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~~ <br />WHEREAS, said Board of Commissioners has carefully examined the facts and has <br />determined and does hereby find as a fact that the statements made in said <br />• resolutions are true and that it has become the duty of said Board of <br />Commissioners, acting as an administrative agent of the State in providing a State <br />system of public schools, to order the issuance of bonds of the County of Orange so <br />that the school facilities mentioned in said resolutions and in paragraph 1 of this <br />order may be provided in order to maintain the nine months' school term in the <br />County of Orange as required by Section 2 of Article IX of the Constitution; now, <br />therefore, <br />BE IT ORDERED by the Board of Commissioners for the County of Orange: <br />• <br />1. That, pursuant to The Local Government Bond Act, as amended, and in order <br />to maintain the nine months' school term in the County of Orange as required by <br />Section 2 of Article IX of the Constitution, the County of Orange, North Carolina, <br />is hereby authorized to contract a debt, in addition to any and all other debt <br />which said County may now or hereafter have power or authority to contract, and in <br />evidence thereof to issue School Bonds in an aggregate principal amount not <br />exceeding $22,000,000 for the purpose of providing funds, with any other available <br />funds, for erecting additional school buildings and other school plant facilities, <br />remodeling, enlarging and reconstructing existing school buildings and other school <br />plant facilities, acquiring any necessary land, furnishings and equipment therefore <br />and developing such land, in order to provide additional school facilities in said <br />County. <br />2. That taxes shall be levied in an amount sufficient to pay the principal of <br />and the interest on said bonds. <br />3. That a sworn statement of the debt of said County has been filed with the <br />Clerk to the Board of Commissioners for said County and is open to public <br />inspection. <br />4. That this order shall take effect when approved by the voters of said <br />County at a referendum as provided in said Act. <br />ORDER AUTHORIZING $7,000,000 <br />PUBLIC BUILDING BONDS <br />BE IT ORDERED by the Board of Commissioners for the County of Orange: <br />1. That, pursuant to The Local Government Bond Act, as amended, the County of <br />Orange, North Carolina, is hereby authorized to contract a debt, in addition to any <br />and all other debt which said County may now or hereafter have power or authority <br />to contract, and in evidence thereof to issue Public Building bonds in an aggregate <br />principal amount not exceeding $7,000,000 for the purpose of providing funds, with <br />any other available funds, for enlarging, expanding and improving public buildings <br />and facilities of said County, including the construction of additional buildings <br />and additions to existing buildings to provide additional space for administrative <br />and governmental functions and services, the construction of related access and <br />parking facilities and the acquisition of necessary land, rights of way and <br />equipment.. <br />2. That taxes shall be levied in an amount sufficient to pay the principal of <br />• and the interest on said bonds. <br />