ROCKY MOUNT PUBLIC FACILITIES CORP

ROCKY MOUNT PUBLIC FACILITIES CORP OPERATED EXCLUSIVELY FOR THE PURPOSE OF PROMOTING THE GENERAL AND SOCIAL WELFAR OF THE CITIZENS OF THE CITY OF ROCKY MOUNT, NC. BY ASSISTING THE CITY THROUGH THE ACQUISITION, CONSTRUCTION, OPERATION, SALE OR LEASE OF REAL ESTATE AND IMPROVEMENTS, FACILITIES, EQUIPMENT AND OTHER PERSONAL PROPERTY. THE ORGANIZATION CAN PLAN, FINANCE, CONSTRUCT, ACQUIRE, LEASE, SELL AND CONVEY REAL ESTATE AND IMPROVEMENTS, FURNISHINGS, EQUIPMENT AND OTHER PERSONAL PROPERTY. THE CITY CAN BORROW, LEND, ADMINISTER, AND SOLICIT FUNDS THROUGH GRANTS, LOANS, NOTES AND SECURITY INSTRUMENTS.