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( f) The County Attorney is of the opinion that the proposed projects are <br /> authorized by law and are purposes for which public funds of the County may be <br /> expended pursuant to the Constitution and laws of North Carolina . <br /> 3 . Additionally, the Board resolves as follows : <br /> i <br /> ( a) The County intends that the adoption of this resolution will be a <br /> declaration of the County' s official intent to reimburse project expenditures from <br /> financing proceeds . The County intends that funds that have been advanced for <br /> project costs , or which may be so advanced, from the County' s general fund, or any <br /> other County fund, may be reimbursed from the financing proceeds . <br /> (b ) The Board directs the County Manager and the Finance Officer to take <br /> E <br /> all appropriate steps toward the completion of the financing, including (1) completing <br /> an application to the LGC for its approval of the proposed financing, and (ii) soliciting <br /> one or more proposals from financial institutions to provide the financing . The Board <br /> ratifies all prior actions of County representatives in this regard . <br /> } <br /> ( c) This resolution takes effect immediately. <br /> I certify as follows : that the foregoing resolution (which includes the attached <br /> Exhibit A) was properly adopted at a meeting of the Board of Commissioners of <br /> Orange County, North Carolina ; that this meeting was properly called and held on <br /> April 5 , 2022 % that a quorum was present and acting throughout this meeting, and <br /> that this resolution has not been modified or amended, and remains in full effect as of <br /> today. <br /> Dated thisLday of Acvk22M <br /> V <br /> [ SEAL] <br /> hf� LauraJ ens <br /> Clerk, Board of Commissioners <br /> Orange County, North Carolina <br /> r arfK too <br />