Orange County NC Website
(d) A County Certificate directing the Trustee to authenticate and then <br /> deliver the 2021 Bonds to the person or persons named therein upon payment to <br /> the Trustee of a specified sum, and directing the Trustee as to the application of the <br /> Amount Advanced <br /> (e) An Opinion of Bond Counsel to the effect that the issuance of the 2021 <br /> Bonds has been duly authorized by all necessary authorities <br /> (f) Evidence that the LGC has approved the issuance of the 2021 Bonds <br /> Section 1.06. Additional Bonds. The County may provide for <br /> Additional Bonds to be issued under this Agreement to provide funds (a) to expand <br /> or improve the Pledged Facilities, (b) to construct further improvements to the <br /> Pledged Sites, (c) to refund any Outstanding Bonds, (d) to pay financing costs or <br /> establish reserves in connection with the issuance of Additional Bonds, (e) for any <br /> other purpose that may be allowed by law from time to time, including the <br /> acquisition and construction of additional public facilities, whether or not any such <br /> facility is related to the Pledged Facilities or the Pledged Sites, or (f) for any <br /> combination of these purposes. <br /> The Trustee will authenticate and deliver Additional Bonds when the County <br /> has filed with or delivered to it all the following items: <br /> (i) Certified copies of County Board resolutions approving the terms and <br /> conditions under which the Additional Bonds are to be issued and authorizing the <br /> execution of amendments or supplements to the Deed of Trust (if necessary) and <br /> this Agreement providing for the issuance of the Additional Bonds <br /> (ii) Evidence that the LGC has approved the issuance of the Bonds and the <br /> related transactions (if that approval is then required by law) <br /> (iii) An executed copy of an amendment or supplement to this Agreement <br /> providing for the issuance of the Additional Bonds, which must set forth the <br /> payment and redemption terms of the Additional Bonds, together with other <br /> appropriate terms <br /> (iv) An executed copy of an appropriate amendment or supplement to the <br /> Deed of Trust, if necessary to extend the security of the Deed of Trust to the <br /> 5 <br />