Browse
Search
Agenda - 09-26-2013 - 5
OrangeCountyNC
>
Board of County Commissioners
>
BOCC Agendas
>
2010's
>
2013
>
Agenda - 09-26-2013 - Joint Mtg. - School Boards
>
Agenda - 09-26-2013 - 5
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/11/2015 3:55:49 PM
Creation date
9/20/2013 4:35:55 PM
Metadata
Fields
Template:
BOCC
Date
9/26/2013
Meeting Type
Schools
Document Type
Agenda
Agenda Item
5
Document Relationships
Minutes 09-26-2013
(Linked From)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2013
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
10
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
n <br />8. File LGC Application. As stated above, this cannot happen until <br />at least 10 days have elapsed since the publication of the notice of intent. The <br />application needs to be filed and formally accepted by the LGC before we have the <br />County Board take its next steps as described in Step 9. <br />Although we have to submit the LGC application as part of the referendum <br />process, it is not necessary to receive LGC approval until we are ready to proceed <br />with the actual sale of bonds, which of course will be after the referendum. The <br />LGC may or may not act on the application prior to the referendum, although the <br />current LGC practice is in fact to consider applications as they are received <br />(instead of waiting for the time of a bond issuance). <br />9. Introduce Bond Orders; Set public hearing. After the County <br />files its application, the Board needs to introduce the "Bond Orders" and set a date <br />for the required public hearing. We can take these actions at any time after the <br />LGC accepts the application (even the same day). Our schedule shows these steps <br />occurring at a Board meeting in early February. <br />The "Bond Order" is the basic authorization for bonds approved by the <br />County Board. The statutes provide for the format and most of the text of a bond <br />order; the bond order is a short, general statement of the Board's determination to <br />proceed. Each of the separate generic purposes for which bonds are to be <br />proposed will be the subject of a separate bond order: The details of an actual bond <br />issue are further approved by the Board at the time of a bond issue. <br />10. File sworn statement of debt. This is a statement, required by <br />statute, that details outstanding County debt. This document will be similar, but not <br />quite identical, to a debt statement that appears in the LGC application. This <br />statement needs to be filed after the bond orders are introduced but before the <br />publication of the notice of public hearing (as described in the next step). <br />11. Publish Notice of Public Hearing. We need to publish notice of <br />the required public hearing at least six days prior to the hearing. <br />12. Hold Public Hearing; Adopt Bond Order; Set Ballot Question and <br />Referendum Date. After holding a public hearing, the Board needs to adopt the <br />Bond Orders and adopt a resolution that formally sets the ballot questions and the <br />date for the referendum. Our schedule shows these steps occurring at a County <br />Board meeting in early March. The Board Clerk must then send a copy of the <br />resolution setting the date and the ballot question to the County Board of Elections <br />
The URL can be used to link to this page
Your browser does not support the video tag.