RES-2018-035 resolution providing final approval of terms and documents for 2018 installment financing

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Exhibit D -- Draft Documents (a) A draft dated May 8, 2018, of a Trust Agreement to be dated on or about June 1, 2018 (the "Trust Agreement "), between the County and The Bank of New York Mellon Trust Company, N.A. (the "Trustee "), providing for the advance of funds to the County, for the issuance of limited obligation bonds, for the County's obligation to repay the amounts advanced, and for the County's responsibilities for the use and care of the collateral. (b) A draft dated May 8, 2018, of a Deed of Trust and Security Agreement to be dated on or about June 1, 2018, from the County to a deed of trust trustee for the Trustee's benefit, providing for a security interest in property to secure the County's obligations under the Trust Agreement. (c) A draft of a Bond Purchase Agreement to be dated on or about June 21, 2018, providing for the underwriter's obligation to purchase the bonds. The final form of this Agreement will set out the final principal amount, principal payment schedule and interest rates for the bonds, and the other terms and conditions for the underwriter's obligation to purchase the bonds. NOW THEREFORE BE IT ORDAINED by the Board of Orange County Commissioners tha this resolution is effective upon appro 1. Upon motion of Commissioner seconded by mmissioner , the foregoing resolution was a opted th s the -day of 018. I, Donna S. Baker, , erk to the Board of Commissioners for the County of Orange, North Carolina, DO HEREBY CERTIFY that the fore o'ng is a true copy of so much of the proceedings of said Board at a meeting held on , 2018, as relates in any way to the adoption of the foregoing and at said proceedings are recorded in Minute Book No. of the minutes of said Board. WITNESS my hand and the seal of said County, the day of l ,�_.., 2018. Donna aker Clerk to the Board S r 7