Orange County NC Website
3 <br /> referendum, it would help the Board of Elections to receive a phone call to inform <br /> the Board of the County's plans, even if the plans are still subject to change. In <br /> addition, State law generally requires that absentee ballots be available at least 50 <br /> days prior to the election date (in this case, by September 15), and we want to be <br /> sure that our schedule is generally acceptable to the Board of Elections. <br /> 4. Obtain School Board Resolutions. If any of the bonds will be <br /> proposed for school purposes, the statutes contemplate that the affected school <br /> boards should provide a formal referendum request to the Commissioners. This <br /> request usually proposes a maximum amount of bonds to be considered at the <br /> referendum. This schedule assumes that each school board could provide this <br /> resolution to the Commissioners by mid-May. <br /> 5. Adopt "Findings" Resolution. As part of the application <br /> process, the LGC wants to see a statement describing why the proposed projects <br /> and bonds are necessary and desirable. This resolution will also state an estimated <br /> tax rate impact of the borrowing. This resolution could be adopted at a County <br /> Board meeting at any time through the June 3 scheduled meeting. This resolution <br /> will also authorize the publication of the "Notice of Intent" described in Step 6. <br /> 6. Publish Notice of Intent To File Application. The County must <br /> publish a notice of its intent to file an application for the LGC's approval of the <br /> proposed bonds. The notice must be published at least 10 days before filing the <br /> application. The notice needs to be published as soon as possible after the Board <br /> adopts the findings resolution described in Step 5. <br /> The own words resolution and the Notice of Intent establish the maximum <br /> amount of bonds that can he proposed at the referendum for each of the specified <br /> purposes. From this point, we can decrease the amount of bonds or eliminate <br /> purposes, but we can increase an amount or add a purpose only by re-starting the <br /> authorization process. <br /> 7. Make Legislative Committee 45-day filing. The guidelines call for <br /> this filing to go in 45 days before the LGC considers your application. Because the <br /> LGC only needs to "accept" your application in advance of the referendum — it <br /> doesn't technically have to "approve" the application prior to the referendum -- I'd <br /> suggest we send in the legislative filing when we're ready to file the LGC <br /> application, and just ask the LCG to defer formal action until our 45-day period has <br /> expired. So that would mean making the filing some time after the June 3 County <br /> Board meeting. <br /> 2 <br />