Orange County NC Website
Browse       Search
6 <br />Exhibit B -Draft Documents <br />(a) A. draft dated Apri123, 2007, of an Installment Financing Contract to <br />be dated on or about June I, 200T (the "Financing Contract"), between the County <br />and SunTrust, providing for the advance of funds to the County for the County's <br />undertaking of the Projects. <br />(b) A draft dated April 23, 2007, of a Deed of Trust and Security <br />Agreement to be dated on or about June 1, 2007, from the County to a deed of trust <br />trustee for SunTrust's benefit, providing for a security interest in the proposed new <br />Elementary School #10 and the County Justice Facility (and, in each case, .the <br />associated real property) to secure the County's repayment obligation. <br />(c) A draft dated Apri123, 2007, of a Project Fund Agreement to be dated <br />on or about June 1, 2007, providing for the safekeeping of fmancing proceeds <br />pending their use on Project Costs. <br />