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I <br />Draft: 7/9/90 <br />THE ORANGE COUNTY INDUSTRIAL FACILITIES AND POLLUTION <br />CONTROL FINANCING AUTHORITY'S $5,500,000 INDUSTRIAL REVENUE <br />BOND (MEBANE PACKAGING CORPORATION) <br />July 10, 1990 Meeting of Industrial Facilities and <br />Pollution Control Financing Authority <br />( "Authority ") to "induce" the Project; <br />Inducement Resolution passed and Memorandum <br />of Agreement executed. <br />week of Department of Economic and Community <br />July 16, 1990 Development ( "DECD") Pre -- Application <br />Conference meeting held in Raleigh, North <br />Carolina. <br />July 20, 1990 Notice of the IRB project and of public <br />hearing on the project to be held by the <br />County Commissioners published in the Chape], <br />Hill Herald (with notice also given to the <br />North Carolina DECD). <br />July _, 1990 A commitment from FUNB is obtained for Letter <br />of Credit and Placement. <br />August 6, 1990 Public hearing by County Commissioners to <br />approve Project in principle and request an <br />allocation for the Project from the IRB <br />volume limitation for the State and County <br />Commissioners. <br />August 8, 1990 Updated Application for Approval of Project <br />delivered to and formally received by the <br />North Carolina DECD. <br />August ____, 1990 North Carolina Department of Natural <br />Resources and Community Development certifies <br />as to environmental matters. <br />By August _, 1990 North Carolina DECD approval obtained and <br />allocation of a portion of the state volume <br />limitation to the Project received. <br />August 23, 1990 Draft documents due at North Carolina Local <br />Government Commission ("LGC") <br />16 <br />