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Resolution regarding publication of Bond Order <br />WHEREAS, there has been adopted at this meeting a bond order entitled as follows: <br />BOND ORDER AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION <br />PUBLIC BUILDING BONDS OF ORANGE COUNTY, NORTH CAROLINA, IN <br />THE MAXIMUM AMOUNT OF $2,846,000; and <br />WHEREAS, the General Statutes require the publication of a notice to complete the process of <br />authorizing the bonds; <br />BE IT THEREFORE RESOLVED by the Board of Commissioners of Orange County, North <br />Carolina, that the Clerk to this Board is hereby authorized and directed to publish a notice of the adoption <br />of such Bond Order, in the form provided for in Section 159-58 of the General Statutes, one time in a <br />newspaper having general circulation in the County. <br />This, the 1St day of February, 2000. <br />VOTE: UNANIMOUS <br />8. ITEMS FOR DECISION -CONSENT AGENDA <br />A motion was made by Commissioner Gordon, seconded by Commissioner Jacobs to <br />approve those items on the consent agenda as stated below: <br />a. Minutes <br />The Board postponed this item to the next meeting. <br />b. Economic Development Funding by the General Assembly <br />The Board authorized the release of funds appropriated to the Councils of Government by the <br />N.C. General Assembly to assist in County economic development efforts and authorized the Chair to <br />sign the resolution as stated below: <br />RESOLUTION 99100 <br />ORANGE COUNTY BOARD OF COMMISSIONERS <br />WHEREAS, in North Carolina the Lead Regional Organizations, as voluntary organizations serving <br />municipal and county governments, have established productive working relationships with the cities and <br />counties across the state; and <br />WHEREAS, the General Assembly continued to recognize this need through the appropriation of <br />$990,000 to help the Lead Regional Organizations assist local governments with grant applications, <br />economic development, community development, and to support local industrial development activities <br />and other activities as deemed appropriate by their local governments; and <br />WHEREAS, these funds are not intended to be used for payment of members' dues or <br />assessments to Lead Regional Organization or to supplant funds appropriated by the member <br />governments; and <br />WHEREAS, in the event that a request is not made by a unit of government for release of these <br />funds to our Regional Council, the available funds will revert to the State's General Funds; and <br />WHEREAS, in Region J funds in the amount of $55,000 will be used to carry out the economic <br />development plan approved by the COG Board of Delegates and especially to improve the economy of <br />the counties and towns of the Region by strengthening ties to, and consequently, the benefits of the <br />Research Triangle Park. <br />