Orange County NC Website
• 5 <br /> WHEREAS, County levies and collects the taxes and is <br /> responsible for appropriating said funds for the use of the <br /> citizens in the Damascus and Southern Triangle Fire Districts; and <br /> WHEREAS, County desires to establish a renewable contract to <br /> enable Fire Department to make long-range plans; <br /> NOW, THEREFORE, in consideration of the mutual covenants <br /> and premises herein contained, the Parties hereto contract and <br /> agree as follows: <br /> 1. Each fiscal year, the County will cause to be' levied a <br /> special tax not exceeding 15 cents ($0. 15) per one hundred dollar <br /> valuation of all real and personal property subject to taxation in <br /> the Damascus and Southern Triangle Fire Districts unless otherwise <br /> limited by law and/or a vote of the people; and will collect said <br /> tax as a part of the ad valorem tax collections of the County. <br /> The amount levied annually shall be based on a tax rate approved <br /> by the Board of County commissioners following review of the needs <br /> projected in the budget estimate submitted to the County by the <br /> Board of Directors of the Fire Department and shall be sufficient <br /> to provide an appropriation to Fire Department of Fifty Thousand <br /> and No/100 Dollars ($50, 000. 00) less the amount equal to all <br /> payments received by Fire Department from any municipality <br /> pursuant to N.C. Gen. Stat. 160A-31. 1, 160A-37 . 2 and 160A-49.2 <br /> (proportionate share of debt service) and N.C. Gen. Stat. 160A- <br /> 37 . 1 and 160A-49 . 1 (contract between municipality and rural fire <br /> department for fire protection service) . <br />