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Agenda 05-03-22; 8-j - Adoption of the Final Financing Resolution Authorizing the Issuance of Installment Purchase Financing for Various Capital Investment Plan Projects
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Agenda 05-03-22; 8-j - Adoption of the Final Financing Resolution Authorizing the Issuance of Installment Purchase Financing for Various Capital Investment Plan Projects
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4/28/2022 3:34:56 PM
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BOCC
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5/3/2022
Meeting Type
Business
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Agenda
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8-j
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Agenda for May 3, 2022 BOCC Meeting
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43 <br /> The County will also use additional loan proceeds to pay financing costs. <br /> The amounts stated above are estimates only. The County may use any <br /> portion of the 2022 Bonds proceeds for any of the 2022 Project Costs, subject to the <br /> County's obligation to undertake and complete those components of the project <br /> related to the "Mortgaged Property," as defined in the Deed of Trust, and the <br /> limitation on the use of funds only for 2022 Project Costs. <br /> Components of the 2022 Project related to the Mortgaged Property include <br /> the following: <br /> • Southern Campus expansion <br /> • Efland EMS & Medical Examiners Station <br /> • Orange County Southern Branch Library (County portion) <br /> 18 <br />
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