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October 23 2019 Board_Agenda_PacketAGENDA REGULAR MEETINGBOARD OF SUPERVISORS WEDNESDAY, OCTOBER 23, 2019 7:00 PM BOARD MEETING ROOM 107 NORTH KENT STREET, WINCHESTER, VIRGINIA 22601 1.Call to Order 2.Invocation 3.Pledge of Allegiance 4.Adoption of Agenda 5.Citizen Comments – For agenda items that are not the subject of a Public Hearing 6.Consent Agenda 6.A.Minutes of Closed Session and Regular Meeting of October 9, 2019 MinutesClosedSessionBOS191009.pdf MinutesRegularMeetingBOS191009.pdf 6.B.Finance Committee Report of 10-16-19 FinanceCommReportOctober2019.pdf 6.C.Parks & Recreation Commission Report of 10-8-19 Parks&RecreationCommissionReportOctober2019.pdf 1 MEETING AGENDA PAGE 2 Frederick County Board of Supervisors WEDNESDAY, OCTOBER 23, 2019 7.Board of Supervisors Comments 8.County Officials 8.A.Committee Appointments Extension Leadership Council 1. 4-year term as Red BudDistrict Representative is vacant (See attached application ofJerry Fout) Economic Development Authority 2. 4-year term or Gary Lofton expires 11/10/19 (One member of the Authority may be a member of the Board of Supervisors.Mr. Lofton iseligible for reappointment if theBoard so desires, however, the Board would no longer have direct representationon the EDA.) CommitteeAppointmentsMemo(102319BdMtg).pdf 2 MEETING AGENDA PAGE 3 Frederick County Board of Supervisors WEDNESDAY, OCTOBER 23, 2019 9.Committee Business 9.A.Finance Committee (*)Items 2, 4, and 5 were approved on committee consent agenda. 1. The FCPS Director of Finance requests $1,388,520.16 unspent in the School Operating Fund in FY19 to be carried forward to FY20. Of this amount, $347,857.06 represents restricted grant funds received, and $1,040,663.10 represents an unobligated surplus to be used for 10 school buses.The committee recommends approval of a transfer from the County Capital Fund to the School Operating Fund in the amount of $347,857.06, and atransfer from the County Capital Fund to the School Capital Fund in the amount of $1,040,663.10. 2. (*) The Sheriff request a General Fund supplemental appropriation in the amount of $2,550. This amount represents proceeds from the sale of an out of service cruiser to be used toward the purchase of a replacement. No local funds are required. Approved on committee consent agenda. 3. The Public Works Director request a Shawneeland Fund supplemental appropriation in the amount of $30,000. This amount represents a carry forward of unspent FY19 funds to be used for the construction of additional office space. The Public Works Committee has approved.The committee recommends approval. 4. (*)The Public Works Director requests a General Fund supplemental appropriation in the amount of $3,000. This amount represents restitution paid for the shelter providing care for three dogs for 106 days. No local funds required.Approved on committee consent agenda. 5. (*)The Solid Waste Manager requests a General Fund supplemental appropriation in the amount of $3,245. These funds represent two grants received: Keep Virginia Beautiful and the Chesapeake Bay Restoration Fund. No local funds required. Approved on committee consent agenda. 6. The Deputy County Administrator requests a General Fund supplemental appropriation in the amount of $102,000. This amount represents the maintenance and operation of Sunnyside Plaza. No local funds required.The committee recommends approval. 3 MEETING AGENDA PAGE 4 Frederick County Board of Supervisors WEDNESDAY, OCTOBER 23, 2019 10.Public Hearings (Non Planning Issues) PROPOSEDSCHOOL BOND FINANCINGSBY THE BOARD OF 10.A. SUPERVISORS OFTHE COUNTY OF FREDERICK, VIRGINIA Notice is hereby given that the Board of Supervisors (the "Board") of the County of Frederick, Virginia (the "County") will hold a public hearing in accordance with Section 15.2-2606 of the Code of Virginia of 1950, as amended, on the issuance of general obligation school bonds (the "Bonds") of the County in an aggregate principal amount not to exceed $3,200,000 to finance certain capital projects for public school purposes, consisting primarily of the construction and equipping of a replacement Robert E. Aylor Middle School and costs of issuing the Bonds. A resolution authorizing the issuance of the Bonds will be considered by the Board at its meeting on Wednesday, October 23, 2019. FrederickVPSA-Fall2019-Resolution(BOS)(Aylor Middle School).pdf 11.Planning Commission Business -Public Hearings -None 12.Planning Commission Business -Other Planning Business –None 13.Board Liaison Reports 14.Citizen Comments 15.Board of Supervisors Comments 16.Adjourn 4 5 MINUTES CLOSED SESSION FREDERICK COUNTY BOARD OF SUPERVISORS WEDNESDAY, OCTOBER 9,2019 6:15P.M. BOARD ROOM, COUNTY ADMINISTRATION BUILDING 107 NORTH KENT STREET, WINCHESTER, VIRGINIA ATTENDEES Board of Supervisors: Charles S. DeHaven, Jr., Chairman; Gary A. Lofton, Vice Chairman; Blaine P. Dunn; Judith McCann-Slaughter;J. Douglas McCarthy; Shannon G. Trout andRobert W. Wells were present. Staff present: Kris C. Tierney, County Administrator; Jay E. Tibbs, Deputy County Administrator; and Roderick B. Williams, County Attorney; CALL TO ORDER Chairman DeHaven called the meeting to order at 6:15p.m. CLOSED SESSION Vice Chairman Lofton moved that the Board of Supervisors convene in closed session pursuantto Section 2.2-3711(A)(8) of the Code of Virginia (1950, as amended), for consultation with legal counsel employed by the Board regarding a legal matter with respect to the Regional Landfill, saidmatter requiring the provision of legal advice by such counseland pursuant to Section 2.2-3711(A)(1) of the Code of Virginia (1950, as amended), for discussion of a specific personnel matter. Supervisor Dunnseconded the motion which carried on a voice vote. The Board members being assembled within the designated meeting place in the presence of members of the public and the media desiring to attend, the meeting was reconvened on motion of Vice Chairman Lofton, seconded by Supervisor Dunn. Vice Chairman Lofton moved that the Board of Supervisors of Frederick County certify that, to the best of each member’s knowledge, (i) only public business matters lawfully exempted from open meeting requirements by Virginia law were discussed in the closed meeting towhich this certification applies, and (ii) only such public business matters as were identified in the motion convening the closed meeting were heard, 6 discussed, or considered by the Board. Supervisor Dunnsecondedthe motion which carried as follows on aroll call vote: Blaine P. DunnAyeShannon G. TroutAye Gary A. LoftonAyeRobert W. WellsAye J. Douglas McCarthyAyeCharles S. DeHaven, Jr.Aye Judith McCann-SlaughterAye ADJOURN At 6:55p.m., Chairman Dehaven adjourned the meeting until the 7:00p.m. regular meeting. 7 MINUTES REGULAR MEETING FREDERICK COUNTY BOARD OF SUPERVISORS WEDNESDAY, OCTOBER 9,2019 7:00P.M. BOARD ROOM, COUNTY ADMINISTRATION BUILDING 107 NORTH KENT STREET, WINCHESTER, VIRGINIA ATTENDEES Board of Supervisors: Charles S. DeHaven, Jr., Chairman; Gary A. Lofton, Vice Chairman; Blaine P. Dunn; Judith McCann-Slaughter;J. Douglas McCarthy; Shannon G. Trout; andRobert W. Wells were present. Staff present: Kris C. Tierney, County Administrator; Jay E. Tibbs, Deputy County Administrator; Roderick B. Williams, County Attorney;Karen Vacchio, Public Information Officer; Mike Ruddy, Director of Planning and Development;Mark Cheran, Zoning & Subdivision Administrator; Tyler Klein, Planner;Jason Robertson, Director of Parks and Recreation; and Andrew Farrar, Program Coordinator, Information Technologies. CALL TO ORDER Chairman DeHaven called the meeting to order at 7:00p.m. INVOCATION Supervisor Wellsdeliveredthe invocation. PLEDGE OF ALLEGIANCE Vice Chairman Lofton led the Pledge of Allegiance. ADOPTION OF AGENDA –APPROVED Upon motion of Supervisor Slaughter,seconded by Vice Chairman Lofton,theagenda was adoptedon a voice vote. CITIZENS COMMENTS-None ADOPTION OF CONSENT AGENDA –APPROVED 8 Frederick County Board of Supervisors Regular Meeting Minutes * October 9, 2019 1 Upon motion of Supervisor Slaughter,seconded bySupervisor McCarthy,the consent agenda was adoptedon aroll call vote as follows: Blaine P. DunnAyeShannon G. TroutAye Gary A. LoftonAyeRobert W. WellsAye J. Douglas McCarthyAyeCharles S. DeHaven, Jr.Aye Judith McCann-SlaughterAye -Minutes: Closed Session,Joint Planning Commission Work Session& Regular Meeting of 9-25-19- CONSENT AGENDA APPROVAL -Transportation Committee Report of 9-30-19- CONSENT AGENDA APPROVAL, Appendix 1 -Requestfor Approval to Conduct Rabies Clinics- CONSENT AGENDA APPROVAL -Confirmation of Voting Credentials for Supervisor Dunn for the 2019 Virginia Association of Counties Annual Meeting -Request from Commissioner of the Revenue for Refund and Corresponding Supplemental Appropriation - CONSENT AGENDA APPROVAL Toyota Lease Trust -$5,376.05 -Committee Appointments Memo of 10-3-19- CONSENT AGENDA APPROVAL -Formal Confirmation of the Board's desire not to move forward with CPPA #02-19 – Woodside Business Park- CONSENT AGENDA APPROVAL + + + + + + + + + + + + + + BOARD OF SUPERVISORS COMMENTS-None COUNTY OFFICIALS: SELECTION OFSTONEWALL PARK AS RECOMMENDATION FOR NAMING THE BALLFIELD COMPLEX ON STEPHENSON ROAD –APPROVED Supervisor Slaughter moved for approval of the name Stonewall Park for the new ballfield complex on Stephenson Road. Supervisor Wells seconded the motion which carried on a roll call vote as follows: 9 Frederick County Board of Supervisors Regular Meeting Minutes * October 9, 2019 2 Blaine P. DunnAyeShannon G. TroutAye Gary A. LoftonAyeRobert W. WellsAye J. Douglas McCarthyAyeCharles S. DeHaven, Jr.Aye Judith McCann-SlaughterAye COMMITTEE BUSINESS:None + + ++ + + + + + + + + + + PUBLIC HEARINGS–NON PLANNING ISSUES AMENDMENT TO THE 2019-2020 FISCAL YEAR BUDGET -APPROVED County Administrator Kris Tierney explained the proposed General Fund and County Capital Fund Supplemental Appropriation in the Amount of $4,504,520saying it represents General Fund Fund Balance in Excess of 20% that would be transferred to the Capital Fund. Chairman DeHaven opened the public hearing. There were no speakers. Chairman DeHaven closed the public hearing. Supervisor Slaughter moved for approval of the proposed General Fund and County Capital Fund Supplemental Appropriation in the Amount of $4,504,520to be transferred to the Capital Fund. Vice Chairman Lofton seconded the motion which carried on a roll call vote as follows: Blaine P. DunnAyeShannon G. TroutAye Gary A. LoftonAyeRobert W. WellsAye J. Douglas McCarthyAyeCharles S. DeHaven, Jr.Aye Judith McCann-SlaughterAye + + + + + + + + + + + + + + PLANNING COMMISSION BUSINESS –PUBLIC HEARINGS–None 10 Frederick County Board of Supervisors Regular Meeting Minutes * October 9, 2019 3 PLANNING COMMISSION BUSINESS –OTHER PLANNING BUSINESS PROPOSED ORDINANCE AMENDMENT –LANDSCAPING, BUFFERS, SCREENING & OFF- STREET PARKING-FORWARDED TO PLANNING COMMISSION PUBLIC HEARING Planner Tyler Klein reviewed the sections of the ordinance proposed for amendment. The Board and staff discussed the changes. On motion of Vice Chairman Lofton, seconded bySupervisor Dunn,aresolution to send the proposed ordinance amendment to the Planning Commission for public hearing was adopted on avoice vote. PROPOSED ORDINANCE AMENDMENT –TELECOMMUNICATIONS FACILITIES, COMMERCIAL–FORWARDED TO PLANNING COMMISSION PUBLIC HEARING Planner Tyler Klein reviewed the proposed changes to the ordinance concerning telecommunications facilities. The Board and staff discussed the changes and whether the Board could adopt different height restrictions for certain areas in the County. On motion of Supervisor McCarthy, seconded by Vice Chairman Lofton,aresolution to send the proposed ordinance amendment to the Planning Commission for public hearing was adopted on avoice vote. BOARD LIAISON REPORTS-None CITIZEN COMMENTS–None BOARD OF SUPERVISORS COMMENTS SupervisorDunn offered congratulations to Greenwood Grocery for a recent award and to Frederick County Public Schools for all the schools having received accreditation. He also praised the high graduation rate in the County. 11 Frederick County Board of Supervisors Regular Meeting Minutes * October 9, 2019 4 ADJOURN On motion of Vice Chairman Lofton, seconded by Supervisor McCarthy,the meeting was adjourned at 7:27p.m. 12 Frederick County Board of Supervisors Regular Meeting Minutes * October 9, 2019 5 13 FINANCE COMMITTEE REPORT to the BOARD OF SUPERVISORS Wednesday, October 16, 2019 8:00 a.m. 107 NORTH KENT STREET, WINCHESTER, VIRGINIA A Finance Committee meeting was held in the First Floor Conference Room at 107 North Kent Street on Wednesday, October 16, 2019 at 8:00 a.m. ATTENDEES: Committee Members Present: Judith McCann-Slaughter, Chairman; Angela Rudolph-Wiseman; Gary Lofton; Jeffrey Boppe; and non-voting liaison Ellen Murphy, Commissioner of the Revenue. Committee Members Absent: Charles DeHaven; and non-voting liaison, Treasurer. Staff present: Sharon Kibler, Assistant Finance Director; Jay Tibbs, Deputy County Administrator; Rod Williams, County Attorney; Jennifer Place, Budget Analyst; Lenny Millholland, Sheriff; Joe Wilder, Public Works Director; and Glo Waste Manager. Others present: Patty Camery, FCPS Executive Director of Finance; and David Sovine, FCPS Superintendent. NO ACTION REQUIRED BY BOARD OF SUPERVISORS: 1.The Finance Committee Chairman has provided FY 2021 budget overview, see attached, p.3  4. 2.The FCPS Finance Director provides FY 2019 Year End financial information and was available for discussion. See attached, p. 5  28. ITEMS REQUIRING ACTION BY BOARD OF SUPERVISORS: ( *) Items 2, 4, and 5 were approved under consent agenda. 1.The FCPS Director of Finance requests $1,388,520.16 unspent in the School Operating Fund in FY19 to be carried forward to FY20. Of this amount, $347,857.06 represents restricted grant funds received, and $1,040,663.10 represents an unobligated surp buses. See attached memo, p. 29. The committee recommends approval of a transfer from the County Capital Fund to the School Operating Fund in the amou transfer from the County Capital Fund to the School Capital Fund $1,040,663.10. 14 1 2.( * ) The Sheriff request a General Fund supplemental appropriation in the amount of $2,550. This amount represents proceeds from the sale of an out of servi the purchase of a replacement. No local funds are required. Se 30  31. 3.The Public Works Director request a Shawneeland Fund supplemental appropriation in the amount of $30,000. This amount represents a carry forward of unspent FY19 funds to d for the construction of additional office space. The Public Wor See attached information, p. 32  33. The committee recommends approval. 4.( * ) The Public Works Director requests a General Fund supplemental appropriation in the amount of $3,000. This amount represents restitution paid for the shelter providin three dogs for 106 days. No local funds required. See attached memo, p. 32, 34. 5.( * ) The Solid Waste Manager requests a General Fund supplemental appropriation in the amount of $3,245. These funds represent two grants received: Keep Virginia Beautie Chesapeake Bay Restoration Fund. No local funds required. See 35  43. 6.The Deputy County Administrator requests a General Fund supplemental appropriation in the amount of $102,000.This amount represents the maintenance and operation of Sunnysid Plaza. No local funds required. See attached memo, p. 44. The committee recommends approval. INFORMATION ONLY: 1.The Finance Director provides a Fund 10 Transfer Report for September 2019. See attached, p. 45. 2.The Finance Director provides financial statements ending September 30, 2019. See attached, p.46  56. 3.The Finance Director provides an FY 2019 Fund Balance Report endOctober 8, 2019. See attached, p. 57. Respectfully submitted, FINANCE COMMITTEE Judith McCann-Slaughter, Chairman By _______________________________ Gary Lofton Jeffrey Boppe Sharon Kibler, Assistant Finance Director Angela Rudolph-Wiseman 15 2 TO: County Departments FROM: Judy McCann-Slaughter, Finance Committee Chairman SUBJECT: FY 21 Budget Overview DATE: October 7, 2019 Once again, it is time to start preparing the upcoming years bu is always met with limited resources and funding requests that are serious and need to be addressed. This year will probably be no different. I us to remember how much progress we have made in the past several years. We have made significant advances in staffing for public safety and schools, we are replacing and building new schools, and we continue to look for our strained transportation system. While addressing these needs, we continue to be cognizant of the tax rate and the impact to all our county residents. This budget preparation will present challenges that we have not faced in the past few years. The upcoming election could bring mid-year changes in boards and departments. We are opening a new and additional elementary school. The potential future economic slowdown could limit resources even moas our locality continues to attract both young families and retirees. While all budgets present challenges, it should be recognized that both current and past leadership have allowed us to start this process with adequate fund balance capital and policies that will continue to allow us to be fiscal taxpayers. Most of the budget funds a total of 3,127 full-time employees, and over 1,500 part-time and seasonal employees that deliver the services to county Keeping competitive salaries and maintaining benefits is crucial. Upcomi 16 3 analysis will allow us to benchmark our positions to those surrounding areas that we loose trained and valuable employees to every day. As in the past, we will work together in the upcoming months to that will recognize our priorities and the ability to fund those priorities. I want to thank everyone who makes this possible. 17 4 18 5 19 6 20 7 21 8 22 9 23 10 24 11 25 12 26 13 27 14 28 15 29 16 30 17 31 18 32 19 33 20 34 21 35 22 36 23 37 24 38 25 39 26 40 27 41 28 ExecutiveDirector of FinancePatty Camery cameryp@fcpsk12.net DATE: September 18, 2019 TO: Cheryl Shiffler, Frederick County Finance Director FROM: Patty D. Camery, Executive Director of Finance SUBJECT:FY 2020 Budget Items for Consideration by the Board of Supervisors On September 17, 2019, the School Board approved the following budget adjustments which aresubject to consideration and approval by the Board of Supervisors. Please include the following FY 2019 requests on the agenda for the County Finance Committee meeting scheduled for September 19, 2018. Budget Adjustments to the School Operating Fund 1.A budget adjustment to the School Operating Fund is requested for the $347,857.06 which represents restricted grant funds received during FY 2019 and are to be used for specific purposessuch as Apple Federal Credit Union Education Foundation, SOL Algebra Readiness program, Project Graduation and other miscellaneous grants. 2.The School Board is requesting an FY 2020 budget adjustment to the School Operating Fund for $1,040,663.10 which represents the FY 2019 unobligated surplus in the School Operating Fund. Approval of this request will provide appropriation for funds to be spent on 10 school buses. cc: Dr. David T. Sovine, Superintendent Kris C. Tierney, County Administrator 42 29 43 30 44 31 MEMORANDUM TO: Cheryl Shiffler, Director of Finance FROM: Joe C. Wilder, Director of Public Works SUBJECT: Supplemental Appropriation Requests DATE: September 25, 2019 ______________________________________________________________________________ At theMay 28, 2019 Public Works Committee Meeting thecommitteeunanimously approved a requestfromShawneeland to move $30,000fromthefiscalyear2019 line-item 16-8108-800-00Buildinginto the same line item forfiscal year2020. (Attachment 1) Thisamountwillbeusedfortheconstructionofadditional officespace. The animal shelteris requestingfunding in the amountof$3,000 be appropriatedtoline item 10-4305-3001-00 Professional Health Servicesfrom10restitution fund. This amount (Attachment 2) representsfunding receivedfromcourtordered restitution in the Putnam case. Please includetheabovesupplementalappropriation requestson thenextFinance Committee agenda. JCW/kco Attachments: asstated cc:file 45 32 107 North Kent Street, Second Floor, Suite 200 Winchester, Virginia 22601-5000 46 33 _________________ __________FREDERICK COUNTY - ANIMAL SHELTER Kathy M. Whetzel Shelter Manager 540/667-9192 ext. 2502 FAX 540/722-6108 E-mail: kwhetzel@fcva.us MEMORANDUM TO: Joe Wilder, Director of Public Works FROM: Kathy M. Whetzel, Shelter Manager SUBJECT: Supplemental Appropriation Request Court Case Restitution – Professional Services DATE: 9/24/19 ________________________________________________________________________ The shelteris requestingfunding in the amountof$3,000 be appropriated toline item 10-4305-3001-00 Professional Health Services from DR10 restitution fund. This amount represents funding receivedfromcourt ordered restitution in the Putnam case. The restitution was ordered as part ofa court casethat required the shelter to carefor three dogs for 106 days pending court dates and appeals. Ple ase contact me if you have any questions. KMW:hag 47 34 MEMORANDUM TO: Cheryl Shiffler Director of Finance FROM: Gloria M. Puffinburger Solid Waste Manager SUBJECT: KVB Grant; FY 19/20 DLS Grant; FY 19/20 DATE: October 7, 2019 The purpose of this memo is to request that deposits from Keep Virginia Beautiful ($750 for Recycle Right campaign) and Virginia Dept. of Legislative Services ($2,495 for environmental assemblies/Chesapeake Bay) be appropriated to the 4203 (Refuse Collection) budget for expenditure in the current fiscal year. Both amounts are showing in Treasurer’s account 10DT. When you determine an appropriate line items, please let me know. If you have any questions, please contact me at Extension 8219. /gmp cc:file 48 35 49 36 Keep Virginia Beautiful 2019 30 in 30 Green Grants Application Requested Amount: $750 Grants awarded each day during month of June and project to be c Organization: Frederick County Recycling represents the recycling collection, community outreach and environmental education activities within the Department of Publ responsible for all solid waste management, litter and illegal d landfill and animal shelter, engineering services, capital proje in the western end of the county. Since 1997, the recycling program has been spearheaded by a sing-time manager. The department applies for and receives a grant each year from the Virginia Lit Board which helps offset the cost of the litter prevention progr a $25,000 competitive grant from the Fund Board in 1998 which prcommunity outreach and education about the countys diversion program for Frederick County received a grant from the Fund Board in support Secure Your Load campaign" which will be featured during the upcoming Virginia Recycling Association Conference. This is a new outreach effort for the county and is Sheriff's Office. One of the county's recent awards through Keep-in-30 Grant Grants program allowed Frederick County Recycling to expand its te and doubling diversion. Over the years, Frederick County has been the recipient of Keep Beautiful, Virginia Association of Counties and Virginia Recycli Contact: Gloria Puffinburger, Solid Waste Manager, gpuffinb@fcva.us. Received KVB grant in past: 2016, Litter Prevention Program: Recycle Right! In the face of tightening markets, the county is taking the best advice of indust program simple, manageable and most importantly, contaminate fre-going process, and we are embarking on another campaign to gain the attention o their enthusiasm, sometimes are not taking enough time at the dr-off and putting in materials which must be sorted out later, driving up costs. We continue to find challenging and will focus our efforts there. Our program has always accepted bottles and we continue to find the "wishful recycling" attempts for materia and yogurt containers. Our recycler simply cannot market mixed p the increasing costs of processing and the disposal of contamina every effort to keep our program strong and sustainable, we must make this happen. It all starts at home! 50 37 We plan to achieve this through the use of updated decals, "Recy in Texas, but customized by this office. We'd also like to add v-offs where contamination seems more of a problem. Durable, updatable banners would featur along with photos of "Recycle This" and "Not That" items. These of the decals on drop-off cans and attract attention in an easy-to-understand format. Another part of this outreach will be print, social media posts Facebook pages, and a contest for best video submitted by a resi small cash award will gain publicity and increase participation. our social media platforms. Part of the county's match would also be a Recycle Right PSA for Draft Budget: 6 custom banners/vertical/full-color -- $425 cash award for winning Recycle Right video submission -- $200 artwork fees for assistance in development of custom logo -- $100 6 custom Recycle Right permanent metal signs -- $175 (part of county match) Staff time -- $1,856 (county match) Volunteer time -- $325 (county match) Measures of Success: Following observation of contaminates contained in loads of plas facility, in addition to rising costs to process material, I det would be necessary to do a cleaner job of recycling in the count material is some of the cleanest coming into his facility, I was which ultimately drives up costs and threatens our recycler's abls. During the campaign, I will conduct waste audits to gauge the success of th hits as a barometer of interest. Moving forward, I expect to fin contamination and a reduction in residue hauled to the landfill. Applications to be submitted on-line by April 30, 2019. 51 38 52 39 53 40 54 41 55 42 56 43 COUNTY of FREDERICK Jay E. Tibbs DeputyCounty Administrator 540/665-5666 Fax 540/667-0370 E-mail: jtibbs@fcva.us TO: Finance Committee FROM: Jay E. Tibbs., Deputy County Administrator DATE: October 1, 2019 RE: Supplemental Appropriation for Sunnyside Plaza This is a request for a General Fund supplemental appropriation in the amount of $102,000. This amount represents 10 months of costs associated with the maintenance and operation of Sunnyside Plaza to include property management services, utilities, snow removal, and general maintenance costs. The property is currently occupied by five tenants with a monthly rental income of $10,200. The present/projected rental income from those tenants is sufficient to cover these costs therefore no local dollars are being requested as part of this supplemental appropriation. Should you have any questions, please do not hesitate to contact me. 57 107 North Kent Str-5000 44 BUDGET TRANSFERS SEPTEMBER 2019 Page 1 DATEDEPARTMENT/GENERAL FUNDREASON FOR TRANSFERFROMTOACCTCODEAMOUNT 9/10/2019COMMONWEALTH'S ATTORNEYTO FUND DUES/MEMBERSHIPS22015401000000 (1,300.00) COMMONWEALTH'S ATTORNEY22015801000000 1,300.00 9/11/2019INSPECTIONSB.A.9/11/19 DESIGN REVIEW SPECIALIST 34011001000058 41,250.00 INSPECTIONS34012001000000 3,156.11 INSPECTIONS 34012005000000 9,162.00 INSPECTIONS34012002000000 4,038.38 INSPECTIONS 34012006000000 540.38 INSPECTIONS 34012008000000 243.38 INSPECTIONS 34012011000000 1,278.75 TRANSFERS/CONTINGENCY 93015807000001 (59,669.00) 9/23/2019ANIMAL SHELTERREIMBURSE LINE ITEM43053001000001 (1,358.00) ANIMAL SHELTER 43053001000000 1,358.00 9/24/2019SHERIFFCONNECT SPRINT DIRECT TO FSCO RADIO CHANNELS31023004000002 (6,549.00) SHERIFF 31028003000000 6,549.00 9/24/2019COUNTY OFFICE BUILDINGS/COURTHOUSEVANDALISM TO MOBILE TRAILERS AT FREDERICK COUNTY MIDDLE SCHOOL43043004000010 (200.00) COUNTY OFFICE BUILDINGS/COURTHOUSE 43045400000010 200.00 9/27/2019COUNTY OFFICE BUILDINGS/COURTHOUSEBOILER INSURANCE FOR SUNNYSIDE PLAZA43045302000000 (500.00) COUNTY OFFICE BUILDINGS/COURTHOUSE43045301000000 500.00 9/27/2019OTHER GENERAL LIABILITY INSURANCE CHARGES INCREASE12245307000000 (5,700.00) OTHER 12245308000000 5,700.00 9/27/2019COUNTY OFFICE BUILDINGS/COURTHOUSEKEYS FOR BUILDINGS AT SUNNYSIDE PLAZA43045405000005 (4.50) COUNTY OFFICE BUILDINGS/COURTHOUSE 43045400000052 4.50 9/27/2019COUNTY OFFICE BUILDINGS/COURTHOUSEPROPERTY/FIRE INSURANCE FOR SUNNYSIDE PLAZA43045302000000 (7,159.00) COUNTY OFFICE BUILDINGS/COURTHOUSE 43045305000000 7,159.00 9/30/2019HUMAN RESOURCESCOVER ACA NEO/GOV SHORTAGE12033010000000 3,650.50 HUMAN RESOURCES93015807000001 (3,650.50) 9/30/2019COUNTY OFFICE BUILDINGS/COURTHOUSEELECTRIC BILLS AT SUNNYSIDE PLAZA43045302000000 (800.00) COUNTY OFFICE BUILDINGS/COURTHOUSE 43045101000052 800.00 9/30/2019FIRE AND RESCUE Promotions 9/1935051007000001 (3,168.06) FIRE AND RESCUE 35051001000112 3,168.06 FIRE AND RESCUE 35051007000001 (3,566.54) FIRE AND RESCUE 35051001000111 3,566.54 FIRE AND RESCUE 35051007000001 (3,163.67) FIRE AND RESCUE 35051001000113 3,163.67 FIRE AND RESCUE 35051007000001 (3,729.51) FIRE AND RESCUE 35051001000108 3,729.51 FIRE AND RESCUE 35051007000001 (3,171.90) FIRE AND RESCUE 35051001000118 3,171.90 FIRE AND RESCUE 35051007000001 (3,465.18) FIRE AND RESCUE 35051001000040 3,465.18 FIRE AND RESCUE 35051007000001 (3,164.78) FIRE AND RESCUE 35051001000115 3,164.78 FIRE AND RESCUE 35051007000001 (3,166.66) FIRE AND RESCUE 35051001000116 3,166.66 10/1/2019REFUSE COLLECTIONFUND PROMOS FOR SPECIAL EVENTS42033004000000 (3,500.00) REFUSE COLLECTION42035412000000 3,500.00 10/1/2019COUNTY OFFICE BUILDINGS/COURTHOUSEPROPERTY MANAGEMENT SERVICES AT SUNNYSIDE PLAZA43045302000000 (1,010.00) COUNTY OFFICE BUILDINGS/COURTHOUSE43043010000052 1, 010.00 10/3/2019COUNTY OFFICE BUILDINGS/COURTHOUSEDIESEL FUEL FOR GENERATORS AT PUBLIC SERVICE BUILDING43045413000005 (500.00) COUNTY OFFICE BUILDINGS/COURTHOUSE43045408000005 500.00 10/3/2019MAINTENANCE ADMINISTRATIONVEHICLE INSURANCE43015305000000 398.60 COUNTY OFFICE BUILDINGA/COURTHOUSE43045302000000 (398.60) 58 45 59 46 60 47 61 48 62 49 63 50 64 51 65 52 66 53 67 54 68 55 69 56 70 57 71 REPORT to the BOARD OF SUPERVISORS Wednesday October 23, 2019 7:00 p.m. 107 NORTH KENT STREET, WINCHESTER, VIRGINIA To: Jay Tibbs, Deputy County Administrator for Human Services From: Jason L. Robertson, Director, Parks & Recreation Dept. Date: October 10, 2019 Subject: Parks and Recreation Commission Action The Parks and Recreation Commission met on October 8, 2019. Members present were: Guss Morrison, Natalie Gerometta, Gary Longerbeam, Amy Strosnider, Charles Sandy, Jr., Ronald Madagan, and Randy Carter, Mr. Robert Well (non-voting Board Liaison). Members absent were: Chris Fordney. ITEMS REQUIRING ACTION BY BOARD OF SUPERVISORS: 1.The Buildings and Grounds Committee made a motion to recommend the following three names for the Clearbrook Park Replacement Ballfield Comple Road, seconded by Mr. Longerbeam, carried unanimously (7-0): Stephenson Road Park, Stonewall Park, Hot Run Park. (This item was voted on at the October 9, 2019 Board of Supervisors meeting) 2. The Building and Grounds Committee made a motion to adopt the at Improvement Plan, seconded by Mr. Longerbeam, carried unanimousl-0). ITEMS SUBMITTED FOR INFORMATION ONLY None Cc: Charles R. Sandy, Chairman Robert Wells, Board of Supervisors Non-Voting Liaison 72 74 75 76 77 78 79 80 82 Resolution No. _____ RESOLUTION AUTHORIZING THE ISSUANCE OF NOT TO EXCEED $3,200,000 GENERAL OBLIGATION SCHOOL BONDS OF THE COUNTY OF FREDERICK, VIRGINIA, TO BE SOLD TO THE VIRGINIA PUBLIC SCHOOL AUTHORITY AND PROVIDING FOR THE FORM AND DETAILS THEREOF. WHEREAS , the Board of Supervisors (the "Board") of the County of Frederick, Virginia (the "County"), has determined that it is necessary and expedient to borrow an amount not to exceed $3,200,000and to issue one or more general obligation school bonds (as more specifically defined below, each a "Local School Bond") for the purpose of financing the acquisition of land, design and construction of a new Robert E. Aylor Middle School, which constitutes a capital project for public school purposes (collectively, the "Project"); WHEREAS , the County held a public hearing, duly noticed, on October 23, 2019, on the issuance of the Local School Bondsin 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, requested the Board to authorize the issuance of the Local School Bondsand consented to the issuance of the Local School Bonds; WHEREAS , the Virginia Public School Authority ("VPSA") has offered to purchase aLocal School Bond along with the local school bonds of certain other localities with a portion of the proceeds of certain bonds to be issued by VPSA in the springof 2020or a future bond sale (the "VPSA Bonds"); WHEREAS, the Bond Sale Agreements(as defined below) shall indicate that $3,200,000is the amount of proceeds requested by the County (the "Proceeds Requested") from VPSA(in the aggregate)in connection with the sale of the Local School Bonds; WHEREAS, VPSA's objective is to pay the County a purchase price for the Local School Bond which, in VPSA's judgment, reflects eachLocal School Bond's market value (the "VPSA Purchase Price Objective"), taking into consideration such factors as the amortization schedule the County has requested for the specific Local School Bond relative to the amortization schedules requested by other localities, the purchase price to be received by VPSA from the sale of the VPSA Bondsand other market conditions relating to the sale of the VPSA Bonds; and WHEREAS, such factors may result in aLocal School Bond having a purchase price other than par and consequently (i) the County may have to issue one or moreLocal School Bondsin 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) if the maximum authorized principal amount of the Local School Bondsset forth in paragraph 1 below does not exceed the aggregate 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 be less than the Proceeds Requested. 83 121252552.2 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE COUNTY OF FREDERICK, VIRGINIA : 1.Authorization of Local School 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 bonds, on more than one occasion, in an aggregate principal amount not to exceed $3,200,000 (each a"Local School Bond") for the purpose of financing the Project. The Board hereby authorizes the issuance and sale of one or more Local School Bondsin the form and upon the terms established pursuantto this Resolution. 2.Sale of the Local School Bond .The sale of eachLocal School Bond, within the parameters set forth in paragraph 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 aggregate principal amount ofallLocal School Bonds issued under this Resolution set forth in paragraph 1 of this Resolution restricts VPSA's ability to generate the Proceeds Requested, however, eachLocal School Bond may be sold for a purchase price not lower than 95% of the Proceeds Requested. The Chairman of the Board, the County Administrator, or either of them (each a "Delegate")and such other officer or officers of the County as either may designate arehereby authorized and directed to enter into an agreement with VPSA providing for the sale of eachLocal School Bond to VPSA (each a"Bond Sale Agreement"). The Bond Sale Agreementsshall be in substantially the form required by VPSA, which form is hereby approved, with such completions, insertions, omissions and changes not inconsistent with this Resolution as may be approved by the County officer executing the Bond Sale Agreement. 3.Details of the Local School Bond .EachLocal School Bond shall be dated 16days prior to the date of its issuance and delivery or such other date designated by VPSA; shall be designated "General Obligation School Bond, Series 20__"; shall bear interest from its dated date payable semi-annuallyon each January 15 and July 15 (each an "Interest Payment Date"), at the rates established in accordance with paragraph 4 of this Resolution; and shall mature on July 15 in the years (each a "Principal Payment Date") and in the amounts acceptable to a Delegate (the "Principal Installments"), subject to the provisions of paragraph 4 of this Resolution. 4.Interest Rates and Principal Installments .Each Delegate is hereby authorized and directed to accept the interest rates on eachLocal School 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 of the VPSA Bonds, a portion of the proceeds of which will be used to purchase the Local School Bond, and provided further that the true interest cost of eachLocal School Bond does not exceed five and fifty one-hundredths percent (5.50%) per annum. The Interest Payment Dates and the Principal Installments are subject to change at the request of VPSA. Each Delegate is hereby authorized and directed to accept changes in the Interest Payment Dates and the Principal Installments at the request of VPSA based on the final term to maturity of the VPSA Bonds, requirements imposed onVPSA by the nationally-recognized rating agencies and the final principal amount of suchLocal School Bond; provided, however, that the principal amount of allLocal School Bondsshall not exceed the amount authorized by this Resolution and the final maturity of eachLocal School Bond shall not exceed 31years after the date of the issuance and delivery of suchLocal School Bond. The execution and delivery of eachLocal School Bond as described in paragraph 8 hereof shall conclusively evidence the approval and 84 -2- acceptance of all of the details of suchLocal School Bond by the Delegate as authorized by this Resolution. 5.Form of the Local School Bond .EachLocal School Bond shall be initially in the form of a single, temporary typewritten bond substantiallyin the form attached hereto as ExhibitA. 6.Payment; Paying Agent and Bond Registrar . The following provisions shall apply to eachLocal School Bond: (a)For as long as VPSA is the registered owner of eachLocal School Bond, all payments of principal, premium,if any, and interest on aLocal School 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, or if suchdate is not a business day for banks in the Commonwealth of Virginia (the "Commonwealth") or for the Commonwealth, 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, interest shall bear interest at the applicable interest rate or rates on suchLocal School Bond. (c)U.S. Bank National Association, Richmond, Virginia, is designated as Bond Registrar and Paying Agent for the Local School Bonds.The County may, in its sole discretion, replace at any time the Bond Registrar with another qualified bank or trust company assuccessor Bond Registrar and Paying Agent for anyLocal School Bond. The County shall give prompt notice to VPSA of the appointment of any successor Bond Registrar and Paying Agent. 7.Prepayment or Redemption .With respect to any Local School Bond sold to VPSA in the spring of 2020, unless required by VPSA, the Principal Installments of the Local School Bond held by VPSA coming due on or before July 15, 2030, and the definitive bond for which the Local School Bond held by VPSA may be exchanged that mature on or before July 15, 2030, are not subject to prepayment or redemption prior to their stated maturities. The Principal Installments of the Local School Bond held by VPSA coming due on or after July 15, 2031, and the definitive bond(s) for which the Local School Bond held by VPSA may be exchanged that mature on or after July 15, 2031, are subject to prepayment or redemption at the option of the County prior to their stated maturities in whole or in part, on any date on or after July15,2030, upon payment of the prepayment or redemption prices (expressed as percentages of Principal Installments to be prepaid or the principal amount of the Local School Bond to be redeemed) set forth below plus accrued interest to the date set for prepayment or redemption: DatesPrices July 15, 2030 through July 14, 2031101% July 15, 2031through July 14, 2032100½ July 15, 2032and thereafter100 Provided,however, that the Principal Installments of the Local School Bond shall not be subject to prepayment or redemption prior to their stated maturities as described above without 85 -3- first obtaining the written consent of VPSAor other registered owner of the Local School 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 the VPSA Bonds in the futureand such refunding causes the Local School Bond to be deemed refunded, the prepayment or redemption of the Local School 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 of the VPSA bonds issued in part to refund the Local School Bond. With respect to any Local School Bond sold to VPSA in a subsequent sale, the Principal Installments of such Local School Bond will be subject to similar prepayment or redemptions provisions as may be set forth by VPSA at the time of such sale. 8.Execution of the Local School Bond . The Chairman or Vice Chairman and the Clerk or any Deputy Clerk of the Board are authorized and directed to execute and deliver each Local School Bond and to affix the seal of the County thereto. 9.Pledge of Full Faith and Credit .For the prompt payment of the principal of, premium, if any, and the interest on eachLocal School Bond as the same shall become due, the full faith and credit of the County are hereby irrevocably pledged, and in each year while any portion of suchLocal School Bond shall be outstanding there shall be levied and collected in accordance with law an annual advaloremtax upon all taxable property in the County subject to local taxation sufficient in amount to provide for the payment of the principal of and premium, if any, and the interest on suchLocal School 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 appropriatedfor such purpose. 10.Use of Proceeds Certificate and Tax Compliance Agreement .The Chairman of the Board, the County Administrator and such other officer or officers of the County or the School Board as either 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 (the "Tax Compliance Agreement") setting forth the expected use and investment of the proceeds of aLocal School Bond and containing such covenants as may be necessary in order to show 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 onbehalf of the County that (i) the proceeds from the issuance and sale of eachLocal School Bond will be invested and expended as set forth in 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 of the County to authorize and direct the County Treasurer to participate in the State Non-Arbitrage Program in connection with eachLocal School Bond. The 86 -4- Chairman of the Board, the County Administrator and such officer or officers of the County as either may designate are hereby authorized and directed to execute and deliver a Proceeds Agreement with respect to the deposit and investment of proceeds of eachLocal School Bond by and among the County, the other participants in the sale of the VPSA Bonds, VPSA, the investment manager and the depository, substantially in the form submitted to the Board at this meeting, which form is hereby approved. 12.Continuing Disclosure Agreement .The Chairman of the Board, the County Administrator and such other officer or officers of the County as either may designate are hereby authorized and directed to execute a Continuing Disclosure Agreement, as set forth in AppendixD 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 of 1934, as amended, and directed to make all filings required by Section 4of the Bond Sale Agreement should the County be determined by VPSA to be a 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 a Local School Bond, and that the purpose of such refunding bonds would be to enable VPSA to pass on annual debt service savings to the local issuers, including the County. Each of the Delegates is authorized to execute and deliver to VPSA such allonge to the Local School 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 aLocal School Bond and the allocation of the annual debt service savings to the County by VPSA. The Clerk to the Board is authorized to affix the County's seal on any such documents and attest or countersign the same. 14.Filing of Resolution . The appropriate officers or agents of the County are hereby authorized and directed to cause a certified copy of this Resolution to be filed with the Circuit Court of the County. 15.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 of the Public Finance Act of 1991, Chapter 26 of Title 15.2 of the Virginia Code. 16.Further Actions . The members of the Board and all officers, employees and agents of the County are hereby authorized to take such action as they or any one of them may consider necessary or desirable in connection with the issuance and sale of the Local School Bond and otherwise in furtherance of this Resolution and any such action previously taken is hereby ratified and confirmed. 17.Effective Date . This Resolution shall take effect immediately. 87 -5- * * * The undersigned Clerk of the Board of Supervisors of the County of Frederick, Virginia (the "Board"), hereby certifies that the foregoing constitutes a true and correct extract from the minutes of a meeting of the Board held on October 23, 2019, and of the whole thereof so far as applicable to the matters referred to in such extract. I hereby further certify that such meeting was a regularly scheduled meeting and that, during the consideration of theforegoing resolution, a quorum was present. Members present at the meeting were: ______________________. Members absent from the meeting were: ________________. Members voting in favor of the foregoing resolution were: ______________________. Members voting against the foregoing resolution were: ____________________________. Members abstaining from voting on the foregoing resolution were: ________________. WITNESS MY HAND and the seal of the Board of Supervisors of the County of Frederick, Virginia, this ___ day of October, 2019. Clerk, Board of Supervisors of the County of Frederick, Virginia [SEAL] 88 EXHIBIT A (FORM OF TEMPORARY BOND) NO. TR-1$___________ UNITED STATES OF AMERICA COMMONWEALTH OF VIRGINIA COUNTY OF FREDERICK General Obligation School Bond Series 20___ Dated Date: __________ ,20___ [16 days prior to issuance] Issue Date: __________, 20___ The COUNTY OF FREDERICK, VIRGINIA (the "County"), for value received, hereby VIRGINIA PUBLIC SCHOOL acknowledges itself indebted and promises to pay to the AUTHORITY ("VPSA") the principal amount of _____________ DOLLARS ($__________), in annual installments in the amounts set forth on Schedule I attached hereto payable on July15, 20__ and annually on July15 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 January15 and July15 of each year, commencing on January15, 20___ (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 of 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 VPSA, 89 A-1 in immediately available funds at or before 11:00 a.m. on the applicable Payment Date or date fixed for prepayment or redemption. If a Payment Date or date fixed for prepayment or redemption is not a business day for banks in the Commonwealth of Virginia (the "Commonwealth") or for the Commonwealth, 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. Uponreceipt by the registered owner of 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 be fully discharged of its obligation on this Bond to the extent of the 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 of the County (the "Board") authorizing the issuance of 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 in the County subject to 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 lawfully available and appropriated for such purpose. This Bondis duly authorized and issued in compliance with and pursuant to the Constitution and laws of the Commonwealth, including the Public Finance Act of 1991, Chapter 26, Title 15.2 of the Virginia Code, and resolutions duly adopted by the Board and the SchoolBoard of the County to provide funds for capital projects for school purposes. 90 A-2 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 affectedby the registered owner of 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 to be registered on such registration books in the name of the assignee or assignees named in such assignment. The principal installments of this Bond coming due on or before July 15, 20__and the definitivebonds for which this Bond may be exchanged that mature on or before July 15, 20__, 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, 20__, and the definitive bonds for which this Bond may be exchanged that mature on or after July 15, 20__, are subject to prepayment or redemption at the option of the County prior to their stated maturities in whole or in part, on any date on or after July 15, 20__, upon payment of the prepayment or redemption prices (expressed as percentages of principal installments to be prepaid or the principal amount of this Bond to be redeemed) set forth below plus accrued interest to the date set for prepayment or redemption: DatesPrices July 15, 20__through July 14, 20__101% July 15, 20__through July 14, 20__100½ 91 A-3 July 15, 20__and thereafter100 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 of VPSA or other registered owner of 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 inpart 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 of the VPSA bonds issued in part to refund this Bond. All acts, conditions and things required by the Constitution and laws of the Commonwealth to happen, exist or be performed precedent to and in the issuance of this Bond have happened, 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 of the Commonwealth. 92 A-4 IN WITNESS WHEREOF , the Board of Supervisors of the County of Frederick has caused this Bond to be issued in the name of the County of Frederick, Virginia, to be signed by its Chairman or Vice-Chairman, its seal to be affixed hereto and attested by the signature of its Clerk or any of its Deputy Clerks, and this Bond to be dated __________ [16 days prior to the closing date], 20__. COUNTY OF FREDERICK, VIRGINIA (SEAL) ATTEST: __________________________________________________________________________ Clerk, Board of Supervisors of theChairman, Board of Supervisors of the County of Frederick, VirginiaCounty of Frederick, Virginia 93 A-5 ASSIGNMENT FOR VALUE RECEIVED, the undersigned sells, assigns and transfers unto _______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ __________________________________________________________________________ (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 of substitution in the premises. Date: Registered Owner Signature Guaranteed: (NOTICE: The signature above must correspond with the name of the Registered (NOTICE: Signature(s) must be guaranteed by Owner as it appears on the front of this Bond an "eligible guarantor institution" meeting the in every particular, without alteration or requirementsof the Bond Registrar which change.) 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 of 1934, as amended.) 94 A-6