At a regular meeting of the Board of Supervisors of Fauquier County, Virginia, held on the 15^th day of March, 2004, at the time and place established by such Board for its regular meetings in accordance with Section 15.2-1416 of the Code of Virginia of 1950, as amended, at which the following members were present and absent:

PRESENT:     Harry F. Atherton, Marshall District Supervisor

                        William G. Downey, Scott District Supervisor

Raymond E. Graham, Cedar Run District Supervisor

Richard W. Robison, Center District Supervisor

Chester W. Stribling, Lee District Supervisor

ABSENT:      

the following resolution was adopted by the affirmative roll call vote of a majority of all members of the Board of Supervisors, the ayes and nays being recorded in the minutes of the meeting as shown below:

MEMBER                                                  VOTE

Harry F. Atherton                                               

William G. Downey                                            

Raymond E. Graham

Richard W. Robison

Chester S. Stribling

RESOLUTION APPROVING THE FILING OF AN APPLICATION WITH THE VIRGINIA RESOURCES AUTHORITY FOR A LOAN IN AN APPROXIMATE PRINCIPAL AMOUNT OF $2,000,000

WHEREAS, the Board of Supervisors (the “Board”) of Fauquier County, Virginia (the “County”), has determined that it is necessary and desirable for the County to finance certain capital improvements for the volunteer fire and rescue facilities, including without limitation the expansion and renovation of the Warrenton Fire Company facility (the “Project”);

BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF FAUQUIER COUNTY, VIRGINIA:

1.         The Board hereby approves the filing of an application with the Virginia Resource Authority for a loan to the County in an approximate principal amount of $2,000,000 to finance the Project.  The County Administrator, in collaboration with the other officers of the County, is hereby authorized and directed to complete an application and deliver it to the Virginia Resources Authority.

2.         This resolution shall take effect immediately.

The undersigned Clerk of the Board of Supervisors of Fauquier County, Virginia, certifies that the foregoing constitutes a true and correct extract from the minutes of a regular meeting of the Board held on the 15^th day of March, 2004, and of the whole thereof so far as applicable to the matters referred to in such extract.

WITNESS my signature and the seal of the Board of Supervisors of Fauquier County, Virginia, this ____ day of March, 2004.

____________________________________

G. Robert Lee

Clerk of the Board of Supervisors, Fauquier

County, Virginia

(SEAL)