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<br />3. The County intends that the adoption of this resolution will be a <br />declaration of the County's official intent to reimburse project expenditures from <br />financing proceeds. The County. intends that funds that have been advanced for <br />project costs, or which may be so advanced, from the County's general fund, or <br />any other County fund, may be reimbursed from the financing proceeds. <br />4. The Board will hold a public hearing on this matter. The County <br />Manager is authorized and directed to set the date and time of the hearing, and the <br />Clerk to this Board is authorized and directed to publish a notice of such public <br />hearing in the manner provided for by law. <br />5. This resolution'takes effect immediately. <br />~ ~ ~ ~ ~ ~ ~ <br />I certify that the foregoing resolution was duly adopted at a meeting of the <br />Board of Commissioners of Orange County, North Carolina, duly called and held <br />on January 22, 2009, and that a quorum was present and acting throughout such <br />meeting. Such resolution remains in full effect as of today. <br />Dated this day of , 2009. <br />[sEa.~,~ <br />Donna Baker <br />Clerk, Board of Commissioners <br />Orange County, North Carolina <br />982~~v1 <br />