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Certificate of Approval <br />Approval of Chief Elected Official of <br />Orange County <br />I, Moses Carey, Jr., Chair of the Board of County Commissioners <br />of Orange County, pursuant to the Internal Revenue Code of 1986, <br />as amended (the "Code") hereby approve, authorize the entering <br />into by Efland Volunteer Fire Company, Inc. a tax-exempt <br />commercial loan by Hillsborough Bank in the amount of $78,000 to <br />finance a the purchase of a 19 acres of land (Orange County <br />parcel number 10757 located in on Highway 70 across from <br />Hancor, Corporation in Efland, NC 27243. <br />Execution of this document in no way creates liability on the part of <br />Orange County and Orange County is not responsible for the <br />repayme t of any loan p ant hereto. <br />By: <br />Title: Chair, Orange County Boar o Commis <br />Date: October 13, 2005 <br />