Orange County NC Website
6 <br />complete and otherwise prepare the preliminary official statement as an official <br />statement in final form. The Board directs the Board's Chair. to execute and deliver <br />the final official statement in such form as such officer may approve upon <br />recommendation from the Finance Officer. <br />4. Authorization to Finance Offacer To Complete Closing -The Board <br />authorizes and directs the Finance Officer to hold executed copies of the <br />Documents, and any other documents authorized or permitted by this resolution, in <br />escrow on the County's behalf until the conditions for the delivery of the <br />Documents have been completed to such officer's satisfaction, and thereupon to <br />release the executed copies of such documents for delivery to the appropriate <br />persons or organizations. Without limiting the generality of the foregoing, the <br />Board specifically authorizes the Finance Officer to approve changes to any <br />documents (including the Documents and any closing certifications) previously <br />signed by County officers or employees, provided that such changes shall not <br />substantially alter the intent of such documents from that expressed in the forms of <br />such documents as executed by such officers. Such officer's authorization of the <br />release of any such document for delivery shall constitute conclusive evidence of <br />such officer's approval .of any such changes. <br />5. Authoriza~'ion to School Board Attorney -The Board authorizes and <br />approves actions taken and to be taken by the attorney for the Orange County <br />School Board in connection with the conveyance of the site of the New School to <br />the County and in obtaining a title insurance policy on that site for the County's <br />benefit, and waives any conflict that may arise between such activities on the <br />County's behalf and the attorney's representation of the School Board. <br />6. Miscellaneous Provisions -- All County officers and employees are <br />authorized and directed to take all such further action as they may consider <br />necessary or desirable in furtherance of the execution and delivery of the <br />Documents in final form and the other purposes of this resolution. All such prior <br />actions of County officers ~ and- employees are ratified, approved and confirmed. In <br />the Chair's absence, the Vice Chair may assume any responsibility or carry out any <br />function assigned to the Chair in this resolution. All other resolutions, or parts <br />thereof, in conflict with this resolution are repealed, to the extent of the conflict. <br />This resolution shall take effect immediately. <br />This the 21st day of November, 2Q00 <br />