Orange County NC Website
Sanford Holshouser LLP <br />www.Sanfordholshouserlaw.com <br />November 6, 2014 Attachment 2 <br />Orange County Installment Financing — Schedule <br />County Board provides informal approval of projects <br />BOCC meeting of Nov. 6 <br />and general financing plan <br />County staff makes initial, informal contact with LGC <br />As soon as convenient <br />County sends out bank loan RFP <br />Week of Nov. 10 <br />Publish notice of County public hearing <br />By Nov. 29 (must be at <br />least ten days' prior to <br />hearing date) <br />Bank proposals due back to the County <br />Dec. 1 <br />County Board holds public hearing; adopts <br />BOCC of Dec. 9 <br />preliminary resolution in support of application to <br />LGC <br />County makes filing with legislative joint committee <br />By Dec. 20 for LGC <br />approval in February <br />County's preliminary application due to LGC <br />By Jan. 6 for LGC <br />approval in February <br />County Board adopts resolution formally approving <br />BOCC meeting of Jan. 22 <br />substantially final financing terms and documents <br />LGC approval <br />Feb. 3 <br />Loan closing <br />Feb. 10 or thereafter <br />