Orange County NC Website
21 <br /> permits or requires. Each of the 2023 Bonds will be dated the date of its initial <br /> delivery to the Lender. All interest payments will be calculated based on a 360-day <br /> year consisting of twelve 30-day months and subject to adjustment as provided in <br /> this Supplemental Agreement. <br /> (b) One of the 2023 Bonds (the "2023A Bond") will be designated "Limited <br /> Obligation Bond, Series 2023A." The 2023A Bond will be (i) in the principal amount <br /> of $ , (ii) numbered RA-1 for identification, (iii) payable as to interest <br /> semiannually until payment on each Payment Date at the 2023A Interest Rate, and <br /> (iv) payable as to principal on February 1 in installments in years and amounts as <br /> follows: <br /> Maturity Date Principal Maturity Date Principal <br /> (February 1� Amount ($1 (February j Amount ($1 <br /> 2025 2029 <br /> 2026 2030 <br /> 2027 2031 <br /> 2028 2032 <br /> (c) The other of the 2023 Bonds (the "2023B Bond") will be designated <br /> "Limited Obligation Bond, Series 2023B." The 2023B Bond will be (i) in the principal <br /> amount of$ , (ii)numbered RB-1 for identification, (iii) payable as <br /> to interest semiannually until payment on each Payment Date at the 2023B Interest <br /> Rate, and (iv) payable as to principal on February 1 in installments in years and <br /> amounts as follows: <br /> Maturity Date Principal Maturity Date Principal <br /> (February 11 Amount ($1 (February 11 Amount f$1 <br /> 2025 2035 <br /> 3 <br />