Bachelors Hall VFD - Tax Exempt StatusPITTSYLVANIA COUNTY BOARD OF SUPERVISORS
RESOLUTION
2007-01-04
WHEREAS, the Pittsylvania County Board of Supervisors under the United States
Internal Revenue Code receives a $10-million dollar allocation for tax exempt bonds each year;
and
WHEREAS, the tax exempt bonds cover boards, agencies and commissions under the
Board of Supervisors; and
WHEREAS, the Bachelors' Hall Volunteer Fire Department is an authorized Volunteer
Fire Department identified in Section 31-2.1 of the Pittsylvania County Code 1950, as amended,
authorizing them to participate in financing on tax exempt status for equipment utilized by the
Volunteer Fire Department for public use; and
WHEREAS, the Bachelors Hall Volunteer Fire Department has held a public hearing
on the financing after publishing the: required notice by code; then
BE' IT HEREBY RESOLVED, that the Board of Supervisors of Pittsylvania County
hereby approve .the Bachelors Hall Volunteer Fire Department entering into a financial
agreement. as required under the United States Internal..Revenue Code for financing to be carried
out on a tax exempt basis in the amount not to exceed $117,000 for a Fire Truck; and
BE IT FURTHER RESOLVED, that the a copy of this resolution be forwarded to the
Bachelors Hall Volunteer Fire Department in order to supplement their financing requirements.
Given under my hand this 16~` day of January 2007.
Board of Supervisors
oy E. Harville, Chair
Pittsylvania County Board of Supervisors