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Agenda - 04-10-2007-6a
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Agenda - 04-10-2007-6a
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Last modified
8/29/2008 4:01:59 PM
Creation date
8/28/2008 11:34:23 AM
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BOCC
Date
4/10/2007
Document Type
Agenda
Agenda Item
6a
Document Relationships
Minutes - 20070410
(Linked To)
Path:
\Board of County Commissioners\Minutes - Approved\2000's\2007
RES-2007-031 Resolution for Approval of Alternative Financing
(Linked From)
Path:
\Board of County Commissioners\Resolutions\2000-2009\2007
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<br />West Ten Soccer -Development of soccer <br />complex on existing county property 2,267,000 <br />Solid Waste Operations Center - 2,200,000 <br />New Facility to house solid waste staff <br />SportsPlex Renovations - 1,500,000 <br />renovations to existing facility required to <br />accommodate senior center addition <br />The County may also use additional financing proceeds to pay financing <br />costs and to pay other necessary and related costs. The list of capital projects set <br />forth above is tentative and subject to final Board approval. <br />The hearing will be held in the Commissioners' usual meeting room, F. <br />Gordon Battle Courtroom, Orange County Courthouse, Hillsborough, North <br />Carolina. <br />The proposed financing would be secured by a lien on the new elementary <br />school and the justice facility (and, in each case, the associated real property) and <br />the County's promise to repay the financing, but there would be no recourse <br />against the County or its property (other than the pledged facilities and the <br />associated land) if there were a default on the financing. <br />A11 interested persons will be heard. The County's plans are subject to <br />change based on the comments received at the public hearing and the Board's <br />subsequent discussion and consideration. The County's entering into the financing <br />is subject to obtaining approval from the North Carolina Local Government <br />Commission. <br />Persons wishing to make written comments in advance of the hearing or <br />wishing more information concerning the subject of the hearing may contact <br />Kenneth T. Chavious, Finance Officer, Orange County, Post Office Box $181, <br />Hillsborough, NC 27278 (telephone 919/245-2453). <br />
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