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103 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS pietian Agenda <br /> Item No. al <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: JUNE 21, 1988 <br /> SUBJECT: PROPOSED TIMETABLE FOR NOVEMBER BOND ISSUE <br /> DEPARTMENT: COUNTY MANAGER PUBLIC HEARING: Yes X No <br /> ATTACHMENT(S) : INFORMATION CONTACT: MANAGER'S <br /> OFFICE,X501 <br /> TELEPHONE NUMBER: <br /> Hillsborough - 732-8181 <br /> Chapel Hill - 968-4501 <br /> Mebane - 227-2031 <br /> Durham - 688-7331 <br /> PURPOSE: To consider a proposed timetable to complete the steps neces- <br /> sary in conducting a successful bond referendum for the <br /> November date. <br /> BACKGROUND: There are a number of steps required by the North Carolina <br /> local government commission in order for a local government to <br /> successfully proceed with the bond issue. Assuming that the <br /> bond referendum will be held at the same time of the general <br /> election in November, the staff proposes that the attached <br /> timetable be considered by the Board of Commissioners in pro- <br /> ceeding with the steps necessary for a submission of a bond <br /> issue of referendum to the voters. <br /> RECOMMENDATION(S) : <br /> That the Board of Commissioners concur in the attached state- <br /> ment authorize staff to <br /> meet of procedures and timetable and <br /> authorzz <br /> proceed accordingly. <br /> II <br />