Browse
Search
Agenda 05-21-24; 6-b - Adoption of the Final Financing Resolution Authorizing the Issuance of Installment Purchase Financing for Various Capital Investment Plan Projects
OrangeCountyNC
>
Board of County Commissioners
>
BOCC Agendas
>
2020's
>
2024
>
Agenda - 05-21-2024 Business Meeting
>
Agenda 05-21-24; 6-b - Adoption of the Final Financing Resolution Authorizing the Issuance of Installment Purchase Financing for Various Capital Investment Plan Projects
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
5/16/2024 2:55:30 PM
Creation date
5/16/2024 2:59:12 PM
Metadata
Fields
Template:
BOCC
Date
5/21/2024
Meeting Type
Business
Document Type
Agenda
Agenda Item
6-b
Document Relationships
Agenda for May 21, 2024 BOCC Meeting
(Message)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 05-21-2024 Business Meeting
Minutes 05-21-2024-Business Meeting
(Message)
Path:
\Board of County Commissioners\Minutes - Approved\2020's\2024
OTHER-2024-030-Deed of Trust Supplement #2
(Message)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2024
OTHER-2024-031-Trust Agreement
(Message)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2024
OTHER-2024-032-Preliminary official statement
(Message)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2024
OTHER-2024-033-Bond Purchase Agreement
(Message)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2024
OTHER-2024-034-Lease Modification
(Message)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2024
OTHER-2024-035-Local government commission Audit contract-Contract to Audit Accounts
(Message)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2024
OTHER-2024-036-Draft CPIRP letter
(Message)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2024
OTHER-2024-037-Contract Amendment
(Message)
Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2024
PRO-2024-008-Mental Health Awareness Month
(Message)
Path:
\Board of County Commissioners\Proclamations\2020-2029\2024
PRO-2024-009-Emergency Medical Services Week Proclamation
(Message)
Path:
\Board of County Commissioners\Proclamations\2020-2029\2024
RES-2024-026-Resolution authorizing the submission of the FY2024-2025 annual action plan for Orange County NC
(Message)
Path:
\Board of County Commissioners\Resolutions\2020-2029\2024
RES-2024-027-Resolution the orange county FY2024-2025 Home program design
(Message)
Path:
\Board of County Commissioners\Resolutions\2020-2029\2024
RES-2024-028-Resolution providing final approval of terms and documents for spring 2024 installment financing
(Message)
Path:
\Board of County Commissioners\Resolutions\2020-2029\2024
RES-2024-029-Orange County Board of Commissioners resolution leasing property for three years
(Message)
Path:
\Board of County Commissioners\Resolutions\2020-2029\2024
RES-2024-030-Orange County Board of Commissioners Orange County, NC Resolution to approve lease purchase agreement
(Message)
Path:
\Board of County Commissioners\Resolutions\2020-2029\2024
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
153
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
32 <br /> ARTICLE I <br /> THE 2024 BONDS <br /> Section 1.01. Provision for 2021 Bonds; Advance. (a) The County will <br /> issue, and the Trustee will authenticate and deliver, 2021 Bonds in an aggregate <br /> principal amount of[$13,000,000], consisting of two separate series as follows: <br /> * $ Limited Obligation Bonds, Series 2021A (the "Series A <br /> Bonds"); and <br /> * $ Taxable Limited Obligation Bonds, Series 2021B (the <br /> "Series B Bonds"). <br /> (b) The County is receiving a total of $ (the "Amount <br /> Advanced") from the sale of the 2021 Bonds. The County will use the Amount <br /> Advanced as provided in this Supplemental Agreement to pay Project Costs. <br /> Section 1.02. Bonds Constitute Installment Contracts. Each of the 2024 <br /> Bonds, together with the County's corresponding obligations under the Trust <br /> Agreement and the Deed of Trust, constitutes a separate "installment contract" <br /> within the meaning of Section 160A-20 between the County and the owner of that <br /> Bond. The County's payment obligations, and its other obligations under this <br /> Agreement and with respect to the Bonds, are secured by the lien on the Mortgaged <br /> Property created under the Deed of Trust and by the other security provided for in <br /> the Trust Agreement. <br /> Section 1.03. Agreement Supplements Prior Agreement; 2024 Bonds <br /> Are Additional Bonds. (a) This Supplemental Agreement is a "supplemental <br /> agreement" for the issuance of Additional Bonds as provided in the Prior <br /> Agreement, and the 2024 Bonds are "Additional Bonds" as defined in the Prior <br /> Agreement. <br /> (b) Except as modified by this Supplemental Agreement, all terms of the <br /> Prior Agreement remain in effect and apply with respect to the 2024 Bonds to the <br /> same extent as to all Prior Bonds. <br /> 3 <br />
The URL can be used to link to this page
Your browser does not support the video tag.