Orange County NC Website
Browse       Search
5 <br /> RES-2024-022 <br /> Resolution setting public hearing and <br /> authorizing filing of debt statements <br /> WHEREAS, there has been introduced at this meeting a bond order entitled <br /> as follows: <br /> Bond Order Authorizing the Issuance of Orange County General <br /> Obligation School Bonds in the Maximum Amount of$300,000,000, <br /> Subject To Voter Approval <br /> AND WHEREAS, Section 159-57 of the General Statutes requires that a <br /> public hearing be held on the bond order prior to its adoption, Section 159-56 <br /> of the General Statutes requires publication of a notice of the hearing, and <br /> Section 159-55 of the General Statutes requires the filing of statements of debt <br /> and estimated interest prior to the public hearing; <br /> BE IT THEREFORE RESOLVED by the Board of Commissioners of Orange <br /> County, North Carolina, that the County's Finance Officer is directed to prepare <br /> and file, prior to the publication of the notice of public hearing, a sworn <br /> statement of the County's net debt and a statement of estimated interest and <br /> related matters in the forms prescribed by statute. <br /> AND BE IT FURTHER RESOLVED (1) that a public hearing on the bond <br /> order will be held at 7:00 p.m. (or as soon thereafter as the matter may be <br /> heard) on June 4, 2024, in the Board's regular meeting room in the Whitted <br /> Building, Hillsborough, North Carolina, and (2) that the Clerk to this Board is <br /> directed to publish a notice of the public hearing, in the form provided for in <br /> Section 159-56 of the General Statutes, one time, not less than six days prior to <br /> the hearing date, in a newspaper having general circulation in the County. <br />