Orange County NC Website
i~z~ (ccNTINUED) <br />A regular meeting oP the Board of Commi esSOners for the County oP Orange <br />convened at the County Courthouse in Hillsboro, the re gvlar pl.aca of meeting, t <br />10 o'clock A. LS„ May 5, 1941. <br />Pre een t: Chairman J. E. Laws and Commisel ~~ers Collier Cobb end Ben F. <br />Wilson. <br />Absent: None <br />Commissioner Cobb introduced the following bond order authorizing County <br />bonds which mac read and 1s as follows: <br />ORDER AUTHOFtl ZING Sj5 000.00 <br />SCHOOL BUILDING BO 'D9 <br />WHEREAS, The County Board of Education of Orange County hae certified to <br />this Board a resolution pa seed by said County. HOard of Education on May 5, 1947 <br />showing that it is ne ee scary in order to main tsin the cons ti to ti opal s1z <br />months' school term in Oren ge County to provide certain school improvements <br />described Sn said resolution; end <br />WHEBE.45, said resoly tion repreeents that no funds are avsilable Por pro- <br />viding the school improvements described Sn said re eoluti.on, and that no <br />prowl Sion has been made b}• local taz or otherwise by which the said improve-- <br />mente can be provided, and the County Board of Educed on hea requested this <br />Hoard to authorize and issue County Hoods and to take all other necessary <br />steps 1n order that said school improvements may be provided; and <br />WHEREAS, The Hoard of Commi seio pare hae carefully examined the Yacts and <br />had determined and hereby finds ss s fact that it has become the duty of said <br />Hoard oP Commissioner~s, acting as an admini.strative agent of the State in <br />nrovi.ding a State system oP public schools, to order the issuance of Sj5, 000. C( <br />School Solidi ng Hands of said County, to pay the cost oP providing said school <br />Smpro veme nts in order to maintain the cons tltutional si:c monthb' scheol term; <br />now, therefore, <br />BE IT OADEFED AND RESOLVED 'oy the Hoard of Commissioners for the County <br />oP Orange: <br />1. That bonds of Orange County be Sesued pursuant to the County FS pence <br />Act, as amended, in an amount not exceeding $)5000.00 for the purpose of <br />providing funds Por pay in the coat oP providing the school improvements re- <br />Perred to in the Pi r..=.t pr~able of this ~oond order in order to maintain the <br />cons titu do pal six months' school term Sn Crenge County, such school Smprove- <br />sents consisting of the following: <br />Erecting an additional school tui lding on the Caldvrell <br />school grounds, <br />Erecting an addition to the Ayco ek School. <br />2. That a tax euf Pl dent to pay the princlnal and interest oP said oo nds <br />when due shall be annually levisd and toile ate d, <br />j, That a statement of the County debt hao been fl led with the Clerk and <br />is open to public inspection, <br />4. Thst this order shell take effect thirty days after the fir=_t publica- <br />tion thereof after final passage, unless Sn the meantime a petition for Sts <br />eubmi ttl on to the ve to rs is filed under said Act and that in such event St <br />shall take effect when approved 'oy the voters of the County at an election <br />as provided Sn said Act, <br />The Board thereupon designated the County Accountant as the officer to <br />file with the Clerk the statement of debt and assessed vat uati cn re oulred by <br />the County Finance Act to be filed before the final na ssege of the i;o nd order <br />this day introduced, <br />Thereupon the County Acecuntant filed with the Clerk, in the presence oP <br />the Board, the at stement of debt and asse seed valuation as required by Section <br />13 of the County Finance Act, <br />The order authors zi ng $j5, OG0. D0 School Building Bonds was thereupon <br />pa es ad on Pir st reading, <br />And thereupon the Board fixed 10 o'clock A, M., Mey 19, 1947., as the <br />date and hcur Por the publ±c hearing as required by Sec lion 16 of the Coun*.y <br />Finance Act and directed the Clerk to publlch thebond order which had been <br />introduced th±e day, together ^d th the appended note as required. by 5a cti on i5 <br />of said Act, in the News, not later than the tenth day before said date, <br />oooccoooo o0 oooo oco <br />(CO;ITINUEDj <br />