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Agenda - 07-25-1988
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Agenda - 07-25-1988
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10/26/2016 9:08:40 AM
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10/3/2016 3:40:22 PM
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BOCC
Date
7/25/1988
Meeting Type
Special Meeting
Document Type
Agenda
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ORDER AUTHORIZING $7 , 000, 000 <br /> PUBLIC BUILDING BONDS <br /> BE IT ORDERED by the Board of Commissioners for the <br /> County of Orange: <br /> 1. That, pursuant to The Local Government Bond Act, as <br /> amended, the County of Orange, North Carolina, is hereby author- <br /> ized to contract a debt, in addition to any and all other debt <br /> which said County may now or hereafter have power or authority to <br /> contract, and in evidence thereof to issue Public Building Bonds <br /> in an aggregate principal amount not exceeding $7 , 000, 000 for the <br /> purpose of providing funds, with any other available funds, for <br /> enlarging, expanding and improving public buildings and <br /> facilities of said County, including the construction of <br /> additional buildings and additions to existing buildings and the <br /> reconstruction and renovation of existing buildings to provide <br /> additional space for administrative and governmental functions <br /> and services, the construction of related access and parking <br /> facilities and the acquisition of necessary land, rights of way <br /> and equipment. <br /> 2 . That taxes shall be levied in an amount sufficient <br /> to pay the principal of and the interest on said bonds. <br /> 3 . That a sworn statement of the debt of said County <br /> has been filed with the Clerk to the Board of Commissioners for <br /> said County and is open to public inspection. <br /> 4 . That this order shall take effect when approved by <br /> the voters of said County at a referendum as provided in said <br /> Act. <br /> ORDER AUTHORIZING $1, 000, 000 <br /> WATER BONDS - <br /> BE IT ORDERED by the Board of Commissioners for the <br />
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