Orange County NC Website
z <br /> The County's bond counsel has prepared the attached resolution as part of the record of <br /> proceedings to document legal steps required of the County to pursue tax-exempt <br /> financing of the new school. <br /> Financing proposals from prospective lenders are due to the County Finance Director by <br /> noon on Friday, November 15. Staff will review proposals, with the Manager's <br /> recommendation concerning the best financing arrangement to be transmitted to the <br /> Board of Commissioners on Monday, November 18. <br /> Recommendation: The Manager recommends that the Board: 1) conduct the required <br /> public hearings; 2) approve the proposed installment purchase financing agreement; <br /> and 3) approve the attached resolution as prepared by bond counsel. <br />