Orange County NC Website
• <br /> special meeting in the week of <br /> February 20. <br /> By February 15 (Wednesday)- Receipt of application by <br /> Local Government Commission. <br /> Week of February 20 Meeting of your governing body <br /> to introduce refunding bond <br /> order and call public hearing. <br /> By March 3 (Friday) Publication of refunding bond <br /> order as introduced with <br /> notice of public hearing in <br /> local newspaper qualified for <br /> legal publication. <br /> By March 9 (Thursday) Deadline for receipt by FmHA <br /> of 5% deposit and signed <br /> Indication of Interest (FmHA <br /> form) . <br /> Week of March 13 Meeting of your governing body <br /> to hold public hearing, adopt <br /> refunding bond order and pass <br /> private sale resolution. <br /> By March 24 (Friday) ' ;' ' Publication of refunding bond <br /> order as adopted in same <br /> newspaper; 30-day period of <br /> limitation under G.S. §159-59 <br /> starts to run. <br /> Week of April 10 Determination by Commission of <br /> principal amount of refunding( <br /> bonds and advice to your bank <br /> of such amount. <br /> - Determination of maturity <br /> schedule by your bank and <br /> advice thereof to you. <br /> - Agreement between you and your <br /> bank as to maturity schedule <br /> and all other refunding bond <br /> details and furnishing by your <br /> bank of draft term sheet to <br /> bond counsel. <br /> Week of April 17 _/: Receipt by bond counsel of <br /> draft term sheet from your I <br /> bank. <br /> -2- <br />