Virginia Public School Authority ("VPSA") has offered to purchase the Bond along with thel local school bonds of certain other localities with aj portion ofthe proceeds of certain bonds tol bei issued by VPSA in thei fall of2017 (the "VPSA Bonds"); WHEREAS, the Bond Sale Agreement (as defined below) shall indicate that up to $26,820,000 is the amount of proceeds requested (the Proceeds Requested") from VPSA in connection with thes sale oft thel Bond; and WHEREAS, VPSA's objective is toj pay the County a purchase price for the Bond which, in VPSA's judgment, reflects the market value of the Bond (the "VPSA Purchase Price Obiective"), taking into consideration of such factors as the amortization schedule the County has requested for the Bond relative to the amortization schedules requested by other localities, the purchase price to bei received by VPSA for its bonds and other market conditions relating to the sale ofthe VPSA'sb bonds; I WFIEREAS, such factors may result in the Bond having a purchase price other than par and consequently (i) the County may have to issue the Bond in a principal amount that is greater than or less than the Proceeds Requested in order to receive an amount of proceeds that is substantially equal to the Proceeds Requested, or (ii): ift the maximum authorized principal amount of the Bond set forth in section 1 below does not exceed the Proceeds Requested by at least the amount of any discount, the purchase price to be paid to the County, given the VPSA Purchase Price Objective and market conditions, will bel less than thel Proceeds Requested; WHEREAS, the County now desires to declare its intent to use all or any portion oft the proceeds of one or more tax-exempt obligations tol be issued, in one or more series, to reimburse certain expenditures in connection with the Project, among other things, all as required by federal tax laws, including Treasury Regulations $ 1.150-2 in the Internal Revenue Code of 1986, as amended (the "Code"), all as further described below. NOW,THEREFORE, BE IT RESOLVED BY THE: BOARD OF SUPERVISORS OF THE COUNTY OF GREENE, VIRGINIA: 1. Authorization of] Bond and Use of Proceeds. The Board hereby determines that it is advisable to contract a debt and issue and sell its general obligation school bond in a principal amount not to exceed $28,160,000 (the "Bond") for thej purpose of financing thel Project. The Board hereby authorizes the issuance and sale of the Bond in the form and upon the terms established pursuant to this Resolution. 2. Sale of the Bond. The sale of the Bond, within the parameters set forth in Section 4 of this Resolution, to VPSA is authorized. Given the VPSA Purchase Price Objective and market conditions, the County acknowledges that the limitation on the maximum principal amount on the Bond set forth in Section 1 ofthis Resolution restricts VPSA's ability to generate the Proceeds Requested, however, the Bond may be sold for aj purchase price not lower than 95% of the Proceeds Requested. The Chair or the Vice Chair of the Board, or the County Administrator, any one or more of whom may act (whether individually or collectively, "County Representative"), and such other officer or officers of the County as any of them may designate, are. hereby authorized and directed to enter into an agreement with VPSA providing for the sale of the Bond to VPSA (the "Bond Sale Agreement"). The Bond Sale Agreement shall be in substantially the form submitted to' the Board at this meeting, which form is hereby approved, with such completions, insertions, omissions, and changes not inconsistent with this Resolution as may be approved by the County Representative executing thel Bond Sale. Agreement. 3. Details of the Bond. The Bond shall be dated 16 days prior to the date of its issuance and delivery or such other date designated by VPSA; shall be designated "General Obligation School Bond, Series 2017"; shall bear interest from its dated date payable semi-annually on each January 15 and July 151 beginning July 15, 2018 (each an "Interest Payment Date"), at the rates established in accordance with Section 4 of this Resolution; shall mature on July 15 in the years (each a "Principal Payment Date") and in the amounts acceptable to the County Representative (the "Principal Installments"), subject to the provisions of Section 4 of this 2 Resolution. 4. Interest Rates and Principal Installments. Each County Representative is hereby authorized and directed to accept the interest rates on the Bond established by VPSA, provided that each interest rate shall be five one-hundredths of one percent (0.05%) over the interest rate to be paid by VPSA for the corresponding principal payment date oft the VPSA Bonds, aj portion of the proceeds ofv which will bei used toj purchase the Bond, and provided further that the true interest cost ofthel Bond does not exceed five and fifly one-hundredths perçent (5.50%) per annum. The Interest Payment Dates and the Principal Installments are subject to change at the request ofVPSA. Each County Representative is hereby authorized and directed to accept changes in the Interest Payment Dates and the Principal Installments at the request of VPSA based on1 the final term to maturity of the VPSA Bonds, requirements imposed on VPSA by the nationally-recognized rating agencies and the final principal amount of the Bond; provided, however, that the principal amount of the Bond shall not exceed the amount authorized by this Resolution and the final maturity of the Bond shall not exceed 25 years from the date of the issuance and delivery of the Bond. The execution and delivery of the Bond as described inj paragraph 8 hereof shall conclusively evidence the approval and acceptance of all oft the details of the Bond by the County Representative as authorized by this Resolution. 5. Form of the Bond. The Bond shall be initially in the form of a single, temporary 6. Payment: Paving Agent and Bond Registrar. The following provisions shall typewritten bond substantially: in the form attached hereto as ExhibitA apply to the Bond: (a) For as long as VPSA is the registered owner of the Bond, all payments of principal, premium, if any, and interest on the Bond shall be made in immediately available funds to VPSA at, or before 11:00 a.m. on the applicable Interest Payment Date, Principal Payment Date or date fixed for prepayment or redemption, ori ifsuch date is not al business day for Virginia banks or for the Commonwealth of Virginia, then at or before 11:00 a.m. on the business day next succeeding such Interest Payment Date, Principal Payment Date or date fixed for prepayment or redemption. (b) All overdue payments of principal and, to the extent permitted by law, (c) U.S. Bank National Association, Richmond, Virginia, is designated as Bond interest shall bear interest at the applicablei interest rate or rates on the Bond. Registrar and Paying Agent for the Bond. The County may, in its sole discretion, replace at any time the Bond Registrar with another qualified bank or trust company as successor Bond Registrar and Paying Agent for the Bond. The County shall give prompt notice to VPSA ofthe appointment ofany successor. Bond Registrar and Paying Agent. 7. Prepayment or Redemption. The Principal Installments of the Bond held by VPSA coming due on or before July 15, 2027, and the definitive bond for which the Bond held by VPSA may be exchanged that mature on or before July 15, 2027, are not subject to prepayment or 3 redemption prior to their stated maturities. The Principal Installments oft the Bond held by VPSA coming due on or after. July 15, 2028, and the definitive bond(s) for which the Bond held by VPSA may be exchanged that mature on or after. July 15, 2028, are: subject toj prepayment or redemption at the option of the County prior to their stated maturities in whole or inj part, on any date on or after July 15, 2027, upon payment of the prepayment or redemption prices (expressed as percentages of Principal Installments to be prepaid or the principal amount of the Bond to be redeemed) set forth below plus accrued interest to the date set forj prepayment or redemption: Dates Prices 101% 100% 100 July 15,2027 through July 14, 2028 July 15,2028 through July 14, 2029 July 15, 2029 and thereafter Provided, however, that the Principal Installments of the Bond shall not be subject to prepayment ori redemption prior to their stated maturities as described above without first obtaining the written consent ofVPSA or other registered owner oft the Bond. Notice of any such prepayment ori redemption shall be given by the Bond Registrar to VPSA or other registered owner by registered mail not more than ninety (90) and not less than sixty (60) days before the date fixed for prepayment or redemption. IfVPSA refunds the VPSA Bonds in the future and such refunding causes the Bond to be deemed refunded, the prepayment or redemption oft the Bond will be subject to VPSA approval and subject to similar prepayment or redemption provisions as set forth above that correspond to the call period ofthe VPSA bonds issued inj part to refund thel Bond. 8. Execution of the Bond. The Chair or Vice Chair of the Board, either of whom: may act, and the Clerk or any Deputy Clerk of the Board, are authorized and directed to execute and deliver the Bond and to affix the seal oft the County thereto. 9. Pledge of Full Faith and Credit. For the prompt payment of the principal of, premium, ifany, and the interest on the Bond as the same shall become due, the full faith and credit oft the County are hereby irrevocably: pledged, and in each year while any portion ofthe Bond shall be outstanding there shall be levied and collected in accordance with law an annual ad valorem tax upon all taxable property in the County subject to local taxation sufficient in amount toj provide for thej payment oft the principal of and premium, ifany, and the interest on the Bond as such principal, premium, if any, and interest shall become due, which tax shall be without limitation as to rate or amount and in addition to all other taxes authorized to be levied in the County to the extent other funds of the County are not lawfully available and appropriated for such purpose. 10. Use of Proceeds Certificate and Tax Compliance Apreement. The County Representative, the County Finance Director, and such other officer or officers of the County or School Board as either of them may designate are hereby authorized and directed to execute and deliver on behalf of the County a Use of Proceeds Certificate and Tax Compliance Agreement (together, the "Tax Compliance Agreement") setting forth the expected use and investment of the proceeds of the Bond and containing such covenants as may be necessary in order to show 4 compliance with the provisions of the Internal Revenue Code of 1986, as amended (the "Code") and applicable regulations relating to the exclusion from gross income of interest on the VPSA Bonds. The Board covenants on behalf oft the County that (i) the procceds from the issuance and sale ofthel Bond willl be invested and expended as set forthi ins such' Tax Compliance Agreement and that the County shall comply with the other covenants and representations contained therein and (ii) the County shall comply with the provisions of the Code sO that interest on the VPSA Bonds will remain excludable from gross income for federal income tax purposes, 11. State Non-Arbitrage Program: Proceeds Agreement. The Board hereby determines that it is in the best interests oft the County to authorize and direct the County Treasurer and the County Finance Director, either or both of whom may act, to participate in the State Non-Arbitrage Program in connection with the Bond. The County Representative, the County Treasurer, the County Finance Director, and such officer or officers of the County as any of them may designate, are hereby authorized and directed to execute and deliver a Proceeds Agreement with respcct to the deposit and investment of proceeds of the Bond by and among the County, the other participants in the sale of the VPSA Bonds, VPSA, the investment manager and the depository. 12. Continuing Disclosure Agreement. The County Representative and such other officer or officers ofthe County as any oft them may designate are hereby authorized and directed to execute a Continuing Disclosure Agreement, as set forth in Appendix D to the Bond Sale Agreement, setting forth the reports and notices to be filed by the County and containing such covenants as may be necessary in order to show compliance with the provisions of the Securities and Exchange Commission Rule 15c2-12, under the Securities Exchange. Act of1934, as amended, and directed to make all filings required by Section 3 of the Bond Sale Agreement should the County be determined byt the VPSA tol be al MOP (as defined in the Bond Sale Agreement). 13. Refunding. The Board hereby acknowledges that VPSA may issue refunding bonds to refund any bonds previously issued by VPSA, including the VPSA Bonds issued to purchase the Bond, and that thej purpose ofs such refunding bonds would be to enable VPSA to pass on annual debt service savings to the local issuers, including the County. The County Representative: is authorized to execute and deliver to VPSA such allonge to thel Bond, revised debt service schedule, IRS Form 8038-G, or such other documents reasonably deemed necessary by VPSA and VPSA's bond counsel to be necessary to reflect and facilitate the refunding of the Bond and the allocation of the annual debt service savings to the County by VPSA. The Clerk to the Board or any Deputy Clerk is authorized to affix the County's seal on anys such documents and attest or countersign the same. 14. Reimbursement Matters. The County or the School Board of the County (whether individually or collectively, the "County") has paid/has caused to bej paid, beginning no earlier than 60 days prior to adoption hereofand will pay/will cause to be paid, on and after the date hereof, certain expenditures (the "Expenditures") in connection with the Project. Further, it has been determined that those moneys previously advanced no more than sixty (60) days prior to the date hereof and to be advanced on and after the date hereof to pay the Project related Expenditures are available only for a temporary period and it shall be necessary to reimburse the County for the Expenditures from the proceeds of one or more issues oft tax-exempt obligations. 5 Accordingly, the County hereby declares its intent to reimburse certain expenditures with all or any portion of the proceeds thereof for the Expenditures with respect to the Project made no earlier than sixty (60) days prior to the adoption hereof. The County reasonably expects on the date hereof that it will reimburse the Expenditures with the proceeds of such tax-exempt obligations, and will make (or will cause to be made) a reimbursement allocation, which is a written allocation that evidences the use of proceeds thereof to reimburse the Expenditures, no later than 18 months after the later of the date on which the Expenditure(s) is/are paid or the Project is placed in service or abandoned, but in no event more than three (3): years after the date on which the Expenditure(s) is/are paid. This declaration of intent to reimburse, as required by Federal tax laws, shall take effect immediately. 15. Filing of Resolution; Election under Public Finance Act. The appropriate officers or agents oft the County are. hereby authorized and directed to cause a certified copy of this Resolution tol be filed with the Circuit Court of Greene County, Virginia. 16. Election to Proceed under Public Finance Act. In accordance with Section 15.2- 2601 of the Virginia Code, the Board elects to issue the Local School Bond pursuant to the provisions ofthel Public Finance. Act of1991, Chapter 26 ofTitle 15.2 ofthe Virginia Code. 17. Further Actions. The members oft the Board and all officers, employees and agents oft the County are hereby authorized to take such action as they or any one of them may consider necessary or desirable in connection with thei issuance and sale oft the Bond and otherwise in further ofthis Resolution, and any such action previously takeni isl herebyratified and confirmed. 18. Effective Date. This] Resolution shall take effect immediately. Adopted: August 22, 2017 Chair/V Vice Chair, CountyofGreene, Virginia 6 CERTIFICATE OF VOTES The undersigned Clerk of the Board of Greene County, Virginia, hereby certifies that the foregoing constitutes a true and correct copy of the foregoing Resolution adopted by the Board at a duly called regular meeting on the date hereof at which a quorum was present, after thel holding ofad duly noticed public hearing therefor, and that the record oft the roll-call vote is as follows: NAME AYE NAY ABSTAIN ABSENT A. Michelle Flynn, Chair Dale R. Herring, Vice Chair William Martin James F. Frydl David L. Cox Date: August 22, 2017 [SEAL] Clerk of Board of Supervisors County of Greene, Virginia 7 EXHIBIT A DBAFT (FORM OF TEMPORARY BOND) NO.TR-1 $ UNITED STATES OF AMERICA COMMONWEALTH OF VIRGINIA COUNTY OF GREENE General Obligation School Bond Series 2017 Dated Date: October [16d daysprior toi issuancel, 2017 Issue Date: November 2017 The COUNTY OF GREENE, VIRGINIA (the "County"), for value received, hereby acknowledges itself indebted and promises to pay to the VIRGINIA PUBLIC SCHOOL AUTHORITY ("VPSA") the principal amount of DOLLARS (S in annual installments in the amounts set forth on ScheduleIa attached hereto payable on July15, 20_ and annually on July 15 thereafter to and including July15, . 20 (each a "Principal Payment Date"), together with interest from the dated date of this Bond on the unpaid installments, payable semi-annually on January 15 and July 15 of each year, commencing on July 15, 2018 (each an "Interest Payment Date"; together with any Principal Payment Date, a Payment Date"), at the rates per annum set forth on Schedule I attached hereto, subject to prepayment or redemption as. hereinafter provided. Principal of and interest and premium, if any, on this Bond are payable in lawful money of the United States of America. For as long as VPSA is the registered owner oft this Bond, U.S. Bank National Association, as bond registrar and paying agent (the "Bond Registrar"), shall make all payments of the principal of and interest and premium, if any, on this Bond, without the presentation or surrender hereof, to A-1 VPSA, in immediately available funds at or before 11:00 a.m. on the applicable Payment Date or date fixed for prepayment or redemption. Ifa Payment Date or date fixed for prepayment or redemption is not a business day for banks in the Commonwealth of Virginia or for the Commonwealth of Virginia, then the payment of the principal of and interest and premium, if any, on this Bond shall be made in immediately available funds at or before 11:00 a.m. on the business day next succeeding the scheduled Payment Date or date fixed for prepayment or redemption. Upon receipt by the registered owner oft this Bond of said payments of principal, premium, if any, and interest, written acknowledgment. of the receipt thereof shall be given promptly to the Bond Registrar, and the County shall bei fully discharged ofi its obligation on thisl Bond to the extent ofthe payment sO made. Upon final payment, this Bond shall be surrendered to the Bond Registrar for cancellation. The full faith and credit of the County are irrevocably pledged for the payment of the principal of and the premium, if any, and interest on this Bond. The resolution adopted by the Board of Supervisors authorizing the issuance oft this Bond provides, and Section 15.2-2624, Code of Virginia 1950, as amended (the "Virginia Code"), requires, that there shall be levied and collected an annual tax upon all taxable property int the County subject tol local taxation sufficient to provide for the payment of the principal of and interest and premium, if any, on this Bond as the same shall become due which tax shall be without limitation as to rate or amount and shall be in addition to all other taxes authorized to be levied in the County to the extent other funds of the County are not lawfullyavailable: and appropriated for such purpose. This Bond is duly authorized and issued in compliance with and pursuant to the Constitution and laws oft the Commonwealth of Virginia, including thel Public Finance Act of1991, Chapter 26, Title 15.2 of the Virginia Code, and resolutions duly adopted by the Board of A-2 Supervisors oft the County and the School Board oft the County to provide funds for capital projects for school purposes. This Bond may be exchanged without cost, on twenty (20) days written notice from the VPSA, at the office of the Bond Registrar on one or more occasions. for one or more temporary bonds or definitive bonds in marketable form and, in any case, in fully registered form, in denominations of $5,000 and whole multiples thereof, and having an equal aggregate principal amount, having principal installments or maturities and bearing interest at rates corresponding to the maturities of and the interest rates on the installments of principal of this Bond then unpaid. This Bond is registered in the name of the VPSA on the books of the County kept by the Bond Registrar, and the transfer of this Bond may be effected by the registered owner oft this Bond only upon due execution of an assignment by such registered owner. Upon receipt of such assignment and the surrender of this Bond, the Bond: Registrar shall exchange this Bond for definitive bonds as hereinabove provided, such definitive bonds tol be registered on such registration books in the name oft the assignee or assignees named in such assignment. The principal installments of this Bond coming due on or before July 15, 2027 and the definitivel bonds for which this Bond may be exchanged that mature on or before. July 15, 2027, are not subject to prepayment or redemption prior to their stated maturities. The principal installments of this Bond coming due on or after July 15, 2028, and the definitive bonds for which this Bond may be exchanged that mature on or after July 15, 2028, are subject to prepayment or redemption at the option oft the County prior to their stated maturities in whole or in part, on any date on or after July 15, 2027, upon payment of the prepayment or redemption prices (expressed as percentages of principal installments to be prepaid or the principal amount oft this Bond to be redeemed) set forth below plus accrued interest to the date set for prepayment or redemption: A-3 Dates Prices 101% 100% 100 July15,2027 through July 14, 2028 July15,2028 through July 14, 2029 July15,2029 and thereafter Provided, however, that the principal installments of this Bond shall not be subject to prepayment or redemption prior to their stated maturities as described above without the prior written consent ofVPSA or other registered owner oft this Bond. Notice of any such prepayment or redemption shall be given by the Bond Registrar to VPSA or other registered owner by registered mail not more than ninety (90) and not less than sixty (60) days before the date fixed for prepayment or redemption. If VPSA refunds its bonds issued in part to purchase this Bond in the future and such refunding causes this Bond to be deemed refunded, the prepayment or redemption of this Bond will be subject to VPSA approval and subject to similar prepayment or redemption provisions as set forth above that correspond to the call period oft the VPSA bonds issued inj part to refund this Bond. All acts, conditions and things required by the Constitution and laws oft the Commonwealth ofVirginia to happen, exist or bej performed precedent to and in the issuance ofthis Bond havel hap- pened, exist and have been performed in due time, form and manner as sO required, and this Bond, together with all other indebtedness of the County, is within every debt and other limit prescribed by the Constitution and laws oft the Commonwealth ofVirginia. A-4 IN WITNESS WHEREOF, the Board of Supervisors of the County of Greene has caused this Bond to be issued in the name of the County of Greene, Virginia, to be signed by its Chair or Vice Chair, its seal to be affixed hereto and attested by the signature ofits Clerk or any ofits Deputy Clerks, and this Bond to be dated October [16 days prior to the closing date], 2017. COUNTY OF GREENE, VIRGINIA (SEAL) ATTEST: DBAFT DBAFT Clerk, Board of Supervisors oft the CountyofGreene, Virginia Chairman, Board of Supervisors ofthe CountyofGreene, Virginia A-5 ASSIGNMENT FOR VALUE RECEIVED, thet undersigned sells, assigns and transfers unto DBAFT (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE) PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF. ASSIGNEE: the within Bond and irrevocably constitutes and appoints attorney to exchange said Bond for definitive bonds in lieu of which this Bond is issued and to register the transfer of such definitive bonds on the books kept for registration thereof, with full power ofsubstitution in thej premises. Date: Registered Owner Signature Guaranteed: (NOTICE: The signature above must correspond with the name of the Registered Owner as it appears on the front ofthis Bond in every particular, without alteration or (NOTICE: Signature(s) must be guaranteed by an "eligible guarantor institution" meeting the requirements of the Bond Registrar which requirements will include Membership or participation in STAMP or such other "signature guarantee program" as may be determined by the Bond Registrar in addition to, or in substitution for, STAMP, all in accordance with the Securities Exchange Act change. of1934, as amended. A-6