Orange County NC Website
Browse       Search
Exhibit B - - Draft Documents <br /> ( a) A draft dated April 16 , 2019 , of a Supplemental Trust Agreement to be <br /> dated on or about May 1 , 2019 , between the County and The Bank of New York <br /> Mellon Trust Company, N . A . (the " Trustee " ) , providing for the advance of funds to the <br /> County, for the issuance of limited obligation bonds , for the County' s obligation to <br /> repay the amounts advanced , and for the County ' s responsibilities for the use and <br /> care of the collateral <br /> (b ) A draft dated April 16 , 2019 , of a Deed of Trust Supplement to be dated <br /> on or about May 1 , 2019 , from the County to a deed of trust trustee for the Trustee ' s <br /> benefit, providing for a security interest in property to secure the County' s <br /> obligations under the Bonds and the other financing documents . <br /> ( c) A draft of a Bond Purchase Agreement to be dated on or about May 15 , <br /> 2019 , providing for the underwriters ' obligation to purchase the bonds . The final <br /> form of this Agreement will set out the final principal amount, principal payment <br /> schedule and interest rates for the bonds , and the other terms and conditions for the <br /> underwriters ' obligation to purchase the bonds . <br />