Orange County NC Website
Browse       Search
7 <br /> GABLE TV RATE REGULATIONS <br /> The Board set September 6, 1994 as the public hearin g date to <br /> receive public comments on Cable TV Franchise Renewal and Cable Rate <br /> Regulations. <br /> T. RESOLUTION FOR FARMLAND PRESERVATION BOND APPLICATION <br /> The Board adopted the resolution as stated below in support of the <br /> County's application seeking approval from the Local Government Commission to <br /> hold a referendum for Farmland Preservation Bonds. <br /> RESOLUTION CONCERNING BOND ISSUE FOR PARKLAND PRESERVATION <br /> WHEREAS, the Orange County Board of County Commissioners has <br /> considered the need for preservation of farmland within the <br /> County; and <br /> WHEREAS, it is the opinion of the Board that the voters of Orange County <br /> should consider these needs in the amount of $5,000, 000; and <br /> WHEREAS, the Board has made the following factual findings in regard to <br /> this matter: <br /> 1. Description of undertaking: The undertaking for which <br /> the bonds are proposed is to provide funds for the <br /> implementation of a program of farmland preservation <br /> within the County, including the acquisition by <br /> purchase, lease or otherwise of land or any interests <br /> therein (including development rights) to maintain, <br /> protect, limit future use of or otherwise conserve open <br /> spaces and open areas constituting farmland. <br /> 2 . Facts regarding necessity of proposed program: The <br /> proposed program is necessary in order to provide <br /> farmers a timely, financially competitive alternative to <br /> selling their land for development. <br /> 3 . Facts supporting the amount of bonds proposed: The <br /> amount of bonds proposed is adequate for the proposed <br /> purpose inasmuch as the preliminary cost information <br /> prepared by the Orange County Planning Department has <br /> estimated that the bonds would provide funds to <br /> facilitate the implementation of the preservation <br /> program. <br /> 4. Past debt management policies: Orange County has in the <br /> past always appropriated funds in accordance with North <br /> Carolina law during each fiscal year in an amount <br /> sufficient to meet annual debt service requirements. <br /> 5. Past budgetary and fiscal management policies: Orange <br /> County has always adopted its budget in a timely manner <br />