Orange County NC Website
<br />maintain the nine months' school terra in the County of O~ange as <br />required by Section 2 of Article YX of the Constitution; no,•r, <br />therefore, <br />BE XT OP.DERED by the Board of Co,~niss~.one?-s fox the <br />County o£ Oxar_ge: <br />1. That, puxsuant to The Local Covern.~nt Bond Act, as <br />ar•_.ended, and in axder to maintain the nine r,+.onths' school texcL in <br />the Caun4y of Orange as required by Section 2 of Article IX of <br />the Constitution, the County of Orange, Naxth Carolina, is Y!exeby <br />authorized to contract a debt, ir_ addition to any and all othex <br />debt which said County may now or herzaftex have pager or authoxi4:: <br />to contract, and in evidence thexeo` to issue School Bands in an. <br />aggregate principal amount not exceeding $6,OOO,DDO fax the puxpas <br />of providing funds, with any other available mounds, for exacting <br />additional school buildings and other school plant facilities, <br />xemadsling, enlarging and recar_stXucting existing school build~.:±. <br />and other school plant facilities, and acquiring necessary land <br />and equipment thexefox, ir_ oxdex to provide additional school <br />facilities in said County, <br />2. That taxes shah. be levied in an ar.!ount sufficient tc <br />pay the principal of and the ir_terest an said bonds. <br />3. That a srrroxn statement of the debt oz" the County has <br />been filed with the Clerk of the Baaxd o~ CoTs:issionexs and Regist~:: <br />of Deeds and is open to public ir_spection_ <br />~. That this order shalJ~ take effect e;her_ approved by <br />the tcters of the County at a xefexendu-n as provided in said .pct. <br />The Board of Con~:-issio;~ers thereupon daaignaf.~d the <br />Finance Oz"ficer as the affirer to r.~ake and ~i].e ~~ith tea Cl~,-k <br />of the Board of Com-nissioners and Register o: Deeds the s:Yarr. <br />statement of debt or" the CoLtrt~r ~•rhich is reruixed by T_^_Y Loco;, <br />Gavernrent Band ~1ct, as ariendeu, to be fib ec? before thF i nr'• <br />°3- <br />