Orange County NC Website
g 11 <br /> Refinancin Terms <br /> ➢ Security Pledge- Annual Appropriations and County collateral of Southern <br /> Campus, Seymour Center and Northern Campus Site added to Master Deed of <br /> Trust <br /> ➢ No extension of Loan Maturities; Final Maturity June 1 , 2030 <br /> ➢ Net Present Value Savings- 3.9% which exceeds the County's 3% Policy <br /> ➢ Source of Repayment- Property Taxes <br /> ➢ Subordinate Lien to General Obligation Bonds <br /> ➢ Current and Projected Ratings- Aa1/AA+/AA+ from Moody's, Standard & Poor's <br /> and Fitch Ratings <br /> ➢ LGC Approval required <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br />