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Agenda - 12-15-2020; 8-f - Approval of Financing Arrangement for Efland Volunteer Fire Company, Inc. To
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Agenda - 12-15-2020; 8-f - Approval of Financing Arrangement for Efland Volunteer Fire Company, Inc. To
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12/10/2020 3:26:02 PM
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Date
12/15/2020
Meeting Type
Business
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Agenda
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8-f
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Agenda 12-15-2020 Virtual Business Meeting
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6 <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br /> FINANCE AND ADMINISTRATIVE SERVICES <br /> 200 South Cameron Street Phone(919)245-2151 <br /> Post Office Box 8181 Fax(919)644-3324 <br /> Hillsborough, North Carolina 27278 <br /> Certificate of Approval <br /> Section 147(f) Approval and Written Agreement <br /> The undersigned Official of Orange County, NC (hereinafter referred to as "County") <br /> pursuant to section 147(f) of the Internal Revenue Code of 1986, as amended (the <br /> "code"), hereby approves the entering into by Efland Volunteer Fire Company, Inc. of an <br /> Agreement in an aggregate principal amount not to exceed $551,352.00 to finance <br /> equipment consisting of One (1) New Pierce Enforcer Pumper which will be located at the <br /> fire house of the Efland Volunteer Fire Company, Inc. This approval does not in any <br /> way constitute any financial involvement or obligation of the County. <br /> Furthermore, this document acknowledges that for consideration, the receipt and <br /> sufficiency of which are hereby acknowledged, the Efland Volunteer Fire Company, Inc. <br /> has provided firefighting and other services for the County for many years and Efland <br /> Volunteer Fire Company, Inc. hereby agrees to meet the requirement to continue to <br /> provide firefighting and other services for the County. <br /> Dated as of <br /> Efland Volunteer Fire Company, Inc. Orange County, NC <br /> Ronnie McAdams, President Signature of authorized representative <br /> Name and Title <br /> An Equal Opportunity/Affirmative Action Employer <br /> www.orangecountync.gov <br />
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