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Zee-) <br /> 3 <br /> E-5 - <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> A RESOLUTION APPROVING A TAX-EXEMPT FINANCING ARRANGEMENT FOR <br /> PURCHASE OF TWO PUMPER TANKERS BY ENO FIRE & EMERGENCY SERVICES, INC. <br /> WHEREAS, Eno Fire & Emergency Services has represented to the Board of Commissioners <br /> that it needs to-acquire two pumper tankers to replace two aging fire trucks, and <br /> WHEREAS, Eno Fire & Emergency Services is unable to pay anticipated acquisition costs <br /> entirely with funds on hand; and <br /> WHEREAS, Eno Fire & Emergency Services is able to borrow funds to complete the financing <br /> of these vehicle acquisitions at a favorable interest rate if the loan is approved by the unit of <br /> local government with which the fire department contracts to provide fire protection; and <br /> WHEREAS, on April 10, 2000, Eno Fire & Emergency Services held a required public hearing <br /> on this matter following adequate public notice of that hearing, as outlined in a record of that <br /> hearing certified by the Secretary to the Board of Directors, and <br /> WHEREAS, the Board of County Commissioners desires to approve a tax-exempt financing <br /> arrangement between Eno Fire & Emergency Services and a qualified lender; <br /> NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of Orange County that <br /> the public hearing is ratified and said financing arrangement is-approved. <br /> This, the 16th day of May, 2000. <br />