Orange County NC Website
013 <br /> -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 /> ers Home Administration for a loan in the amount of $ 300,000.00 ; <br /> and <br /> WHEREAS, the County of Oran tie 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 /> ation of TEN DOLLARS to each the other in hand paid, the parties here- <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 end/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 g provided however, beginning with the fiscal year <br /> ' 1985 the amount levied annually shall be based on the needs <br />