Orange County NC Website
Browse       Search
4 <br /> RES-2017-032 Attachment 2 <br /> Resolution setting public hearing and <br /> authorizing filing of debt statement <br /> WHEREAS, there has been introduced at this meeting a bond order <br /> entitled as follows: <br /> BOND ORDER AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION <br /> SCHOOL BONDS IN THE MAXIMUM AMOUNT OF $5,900,000 <br /> AND WHEREAS, Section 159-57 of the General Statutes requires that a <br /> public hearing be held on the bond order prior to its adoption, Section 159-56 <br /> of the General Statutes requires publication of a notice of the hearing, and <br /> Section 159-55 of the General Statutes requires the filing of a statement of the <br /> County's debt with the Clerk to the Board prior to the public hearing; <br /> BE IT THEREFORE RESOLVED by the Board of Commissioners of <br /> Orange County, North Carolina, (1) that a public hearing on the bond order <br /> will be held at 7:00 p.m. (or as soon thereafter as the matter may be heard) on <br /> June 20, 2017 in the Board's regular meeting room, Southern Human Services <br /> Center, Chapel Hill, North Carolina, and (2) that the Clerk to this Board is <br /> directed to publish a notice of the public hearing, in the form provided for in <br /> Section 159-56 of the General Statutes, one time, not less than six days prior <br /> to the hearing date, in a newspaper having general circulation in the County; <br /> AND BE IT FURTHER RESOLVED that the County's Finance Officer is <br /> directed to prepare and file, prior to the publication of the notice of public <br /> hearing, a sworn statement of the County's net debt in the form prescribed by <br /> statute. <br />