Orange County NC Website
WHEREAS, it is desirous to make application to the United States <br /> of America, acting through the Farmers Home Administration, United <br /> States Department of Agriculture, hereinafter referred to as the Farm- <br /> ers Home Administration for a loan in the amount of $ 250,000.00 <br /> and <br /> WHEREAS, the County of Orange levys and collects <br /> the taxes and is responsible for appropriating said funds for the use <br /> and benefit of the citizens in the fire protection district; and <br /> WHEREAS, the County desires to grant a long-term contract to en- <br /> able party of the second part ID make long-range plans; and <br /> j WHEEEAS, the County desires to standardize all its arrangements <br /> i <br /> with Fire Departments in the County; <br /> J NOW, THEREFORE, in consideration of the premises and`the consider- <br /> i <br /> i <br /> ation of. TEN DOLLARS to each the other in hand paid, the parties here- <br /> to contract and agree as follows; <br /> 1. The party of the first part contracts and agrees that it will <br /> cause to be assessed or levied a special tax of up to 0.15 <br /> per one hundred dollar valuation of all real and personal property in <br /> the Cedar Grove Eire Protection District <br /> unless otherwise limited by law and/or a vote of the people; and will <br /> collect said tax as a part of the ad valorem,taxes of the County of <br /> Orange ; provided however, beginning with the fiscal year <br /> s' <br /> 1978 the amount levied annually shall be based on the needs <br />