Orange County NC Website
36 <br /> GENERAL OBLIGATION BONDS AUTHORIZED AND UNISSUED <br /> Date Authorized Bonds <br /> Purpose Approved and Unissued Now Offered Balance <br /> Parks and <br /> Open Space 11106/2001 $ 6,500,000 $ — $ 5,600,000 <br /> Housing 11/06/2001 1,400,000 — 1,400,000 <br /> Refunding 06/23/2005 4,000,000 — 4,000,000 <br /> Refunding 10/20/2009 27.000.000 9,760,0001 17.240.00Q 2 <br /> $37,900,000 $ 9,760,000 $ 28,140,000 <br /> 'Subject to change as described in the Notice of Sale. <br /> 2The County does not intend to issue the remaining authorized and unissued bonds. <br /> GENERAL OBLIGATION DEBT INFORMATION FOR UNDERLYING UNITS AS OF OCTOBER 31,2009 <br /> Bonds Authorized Total Total <br /> 2008 Assessed Tax hate and Unissued GO Debts GO Debt <br /> Unit PopulationI Valuation Per 51002 Utility Other Utility Other Per Capita <br /> Carrboro 19,479 $1,430,312,905 $.0537 $ — $4,600,000 $ — $2,616,107 $134.30 <br /> Chapel Hill 55,616 6,640,522,787 .522 — 20,410,000 — 17,415,000 313.13 <br /> Hillsborough <br /> (County Seat) 6,660 626,401,231 .691 - - 122,000 - 18.32 <br /> Mebane 9,848 4 1,149,864,403 .50 980,000 99.51 <br /> (Estimates of North Carolina Office of State Budget and Management. <br /> 2Rates are for the fiscal year ended June 30,2008. <br /> $Does not include installment financing agreements,revolving loans and revenue bonds as these ob- <br /> ligations are not general obligations. <br /> 49%reside in Orange County and 91%reside in Alamance County <br /> 18 <br />