Agenda - 03-02-2006-8bOS - Laserfiche WebLink

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$ [Amount] Certificates of Participation (Orange County Public Improvement Projects), Series 2446A in Certain Payments to Be Made Under an Installment Financing Contract By ORANGE COUNTY, NORTH CAROLINA INTRODUCTION The purpose of this Official Statement, which includes the cover page and the appendices, is to provide certain information in connection with the execution, sale and delivery of $[Amount]* Certificates of Participation (Orange County Public Improvement Projects), Series 2006A (the "Certificates"), which will evidence proportionate and undivided interests in rights to receive certain revenues, including payments from Orange County, North Carolina (the "County"), pursuant to an Installment Financing Contract dated as of April 1, 2006 (the "Financing Contract") between the County and Orange County Public Facilities Company (the "Con2pany"). The 2006A Certificates will be delivered pursuant to a Trust Agreement dated as of April 1, 2006 (the "Trust Agreement") between the Company and The Bank of New York, as Trustee (the "T;wustee"). This introduction provides certain limited information to serve as a guide to this Official Statement, and is expressly qualified by the Official Statement as a t~~hole. Prospective investors should make a full review of the entire Official Statement, and of the documents summarized or described herein. This Official Statement speaks only as of its date, and the information contained herein is subject to change. Neither the delivery of the Official Statement nor of the 2006A Certificates shall under any circumstances create any implication that there has been no change in the County's affairs since the date hereof. The County See "ORANGE COUNTY, NORTH CAROLINA" herein for certain information regarding the County. The County's audited financial statements for the fiscal year ended June 30, 2005 are included as Appendix A hereto. *Preliminary; s~iUjectta change. C'-883836v~1 13361.000''2