Browse
Search
RES-2015-029 Resolution providing final approval of terms and documents for 2015 County installment financing
OrangeCountyNC
>
Board of County Commissioners
>
Resolutions
>
2010-2019
>
2015
>
RES-2015-029 Resolution providing final approval of terms and documents for 2015 County installment financing
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/6/2019 10:12:29 AM
Creation date
5/20/2015 2:50:02 PM
Metadata
Fields
Template:
BOCC
Date
5/19/2015
Meeting Type
Regular Meeting
Document Type
Resolution
Agenda Item
7c
Document Relationships
Agenda - 05-19-2015 - 7c
(Linked To)
Path:
\Board of County Commissioners\BOCC Agendas\2010's\2015\Agenda - 05-19-2015 - Regular Mtg.
Minutes 05-19-2015
(Attachment)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2015
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
5
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
(b) A draft dated April 30, 2015, of a Deed of Trust and Security Agreement to be dated <br /> on or about June 1, 2015, from the County to a deed of trust trustee for the Company's benefit, <br /> providing for a security interest in the Gravelly Hill Middle School property to secure the <br /> County's obligations under the Financing Contract. <br /> (c) A draft dated April 30, 2015, of a Trust Agreement to be dated on or about June 1, <br /> 2015, between the Company and a Trustee, providing for the issuance of limited obligation <br /> bonds to generate funds for the advance to the County under the Financing Contract. The bonds <br /> are payable from amounts paid by the County under the Financing Contract. <br /> (d) A draft dated April 30, 2015, of an Escrow Agreement to be dated on or about June <br /> 1, 2015, between the County and the Trustee, providing for the safekeeping and investment of <br /> bond proceeds until the proceeds can be applied to the payment of existing obligations. <br /> (e) A draft of a Bond Purchase Agreement to be dated on or about June 15, 2015, <br /> providing for the underwriter's obligation to purchase the bonds. The final form of this <br /> Agreement will set out the final principal amount, principal payment schedule and interest rates <br /> for the bonds, and the other terms and conditions for the underwriter's obligation to purchase the <br /> bonds. <br /> 6 <br />
The URL can be used to link to this page
Your browser does not support the video tag.