Orange County NC Website
; <br /> i` <br /> J. discount or commissions, if any, and legal, accounting, <br /> financing and printing expenses . <br /> " (d) The Company has determined that the Industrial <br /> Project will create employment for approximately sixteen (16) <br /> persons and preserve 20 jobs for persons in Orange County and <br /> the surrounding area. " - -- <br /> Section 2 <br /> " (a) It will authorize the issuance and sale of one or <br /> { more issues of its industrial development revenue bonds, <br /> pursuant to the terms of the Act as then in force, in an <br /> aggregate principal amount not exceeding $1,500, 000 for the <br /> purpose of paying all or a portion of the cost of the Indus- <br /> trial Project. " <br /> Section 3 <br /> "(b) It will make arrangements for the sale of the <br /> industrial development revenue bonds and Cooperate with the <br /> Authority in making arrangements for the issuance of the <br /> industrial development revenue bonds in an aggregate prin- <br /> cipal amount not exceeding $1, 500,000 and to the extent that <br /> the proceeds derived from the sale of the industrial <br /> development revenue bonds are not sufficient to complete the <br /> Industrial Project, the Company will supply all additional <br /> funds which are necessary for the completion of the Indus- <br /> trial Project. " _=. <br /> i <br /> L. <br /> 2. <br /> ..�.._...,. . . - <br />