Agenda - 03-24-1987 - Laserfiche WebLink

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• • _. . 00 The Board of Commissioners for the County of Orange, North Carolina, met in regular session at the Orange County Courthouse, 106 Margaret Lane in Hillsborough, North Carolina, the regular place of meeting, at 7:30 P.M., on February 2,1987. Present: Chairman Shirley Marshall, presiding, and Commissioners Moses Carey, Stephen Halk lot is, John Hartwell and Don Willhoit • Absent: None - - Also present: Gordon Baker, Finance Director and Beverly Blythe, Clerk to the Board of Commissioners. • r • * * * * - Commissioner Moses Carey introduced the following order authorizing bonds which was read: • ORDER AUTHORIZING $200,000 SANITARY SEWER BONDS BE IT ORDERED by the Board of Commissioners for the County of Orange: 1. That, pursuant to The Local Government Bond Act, as amended, the County of Orange, North Carolina, is hereby author- ized to contract a debt, in addition to any and all other debt which said County may now or hereafter have power or authority to contract, and in evidence thereof to issue Sanitary Sewer Bonds in an aggregate principal amount not exceeding $200,000 for the purpose of providing funds, with any other available funds, for constructing a portion of a sanitary sewer system for said County, including the construction of sewage collector, inter- ceptor and force mains and lines, sewage pumping facilities and appurtenant facilities, the construction of a sewage main to transport sewage to the sanitary sewer system of the Town of Hillsborough for treatment and the acquisition of any necessary land, rights of way and equipment therefor. 2. That taxes shall be levied in an amount sufficient to pay the principal of and the interest on said bonds. BaQwwa oco.ONE WORLD rR.eccgNrea.Miw.ONn.N♦MOW