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WACHOVIA. <br /> Wachovia Bank of North Carolina,N.A. <br /> 301 North Main Street 1:-_,3/0?3)6i3 <br /> Winston-Salem, NC 27150-3099 5 <br /> March 16, 1993 <br /> Mr. Ken Chavious <br /> Finance Director <br /> County of Orange <br /> Orange County Government Services Center <br /> 200 S. Cameron <br /> Hillsborough, North Carolina 27278 <br /> Dear Ken: <br /> We are pleased that the County of Orange has agreed to allow Wachovia Bank of North <br /> Carolina, N.A. to serve as financial advisor to the County for the advance refunding of the <br /> outstanding General Obligation School Bonds 1989, 1990,and 1991 and Public Building Bonds <br /> 1989, 1990, and 1991. Wachovia has agreed to advise the County for a fee of $15,000 plus <br /> direct out-of-pocket expenses, not to exceed $500. The fee would be payable only if the County <br /> were to complete the refunding of these bonds. <br /> We look forward to working with you on this project. <br /> Sincerely, County of Orange, North Carolina <br /> C- 10^,t,Q_ 2/it <br /> Richard M. Marvin <br /> Senior Vice President/Manager By: <br /> Public Finance <br /> ITS Finance Director <br /> ATTEST: <br /> WP 1206.msc <br />