Orange County NC Website
Browse       Search
- Preparation by bond counsel of <br /> term sheet in final form and <br /> distribution to your bank and <br /> you for final review. <br /> Clearance of term sheet by <br /> your bank with bond counsel. <br /> - Distribution by bond counsel <br /> of bond purchase agreement <br /> with attached term sheet to <br /> your bank for execution. <br /> - . Distribution by bond counsel <br /> of award, certificate to Com- <br /> mission for execution by a <br /> designated representative. <br /> - Distribution by bond counsel <br /> of a single registered bond to <br /> Commission for execution by <br /> Commission. <br /> Distribution by Commission to <br /> your bank of purchase price of <br /> refunding bonds plus accrued <br /> interest thereon to date of <br /> closing. <br /> - Arrangement by your bank for <br /> payment of refunding bonds <br /> with a depository to be desig- <br /> nated. <br /> Week of April 24 Distribution by your bank of <br /> bond purchase agreement, <br /> executed by bank, to Com- <br /> mission. <br /> May 1 (Monday) through - Closing of refunding bond <br /> May 4 (Thursday) issue. <br /> May 5 (Friday) Purchase of your outstanding <br /> bond or bonds from FmHA. <br /> May 9 (Tuesday) FmHA deadline for purchase of <br /> outstanding bond or bonds. <br /> -3- <br />