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<br />(s) Thet on ?:Sarch 5, 1951 the Board of Commissioners for the Ceunty of
<br />Or¢n ;e passed a resolution entitled: "HESOLUTI OSI FIXI?iG THE DETAILS, A?•iD FORh1
<br />Ai~ID )tANhfER OF EXECIJTIOi~1 OF :}"1,000,000 SCHOOL BUILDIPiG BOtIDS, AND PROV IDrdG
<br />FOR THE REGISTRATi 04I THEF.EOF", which bonds vrere authorized by an order finally
<br />nos sad on October 17, 19!49• ~ '
<br />(b) Thet no bonds have been issued pursuant to seid resolution or said j
<br />order, and a 5250,000 note has been issued in anticineti on of the receipt of -"
<br />the proceeds of a like amount of said bonds, which note is de sign¢ted "School
<br />Building Bond Anticinati on Piota", is dated Jenuery 10, 1951 end matures on
<br />April 10, 1951.
<br />(c) Thet it is necessary that Orange County, acting as an administrative
<br />agent of the State in providing a State system of public schools, issue at this
<br />time 5735,000 of s¢id $1,000,000 school building bonds, 5250,000 of the proceed
<br />of which shall be used to pay seid note at Sts maturity.
<br />Suction 2. That there shall be issued at this time 5735,000 of-said
<br />51,000,000 school building bonds, vrhich ?}735,000 bonds shall be designated
<br />"SChoo1 Building Bonds, Series A", shell cons lst of 735 bonds of the denomi-
<br />nation of 51,000 each, numbered 1 to 735, inclusive, and said bonds shall
<br />mature annually, Juno 1, in numerical order, lours st numbers first, 516,000
<br />1953, $13,000 195!4 to 1956, inclusive, 523,000 1957 to 1962, inclusive, 530,000
<br />1963 to 1979, inclusive, and $32,000 1980, rri thout option of prior payment.
<br />Section 3. That the action of the County Attorney in applying to the
<br />Local Government Commission to edvertisa and sell seid :1735,000 School Building
<br />Bonds, Senles A, and the action of the Local Government Commission 1n asking
<br />for sealed bids far s¢id bonds (by nub! lshing e sole notice and nr inting ¢nd
<br />distributing circulars), be and the same is hereby retif led ¢nd confirmed.
<br />Upon motion of Commissioner Eflend, seconded by Commissioner Laws, the
<br />forego'_ng resolution entitled: "RESOLGTIO;i PROVIDZSiG FOR Tii'; ISSUAPiCE OF
<br />5735,000 SCHOOL BUILDPtO BO?dDS, SERIES A", was na ssed by the following vote:
<br />Ayes: Commissioners Cobb, Laws and Eflend
<br />Noes: No no
<br />hi^, Percy G. Allison presented z rued ne ti lion cvllna for n rozd running ~-~
<br />from tdrs. Tim A111s on's home on Highnay iSo. 86 to the Cedzr Grcve-Pro snect Hill ~
<br />Hoed et Cerl tope's niece.
<br />Tdr. P.te theson end lair. Harries eppeered and reported on t're work done through
<br />their office since thz rust of the yens,
<br />"~frs. Hamrlc?: and >,13 ss Cathay cope Bred and left their 1950 yearly report
<br />for the Hcard to to oh over.
<br />Dr. Garvitt and Sheriff Latl s. enps eyed end discus $ed plans for getting the
<br />dogs in the County vaccinated.
<br />Upon motion of Conmiss loner Eflend, seconded by Com::i ssi over Lzva, Ire .4.
<br />`hard is hereby ¢utt:orized to purci~eso S1000.00 Fire Inaur¢nce on the office
<br />eeuiamant in the County Agent's Office.
<br />The followinry ro ed ps ti flops were approved and ord_red sort to the State
<br />::l ghwey 2. Public Clorks Commission for the i!• consideration:
<br />Hozd in Ceder Grove Tovrn ship running from old Hesse Pleca to
<br />Caswell County Line. Disten ce: .8 of a mile.
<br />Hoed in Chenel A111 Tovrnship running from Colmnbie Street E;clen-
<br />sion to Air_oort Road and knoem as Stinson Street. Dist once: .3
<br />of e mile.
<br />Road in Chenel E111 Tosns hlo running from +/oodlend Avenue to
<br />?i ttsb orc Roed, aad !mown as Val entins Len=, Length of roes:
<br />6.78 feet,
<br />Roe,i in Chenel iii 11 Toy.^.+sh in run.ing :rum fii gL+!•ray 558 Eesty;erd,
<br />and is knovrn es Dogwood Drive. Lenrth of road: 3~!! ~nilas.
<br />Hoed in Che pal Hill Tocrnsh iP running from iieson Fern Hoad to South ~~~•
<br />P/hitehe ed Circle end around 7ihi tehead. Circle, and is ]moan as -
<br />l:iorgans Creek 3oed and iJi:i teheed Circle. Len.~th of roe d: 1803
<br />feet.
<br />Road is C'napel Hill To~~mshi o, running from P.rroerne ad Roed to Green-
<br />vraod Roed, ~.d is kno;vn es Old i!ill Road, end Arrowhead Ro¢d from
<br />Grsenrrood Roed to Christopher Roed and from Arrowhead Road to
<br />Ra1elGit Eighv+ey. Length of road: 376 foot,
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