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8 <br /> 3. Taxes will be levied in an amount sufficient to pay the principal of <br /> and interest on the bonds so issued. <br /> 4. A sworn statement of debt prepared by the County's Finance Officer <br /> has been filed with the Clerk to this Board and is open to public inspection. <br /> 5. This Bond Order will take effect when approved by the County's <br /> voters in the manner provided by law. <br /> * * * * * * <br /> The foregoing order has been introduced and a sworn statement of debt has <br /> been filed under the Local Government Bond Act showing the appraised value of Orange <br /> County, North Carolina, to be [at least] $ and the net debt thereof, including <br /> the proposed bonds, to be [not more than] $ . The Orange County finance <br /> officer has filed a statement estimating that the total amount of interest that will be <br /> paid on the bonds over the expected term of the bonds, if issued, is $2,625,000. The <br /> estimate is preliminary, is for general informational purposes only, and may differ from <br /> the actual interest paid on the bonds. A tax may be levied to pay the principal of and <br /> interest on the bonds if they are issued. <br /> Anyone who wishes to be heard on the questions of the validity of the bond <br /> order and the advisability of issuing the bonds may appear at a public hearing or an <br /> adjournment thereof to be held at 7:00 p.m. (or as soon thereafter as the matter may <br /> be heard) on April 19, 2016, in in the Board's regular meeting room in the County's <br /> Southern Human Services Center, 2501 Homestead Road, Chapel Hill, North Carolina. <br /> Persons wishing to make written comments in advance of the hearing or wishing <br /> more information concerning the subject of the hearing may contact Gary Donaldson, <br /> Orange County Finance Officer, Finance Officer, Post Office Box 8181, Hillsborough, NC <br /> 27278 (telephone 919/245-2453, email gdonaldson @orangecountync.gov). <br /> By order of the Board of Commissioners. <br /> Donna S. Baker <br /> Clerk, Board of Commissioners <br /> Orange County, North Carolina <br />