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RES-2022-024-Resolution for the Sale of School Bonds
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RES-2022-024-Resolution for the Sale of School Bonds
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Last modified
9/28/2022 9:53:18 AM
Creation date
9/28/2022 9:52:14 AM
Metadata
Fields
Template:
BOCC
Date
5/3/2022
Meeting Type
Business
Document Type
Resolution
Agenda Item
8-k
Document Relationships
Agenda 05-03-22; 8-k - Series 2022 General Obligation Bond Sale in the Amount of $14,540,000
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2022\Agenda - 05-03-2022 Business Meeting
Agenda for May 3, 2022 BOCC Meeting
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2022\Agenda - 05-03-2022 Business Meeting
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EXHIBIT A - Form of Bonds <br /> REGISTERED REGISTERED <br /> Number R-X <br /> UNITED STATES OF AMERICA <br /> STATE OF NORTH CAROLINA <br /> ORANGE COUNTY <br /> General Obligation School Bond , Series 2022 <br /> INTEREST RATE MATURITY DATE DATED DATE CUSIP <br /> % February 1 , 20 June 2 , 2022 XXX XXX XXX <br /> REGISTERED OWNER : * * * * * CEDE & CO . * * * * * <br /> PRINCIPAL AMOUNT : * * * * DOLLARS ( $ ) * * * <br /> ORANGE COUNTY, NORTH CAROLINA (the "County '), for value received, <br /> promises to pay to the registered owner of this Bond, or registered assigns or legal <br /> representative, the principal amount stated above on the maturity date stated above , <br /> subject to prior redemption as described below, and to pay interest on this Bond <br /> semiannually on each February 1 and August 1 , beginning February 1 , 2023 , at the <br /> annual rate stated above . Interest is payable ( a) from the dated date stated above , if <br /> this Bond is authenticated prior to February 1 , 2023 , or (b) otherwise from the <br /> February 1 or August 1 that is, or immediately precedes , the date on which this Bond <br /> is authenticated (unless payment of interest on this Bond is in default, in which case <br /> this Bond will bear interest from the date to which interest has been paid) . <br />
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