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~~~~~~~~~~~~~~~~~~~~~~~~~~~~~*~ <br />Exhibit A -- Draft Documents <br />(a) A draft dated January 30, 2012, of an Installment Financing Contract to be <br />dated on or about April 1, 2012 (the "Financing Contract"), between the County and <br />Orange County Public Facilities Company (the "Company), providing for the advance of <br />funds to the County for the County to pay project costs and to refinance existing County <br />financing obligations, and further providing for the County's obligation to repay the <br />amounts advanced. <br />(b) A draft dated January 30, 2012, of a Deed of Trust and Security Agreement <br />to be dated on or about April l, 2012, from the County to a deed of trust trustee for the <br />Company's benefit, providing for a security interest in the new elementary school and, <br />potentially, other County property to secure the County's obligations under the Financing <br />Contract. <br />(c) A draft dated January 30, 2012, of a Trust Agreement to be dated on or <br />about April l, 2012, between the Company and a Trustee, providing for the issuance of <br />limited obligation bonds to generate funds for the advance to the County under the <br />Financing Contract. The bonds are payable from amounts paid by the County under the <br />Financing Contract. <br />(d) A draft of a Bond Purchase Agreement to be dated on or about March 29, <br />2012, providing for the underwriter's obligations to purchase the bonds. The Bond <br />Purchase Agreement includes a Letter of Representation to be delivered by the County. <br />The final form of this Agreement will set out the final principal amount, principal <br />payment schedule and interest rates for the bonds. <br />~~~~~~~~~~~~~~~~* <br />I certify as follows: that the foregoing resolution was properly adopted at a <br />meeting of the Board of Commissioners of Orange County, North Carolina; that this <br />meeting was properly called and held on February 21, 2012; that a quorum was present <br />and acting throughout the meeting; and that this resolution has not been modified or <br />amende d remains in full effect as of today. <br />t4~~~e t ~~~~~~ <br />~ Z' day of February, 2012. <br />~ <br />52 <br />17 <br />Cl rk, Boar of Commissioners <br />.~s~ Orange County, North Carolina <br />`~°rth ~a`°~ , <br />4 <br />