Agenda - 02-04-1980 - Laserfiche WebLink

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" t ~ Co issioners Room of the County Courthouse in Hillsborough, North Carolina, has been on files in my office pursuant to G.S. 143-31.8.8 as of a date not less than seven days before said meeting. wITNESS my hand and the common seal of said County, this 4th day of FebruaFy, 1980. Clerk to thy. Board or Coin itis9 L [seal] (F) THE ORA14GE COUNTY INDUSTRIAL FACILITIES AND POLLUTION CONTROL FINANCING AUTHORITY The Board of Commissioners of The Orange County In- dustrial Facilities and Pollution Control. Financing 2-uthcrity met in special session at the Carrboro Town Hall in Carrboro , North Carolina, at 7:30 P .M. o'clock, on February 5 , 1980. Preaeni: Chairman Shannon Julian _, presiding, and Commissioners Brian Mansfield Wean McKee and Edward Bergman. Absent: Commissioners Sandy Mcciamrock and Clarence Payne. Also present: Geoffrey E. Gledhill, counsel to the Authority and Brian C. Mansfield, Secretary to the Authority. Geoffrey E. Gledhill, counsel to the Authority, pre- sented the following doctanents in connection with the proposed issuance by the Authority of Its Industrial Revenue Bond (W.H. Brady Co. Project) (the "Bond") in the pr1r1ci-,,Ll amount of $2,000,000: (a) a Bond Purchase Agreement, dated as of January 1, 1980, among the Authority, North Carolina National Bank (the "Bank") and W.H. Brady Co. '.the "Company") ; (b) a Loan Agreement, dated as of January 1, 1980 Pay and between the Authority and the Company; (c) an Assignment dated as of January 1, 1930, front the Authority to the Bank; (d) a Security Agreement, dated as of January .1 , 1'-r'0, between the Company and the Authority; and (e) a Deed of Trust, dated as of January 1, 1980, :".cm the Company, to John G. Geist, Trustee, for the