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Agenda - 04-04-2023; 8-l - Approval of Financing Arrangements for Efland Volunteer Fire Department for Renovation of Fire Station #1
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Agenda - 04-04-2023; 8-l - Approval of Financing Arrangements for Efland Volunteer Fire Department for Renovation of Fire Station #1
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3/30/2023 12:16:26 PM
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BOCC
Date
4/4/2023
Meeting Type
Business
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Agenda
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8-l
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16 <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br /> FINANCE and ADMINISTRATIVE SERVICES <br /> 131 West Margaret Lane,PO Box 8181,Hillsborough,NC 27278 1919.245.2453 <br /> Certificate of Approval <br /> Section 147 (f) Approval and Written Agreement <br /> The undersigned Official of Orange County, North Carolina (hereinafter referred to as "County") <br /> pursuant to section 147(f) of the Internal Revenue Code of 1986, as amended (the "Code"), <br /> hereby approves the entering into by Efland Fire Department of an Agreement in an aggregate <br /> principal amount not to exceed $2,299,798 to finance renovations at Fire Station 1. This <br /> approval does not constitute any financial involvement or obligation of the County. <br /> Furthermore, this document acknowledges that for consideration, the receipt and sufficiency of <br /> which hereby acknowledged, the Efland Fire Department has provided firefighting and other <br /> services for the County for many years and the Efland Fire Department hereby agrees to meet <br /> the requirement to continue to provide firefighting and other services for the County. <br /> Dates as of <br /> Efland Fire Department Orange County, North Carolina <br /> Kevin Brooks, President Signature of authorized representative <br /> Orange County Government I www.orangecountync.gov 1919732.8181 <br />
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