Orange County NC Website
States Internal Revenue ~ Code of 1986, as amended, and includes applicable <br />Treasury regulations. <br />5. Reimbursement Declaration -- The County intends that the adoption <br />of this resolution will be a declaration of the County's official intent to reimburse <br />project, expenditures from financing proceeds. The County intends that funds that <br />have been advanced, or that may be advanced, from the County's general fund, or <br />any other County fund, for project costs will be reimbursed from the financing <br />proceeds. . <br />6. Miscellaneous Provisions -- All County officers and employees are <br />authorized and directed to take all such further action as they may consider <br />necessary or desirable in furtherance of the purposes of this resolution. All such <br />prior actions of County officers and employees are ratified, approved and <br />confirmed. Upon the absence, unavailability or refusal to act of the County <br />Manager, the Board's Chair or the Finance Officer, any other of such officers may <br />assume any. responsibility or carry out any function assigned in this resolution. <br />All other Board, proceedings, or parts thereof, in conflict with this resolution. are <br />repealed, to the extent of the conflict. This resolution takes effect immediately. <br />