Orange County NC Website
11 <br /> Fire Safety 164,172 <br /> Supplemental Deferred 217,568 <br /> Stormwater Management 105,295 <br /> Orange County Schools <br /> Recurring Capital 1,189,200 <br /> Supplemental Deferred 320,400 <br /> TOTAL $43,000,000 <br /> The total amount financed will not exceed the amounts estimated for the <br /> project costs and financing costs. <br /> The hearing will be held in the Board's usual meeting room in the County's <br /> Whitted Building, 300 West Tryon Street, Hillsborough, North Carolina. <br /> The proposed financing would be secured by a lien on some or all of the <br /> property purchased or improved through the financing as well as the County's <br /> promise to repay the financing, but there would be no recourse against the County or <br /> its property(other than the pledged property) if there were a default on the financing. <br /> All interested persons will be heard. The County's plans are subject to change <br /> based on the comments received at the public hearing and the Board's subsequent <br /> discussion and consideration. The County's entering into the financing is subject to <br /> obtaining approval from the North Carolina Local Government Commission. <br /> Persons wishing to make written comments in advance of the hearing or <br /> wishing more information concerning the subject of the hearing may contact Gary <br /> Donaldson, Orange County Chief Financial Officer, Post Office Box 8181, Hillsborough, <br /> NC 27278 (telephone 919/245-2453, email gdonaldson@orangecountync.gov). <br />