Orange County NC Website
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 />