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Agenda - 12-05-94 - VII-A
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Agenda - 12-05-94 - VII-A
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11/9/2016 11:30:32 AM
Creation date
11/9/2016 8:19:54 AM
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BOCC
Date
12/5/1994
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
VII-A
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19 <br /> Orange County, North Carolina <br /> $9,600,000 1994-1995 Fiscal Year <br /> Installment Financing <br /> History of Similar Financing <br /> County/Municipality: City of Graham <br /> Date of Financing: By November 30, 1993 <br /> Amount Financed: $2,000,000 <br /> Frequency of repayment: P&I semi annually <br /> Total project cost: $2,000,000 <br /> Contact at County/Municipality: Ray Fogleman 919-228-8362 <br /> Project: Police Dept. Building <br /> Term: 10 yrs. straight amount <br /> Underwriting Cost: $3,900 legal bill <br /> Percent financed: 100% <br /> The project qualifies as a tax-exempt obligation. <br /> County/Municipality: Town of Cary <br /> Date of Financing: October, 1993 <br /> Amount Financed: $3,615,000 <br /> Frequency of repayment: Annual P ; I monthly <br /> Total project cost: $9,037,500 <br /> Contact at County/Municipality: Karen Mills 919-469-4110 <br /> Project: Public Works/Utility Bldg. <br /> Term: 4 year amt. <br /> Underwriting Cost: $3,000 legal fees <br /> Percent financed: 40% <br /> The project qualifies as a tax-exempt obligation. <br /> County/Municipality: City of Greensboro <br /> Date of Financing: July, 1993 <br /> Amount Financed: $590,000 <br /> Frequency of repayment: Monthly P&I <br /> Total project cost: $590,000 <br /> Contact at County/Municipality: Sammy Vestal 919-373-2077 <br /> Project: Purchase golf carts <br /> Term: 59 months amt. <br /> Underwriting Cost: $2,000 legal fees <br /> Percent financed: 100% <br /> The project qualifies as a tax-exempt obligation. <br />
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