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OTHER-2024-031-Trust Agreement
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OTHER-2024-031-Trust Agreement
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Last modified
10/24/2024 10:55:47 AM
Creation date
10/24/2024 10:42:03 AM
Metadata
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Template:
BOCC
Date
5/21/2024
Meeting Type
Business
Document Type
Others
Agenda Item
6-B
Document Relationships
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
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 05-21-2024 Business Meeting
Agenda for May 21, 2024 BOCC Meeting
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 05-21-2024 Business Meeting
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trustee , as supplemented by a First Supplemental Trust Agreement dated as of June <br /> 13 , 2023 , also between the County and the Trustee , <br /> " Prior Bonds " means the following bonds issued pursuant to the Prior <br /> Agreement; <br /> $ 12 , 585 , 000 original aggregate principal amount Limited Obligation Bonds, <br /> Series 2021A and 2021E <br /> $ 14, 298 , 000 original aggregate principal amount Limited Obligation Bonds , <br /> Series 2023A and 2023B <br /> " Prior Deed of Trust" means the Deed of Trust and Security Agreement dated <br /> as of June 1 , 2021 , from the County to a Deed of Trust Trustee for the County' s <br /> benefit, as supplemented by a Deed of Trust Supplement # 1 dated as of June 13 , <br /> 20239 <br /> " School Board " means , notwithstanding any other provision of the Trust <br /> Agreement and as the context may indicate, The Orange County Board of Education <br /> or The Board of Education for the Chapel Hill - Carrboro City Schools . <br /> " Supplemental Agreement" means this Second Supplemental Trust <br /> Agreement, as it may be properly amended or supplemented from time to time . <br /> " Trust Agreement" means the Prior Agreement as modified and <br /> supplemented by this Supplemental Agreement, as it may be further amended or <br /> supplemented from time to time . <br /> All other capitalized terms used in this Second Supplemental Trust <br /> Agreement and not otherwise defined have the meanings ascribed thereto in the <br /> Prior Agreement. <br /> 27 <br />
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