Browse
Search
Agenda - 06-05-2018 6-b - General Obligation Bond Sale for Chapel Hill High School and Approval of Budget Amendment #9-A Related to the FY 2017-18 Capital Investment Plan
OrangeCountyNC
>
Board of County Commissioners
>
BOCC Agendas
>
2010's
>
2018
>
Agenda - 06-05-2018 Regular Meeting
>
Agenda - 06-05-2018 6-b - General Obligation Bond Sale for Chapel Hill High School and Approval of Budget Amendment #9-A Related to the FY 2017-18 Capital Investment Plan
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
5/31/2018 4:56:36 PM
Creation date
5/31/2018 5:14:19 PM
Metadata
Fields
Template:
BOCC
Date
6/5/2018
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
6-b
Document Relationships
Agenda - 06-05-2018 Regular Board Meeting
(Message)
Path:
\Board of County Commissioners\BOCC Agendas\2010's\2018\Agenda - 06-05-2018 Regular Meeting
Minutes 06-05-2018
(Message)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2018
ORD-2018-023 General Obligation Bond Sale for Chapel Hill High School and Approval of Budget Amendment #9-A Related to the FY 2017-18 Capital Investment Plan
(Message)
Path:
\Board of County Commissioners\Ordinances\Ordinance 2010-2019\2018
RES-2018-034 Resolution for Sale of School Bonds
(Message)
Path:
\Board of County Commissioners\Resolutions\2010-2019\2018
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
27
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
certificate prior to the initial delivery of the Bonds designating prepayment terms and conditions. This certificate will be conclusive evidence of the Finance Officer’s determination of these terms and conditions. <br />6. Form of Bonds; Payment Details -- The Bonds will be designated "General Obligation School Bonds, Series 2018.” The Bonds will be in substantially the form set out in Exhibit A. The Bonds will be dated the date of their initial issuance, will be in fully registered form, will be in denominations of $5,000 and integral multiples thereof and will be numbered for identification from R-1 upward. The Bonds must be signed by the manual or facsimile signature of the Board’s Chair or the County Manager, and the County's seal must be affixed to the Bonds (or a facsimile of the seal printed on the Bonds) and attested by the manual or facsimile signature of the Clerk to this Board or any Deputy or Assistant Clerk. No Bond will be valid unless at least one of the signatures appearing on the Bond (which may be the signature of the LGC’s representative required by law) is manually applied or until the Bond has been authenticated by the manual signature of an authorized officer or employee of a bond registrar selected by the Finance Officer. Interest on each Bond will be payable semiannually (a) from its date, if it is authenticated prior to the first interest payment date, or (b) otherwise from the interest payment date that is, or immediately precedes, the date on which it is authenticated (unless payment of interest is in default, in which case such Bond will bear interest from the date to which interest has been paid). Principal, interest and any prepayment premium will be payable in lawful money of the United States of America. Interest will be calculated on the basis of a 360-day year consisting of twelve 30-day months. The Board directs the Finance Officer to execute a certificate prior to the initial delivery of the Bonds designating the final aggregate principal amount of the Bonds (up to the maximum authorized amount of $64,400,000), the final principal payment schedule, and the interest payment dates for the Bonds. This certificate <br />5
The URL can be used to link to this page
Your browser does not support the video tag.