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P <br />Sanford Holshouser LLP <br />Orange County -- Proposed Timetable for November '16 Bond Referendum <br />Event <br />1. Determine referendum plan — <br />tentative amounts and purposes, <br />and target election date <br />2. Give informal notice to County Board <br />of Elections <br />3. Meet with LGC staff <br />4. Obtain school board resolutions <br />5. Board adopts preliminary resolution <br />explaining purpose for referendum <br />and authorizing publication of notice <br />of intent to file LGC application <br />6. Publish notice of intent to file <br />application <br />7. Make legislative committee 45 -day <br />filing <br />8. File LGC application <br />9. Prepare statement of debt and <br />statement of estimated interest <br />10. Board introduces bond orders and <br />schedules public hearing <br />11. Publish notice of public hearing <br />Date <br />As soon as possible <br />As soon as possible after informal <br />decision to proceed with a November <br />referendum <br />As soon as possible after informal <br />decision on referendum plan— prior to <br />Event 5 <br />Prior to Event 5 — school boards to act by <br />end of April 2016 <br />BOCC meeting sometime in May or early <br />June <br />As soon as possible after Event 5 <br />As soon as possible after Event 5 <br />Must be at least 10 days after Event 6 and <br />prior to Event 9 <br />In connection with preparing LGC <br />application <br />BOCC meeting prior to summer break <br />After Event 10 and at least six days prior <br />to Event 12 <br />