Orange County NC Website
-2- • <br /> •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 /> . <br /> _ _ <br /> • <br /> ers Home Administration for a loan in the amount of $ 300',•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 make long-range plans; and <br /> WHEREAS, the County desires to standardize all its arrangements. <br /> with Fire Departments in the County; • <br /> . NOW, THEREFORE, in consideration of the premises and the consider- <br /> ._ _ <br /> ation of- TEN DOLLARS to each the other in hand paid, the parties here- <br /> . . <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, $ .15 <br /> per one hundred dollar valuation of all real and personal property in <br /> the White Cross Fire 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 /> 1985 _ the amount levied annually shall be based on the needs. <br /> • <br />