Orange County NC Website
2 <br /> The 55-page Draft Preliminary Official Statement is available upon request from the County's <br /> Finance and Administrative Services staff. <br /> FINANCIAL IMPACT: There will be a financial impact in proceeding with the financing. At <br /> current rates, preliminary estimates of maximum debt service applicable to the capital <br /> investment projects and equipment financing would require the highest debt service payment of <br /> $1.7 Million in FY 2021. A portion of this debt financing is related to projects where the debt <br /> service payments will be paid from Article 46 Sales Tax and Solid Waste Program Fees. <br /> RECOMMENDATION(S): The Manager recommends that the Board approve the resolution <br /> authorizing the steps to proceed with the financing of the stated capital projects and equipment. <br />