Browse
Search
RES-2020-021 Resolution for the sale of General Obligation Bonds for Cedar Ridge High School Wing and Various other Orange County School Improvements
OrangeCountyNC
>
Board of County Commissioners
>
Resolutions
>
2020-2029
>
2020
>
RES-2020-021 Resolution for the sale of General Obligation Bonds for Cedar Ridge High School Wing and Various other Orange County School Improvements
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
9/1/2020 11:57:05 AM
Creation date
9/1/2020 11:51:09 AM
Metadata
Fields
Template:
BOCC
Date
4/7/2020
Meeting Type
Business
Document Type
Resolution
Agenda Item
8-g
Document Relationships
Agenda 04-07-20 Virtual Business Meeting
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2020\Agenda - 04-07-20 Virtual Business Meeting
Agenda - 04-07-20; 8-g - General Obligation Bond Sale of $20,060,000 for Cedar Ridge Wing and Various Other OCS Improvements
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2020\Agenda - 04-07-20 Virtual Business Meeting
Minutes 04-07-2020 Virtual Business Meeting
(Attachment)
Path:
\Board of County Commissioners\Minutes - Approved\2020's\2020
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
8
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
and conditions . This certificate will be conclusive evidence of the Finance Officer ' s <br /> determination of these terms and conditions . <br /> 6, Form of Bonds; Payment Details - - The Bonds will be designated <br /> " General Obligation School Bonds , Series 2020 . " <br /> The Bonds will be in substantially the form set out in Exhibit A . The Bonds <br /> will be dated the date of their initial issuance, will be in fully registered form, will be <br /> in denominations of $ 5 , 000 and integral multiples thereof and will be numbered for <br /> identification from R- 1 upward . <br /> The Bonds must be signed by the manual or facsimile signature of the Board ' s <br /> Chair or the County Manager, and the County ' s seal must be affixed to the Bonds ( or <br /> a facsimile of the seal printed on the Bonds ) and attested by the manual or facsimile <br /> signature of the Clerk to this Board or any Deputy or Assistant Clerk . No Bond will <br /> be valid unless at least one of the signatures appearing on the Bond (which may be <br /> the signature of the LGC ' s representative required by law) is manually applied or <br /> until the Bond has been authenticated by the manual signature of an authorized <br /> officer or employee of a bond registrar selected by the Finance Officer . <br /> Interest on each Bond will be payable semiannually ( a) from its date , if it is <br /> authenticated prior to the first interest payment date , or (b ) otherwise from the <br /> interest payment date that is , or immediately precedes , the date on which it is <br /> authenticated ( unless payment of interest is in default, in which case such Bond will <br /> bear interest from the date to which interest has been paid) . Principal, interest and <br /> any prepayment premium will be payable in lawful money of the United States . <br /> The Board directs the Finance Officer to execute a certificate prior to the <br /> initial delivery of the Bonds designating the final aggregate principal amount of the <br /> Bonds ( up to the maximum authorized amount of $ 20 , 060 , 000 ) , the final principal <br /> payment schedule , and the interest payment dates for the Bonds . This certificate <br /> will be conclusive evidence of the Finance Officer ' s approval and determination of <br /> these matters . <br /> 3 <br />
The URL can be used to link to this page
Your browser does not support the video tag.