Agenda - 08-25-1997 - E2 - Laserfiche WebLink

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7 Resolution regarding publication of Bond Orders, establishing date for referenda and setting ballot questions WHEREAS,there have been adopted at this meeting bond orders entitled as follows: BOND ORDER AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION SCHOOL BONDS OF ORANGE COUNTY, NORTH CAROLINA, IN THE MAXIMUM AMOUNT OF$47,000,000 BOND ORDER AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION PARKS AND RECREATION FACILITIES BONDS OF ORANGE COUNTY, NORTH CAROLINA, IN THE MAXIMUM AMOUNT OF$6,000,000 BOND ORDER AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION PUBLIC BUILDING BONDS OF ORANGE COUNTY, NORTH CAROLINA, IN THE MAXIMUM AMOUNT OF $4,600,000 BOND ORDER AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION LOW AND MODERATE INCOME HOUSING BONDS OF ORANGE COUNTY, NORTH CAROLINA,IN THE MAXIMUM AMOUNT OF$1,800,000 BOND ORDER AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION SEWER EXPANSION BONDS OF ORANGE COUNTY, NORTH CAROLINA, IN THE MAXIMUM AMOUNT OF $1,200,000 AND WHEREAS, Section 159-58 of the General Statutes requires publication of a notice of the adoption of such Bond Orders; AND WHEREAS, such Bond Orders are to take effect when approved by the voters, and Section 159-61 of the General Statutes requires publication of notice of the bond referenda; BE IT THEREFORE RESOLVED by the Board of Commissioners of Orange County, North Carolina, that the Clerk to this Board is hereby authorized and directed to publish a notice of the adoption of such Bond Orders, in the form provided for in Section 159-58 of the General Statutes, one time in a newspaper having general circulation in the County; AND BE IT FURTHER RESOLVED that each Bond Order be subject to a bond referendum to be held within the County on November 4, 1997; AND BE IT FURTHER RESOLVED that the Clerk to this Board is authorized and directed to transmit a certified copy of this resolution to the Orange County Board of Elections within three days after today;