Browse
Search
RES-2017-069 Resolution providing final approval of terms and documents for 2017 County installment financing
OrangeCountyNC
>
Board of County Commissioners
>
Resolutions
>
2010-2019
>
2017
>
RES-2017-069 Resolution providing final approval of terms and documents for 2017 County installment financing
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/5/2019 2:50:08 PM
Creation date
10/18/2017 11:53:16 AM
Metadata
Fields
Template:
BOCC
Date
10/17/2017
Meeting Type
Regular Meeting
Document Type
Resolution
Agenda Item
8d
Document Relationships
Agenda - 10-17-2017 - 8-d - Resolution to Refinance Existing Loan Obligations
(Linked To)
Path:
\Board of County Commissioners\BOCC Agendas\2010's\2017\Agenda - 10-17-2017 - Regular Mtg.
Minutes 10-17-2017
(Attachment)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2017
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
6
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Exhibit A—Candidates for Refinancing <br /> 2006 Financing —the outstanding balance ($3,000,000) of the County's 2006 installment <br /> financing contract. This loan helped finance Carrboro High School. <br /> 2011 LOBs — a portion of the bonds from the County's 2011 Limited Obligation Bond <br /> issue that may be prepaid. There are $14,750,000 of those bonds. The 2011 LOBS helped <br /> refinance an earlier loan that, among other purposes, Morris Grove Elementary School and <br /> improvements to the County justice facility. <br /> 2012 LOBs—the bonds from the County's 2012 Limited Obligation Bond issue that may <br /> be prepaid. There are $11,545,000 of those bonds. The 2012 LOBs helped finance Northside <br /> Elementary School, the new County library in Hillsborough, the County office building on West <br /> Margaret Lane in Hillsborough and a variety of other County projects. <br /> 2013 Financing — $5,202,000 of the amount outstanding under the County's 2013 <br /> installment financing contract (this portion bears interest at a rate higher than the balance of this <br /> loan). This loan helped finance a wide variety of County projects, including utility improvements <br /> in the Buckhorn Economic Development District. <br /> 2016 Financing — the outstanding balance ($7,453,000) of the County's 2006 installment <br /> financing contract. This loan helped finance improvements to Grady Brown school and a variety <br /> of other school and County improvements. <br /> 5 <br />
The URL can be used to link to this page
Your browser does not support the video tag.