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3 <br />Resolution supporting an application to the Local Government Commission <br />for its approval of the County's 2006 installment financing projects <br />WHEREAS <br />The Orange County Board of Commissioners has approved, in principle, the <br />use of installment financing to provide funds, to be used with other available fluids, <br />to pay costs related to the following projects: <br />Gravelly Hill Middle School construction costs $ <br />I/flandBucldiom Community Water and $ <br />Sewer consri~uction <br />Renovation and improvement projects <br />for the Chapel Hill - Can°boro $5,150,000 <br />school district <br />Acquisition of conservation <br />easements and similar interests $ <br />in land <br />Seymoui° Senior Center costs $4,150,000 <br />Planning fiords for proposed $700,000 <br />aiumal services facility <br />Pei°manent financing for the $6,000,000 <br />SportsPlex acquisition <br />Under the guidelines of the North Cai°olina Local Goven~ment Conmrission <br />(the "LGC"), this governing body must make certain findings of fact to support the <br />County's application for the LGC's approval of the County's proposed financing <br />arrangements for the projects. <br />~ans~,i <br />