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20 <br /> Orange County, North Carolina <br /> $9,600,000 1994-1995 Fiscal Year <br /> Installment Financing <br /> History of Similar Financing <br /> County/Municipality: County of Alamance <br /> Date of Financing: June, 1993 <br /> Amount Financed: $590,000 <br /> Frequency of repayment: Monthly P&I <br /> Total project cost: $590,000 <br /> Contact at County/Municipality: Chuck Kitchen 919-228-1312 <br /> Project: Purchase computer system <br /> Term: 5 year amortization <br /> Underwriting Cost. 0 <br /> Percent financed: 100% <br /> The project qualifies as a tax-exempt obligation. <br /> County/Municipality: Town of Troutman <br /> Date of Financing: September 1993 <br /> Amount Financed: $1,500,000 <br /> Frequency of repayment: Monthly P&I <br /> Total project cost: $1,500,000 <br /> Contact at County/Municipality: Jim Troutman 704-528-7600 <br /> Project: Street repairs and improvements <br /> Term: 13 yr. amt., 2 yrs. interest only <br /> 7yrs. balloon <br /> Underwriting Cost: $4,500 legal expense <br /> Percent financed: 100% <br /> The project qualifies as a tax-exempt obligation. <br /> County/Municipality: Town of Franklin <br /> Date of Financing: May 1993 <br /> Amount Financed: $3,225,000 <br /> Frequency of repayment: Semi-annual P&I <br /> Total project cost: $3,500,000 <br /> Contact at County/Municipality: Ed Henson or City Manager <br /> 704-524-2516 <br /> Project: Sewer Plant Expansion <br /> Term: 10 year amortization <br /> Underwriting Cost: 0 <br /> Percent Financed: 92% <br /> The project qualifies as a tax-exempt obligation. <br />