Orange County NC Website
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$1, 100, 000 Public Building Bonds, Series 1989 , dated May <br /> 1, 1989 and stated to mature on May 1, 1994 to <br /> 2009 , inclusive, <br /> $6, 795, 000 School Bonds, Series 1990, dated June 1, 1990 <br /> and stated to mature on June 1, 1994 to 2010, <br /> inclusive, and <br /> $1, 080, 000 Public Building Bonds, Series 1990, dated June <br /> 1, 1990 and stated to mature on June 1, 1994 <br /> to 2010, inclusive. <br /> 2 . That taxes shall be levied in an amount sufficient to pay <br /> the principal of and the interest, on the Refunding Bonds authorized <br /> hereby. <br /> 3 . That a sworn statement of the debt of said County has <br /> been filed with the Clerk to the Board of Commissioners for said <br /> County and is open to public inspection. <br /> 4 . That this order shall take effect upon its adoption. <br /> ORDER AUTHORIZING $8 ,200, 000 <br /> REFUNDING BONDS <br /> BE IT ORDERED by the Board of Commissioners for the County of <br /> Orange: <br /> 1. That, pursuant to The Local Government Bond Act, as <br /> amended, the County of Orange, North Carolina, is hereby authorized <br /> to issue Refunding Bonds in an aggregate principal amount not <br /> exceeding $8 , 200, 000 for the purpose of providing funds, with any <br /> other available funds, for refunding all or a portion of the <br /> following outstanding bonds of said County (including paying <br /> expenses related thereto) : <br /> $4 , 020, 000 Public Building Bonds, Series 1991, dated May <br /> 1, 1991 and stated to mature on May 1, 1994 to <br /> 2010, inclusive, and <br /> 2 <br />