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RES-2020-026 Resolution authorizing the borrowing of approximately $40,750,000 in installment financing to finance capital investment projects and equipment for the fiscal year
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RES-2020-026 Resolution authorizing the borrowing of approximately $40,750,000 in installment financing to finance capital investment projects and equipment for the fiscal year
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Last modified
9/1/2020 4:32:10 PM
Creation date
9/1/2020 4:29:22 PM
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BOCC
Date
4/21/2020
Meeting Type
Business
Document Type
Resolution
Agenda Item
8-e
Document Relationships
Agenda 04-21-20 Virtual Business Meeting
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2020\Agenda - 04-21-20 Virtual Business Meeting
Agenda - 04-21-20; 8-e - Adoption of the Final Financing Resolution Authorizing the Issuance of $40,750,000 in Installment Purchase Financing for Various Capital Investment Plan Projects
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2020\Agenda - 04-21-20 Virtual Business Meeting
Minutes 04-21-2020 Virtual Business Meeting
(Attachment)
Path:
\Board of County Commissioners\Minutes - Approved\2020's\2020
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substantially alter the intent from that expressed in the form originally signed . The <br /> County Manager ' s authorization of the release of any document for delivery will <br /> constitute conclusive evidence of her approval of any changes . <br /> In addition , the County Manager and the Finance Officer are authorized to take <br /> all appropriate steps for the efficient and convenient carrying out of the County' s on - <br /> going responsibilities with respect to the financing . This authorization includes , <br /> without limitation , contracting with third parties for reports and calculations that <br /> may be required under the Documents , this resolution or otherwise with respect to <br /> the bonds . <br /> 6. Miscellaneous Provisions - The Board authorizes all County officers <br /> and employees to take all further action as they may consider desirable to carry out <br /> the purposes of this resolution . In particular, the Board directs the Clerk to this <br /> Board to apply the County ' s seal to the final form Documents , and to attest to the <br /> application of the seal . The Board ratifies all prior actions of County officers and <br /> employees to this end . Upon the unavailability or refusal to act of the County <br /> Manager, the Chair or the Finance Officer, any other of those officers may assume <br /> any responsibility or carry out any function assigned in this resolution . In addition , <br /> the Vice Chair or any Deputy or Assistant Clerk may carry out or exercise any rights <br /> or responsibilities assigned in this resolution to the Chair or the Clerk . The Board <br /> repeals all other Board proceedings , or parts of proceedings , in conflict with this <br /> resolution , to the extent of the conflict . This resolution takes effect immediately . <br /> NOW THEREFORE BE IT ORDAINED by the Board of Orange County <br /> Commissioners that this resolution is effective upon approval . Upon motion <br /> of Commissioner me ' . seconded by Commission r ►ct , the <br /> foregoing resolution was adopted this , the day of 2020 . <br /> I , Donna S . Baker, Clerk to the Board of Commissioners for the County <br /> of Orange , North Carolina , DO HEREBY CERTIFY that the foregoing is a true <br /> c py o so much of the proceedings of said Board at a meeting held on <br /> 2020 , as relates in any way to the adoption of the foregoing <br /> anJ that said proceedings are recorded in Minute Book No . of the <br /> minutes of said Board . <br /> WITNESS my hand and the seal of said County, the day of <br /> 2020 . <br />
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