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Agenda - 05-02-2023; 5-a - Public Hearing on the Financing of Various Capital Investment Plan Projects
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Agenda - 05-02-2023; 5-a - Public Hearing on the Financing of Various Capital Investment Plan Projects
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4/27/2023 3:56:12 PM
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5/2/2023
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Business
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Agenda
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5-a
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Agenda for May 2, 2023 BOCC Meeting
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7 <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 /> all appropriate steps toward the completion of the financing, including (i) 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 /> (c) This resolution takes effect immediately. <br /> * * * * * * * * * * * * * * * * * <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 May <br /> 2, 2023; that a quorum was present and acting throughout this meeting; and that this <br /> resolution has not been modified or amended, and remains in full effect as of today. <br /> Dated this day of , 2023. <br /> [SEAL] <br /> Laura Jensen <br /> Clerk, Board of Commissioners <br /> Orange County, North Carolina <br />
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