OTHER-2025-035-Orange County North Carolina limited obligation bonds series 2025

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Blackwood Farm Park. Blackwood Farm Park consists of approximately 149 acres of land located at 4215 N . C . Highway 86 South in Hillsborough, North Carolina . The park includes a historic farmhouse, barn , smokehouse, corncrib and other outbuildings, a picnic shelter, restrooms, 4 miles of hiking trails, and fishing pond . A portion of the proceeds of the 2025 Bonds will be used to make improvements to Blackwood Farm Park, including the restoration of a farmhouse . The County estimates the insured value of this property (not including the equipment associated with the property , which is generally not part of the Mortgaged Property) to be approximately $ [0 . 25 ] million . Culbreth Middle School. Culbreth Middle School is a one- story building consisting of approximately 122 , 500 square feet on an approximately 35 -acre site located at 225 Culbreth Road in Chapel Hill, North Carolina . The County estimates the insured value of this building (not including the equipment associated with the building, which is generally not part of the Mortgaged Property) to be approximately $ [21 . 5 ] million . Orange County Library. The Orange County Library Main Branch is a two- story building consisting of approximately 23 ,454 square feet on an approximately 0 . 5 - acre site located at 137 W . Margaret Lane in Hillsborough , North Carolina . The County estimates the insured value of this building (not including the equipment associated with the building, which is generally not part of the Mortgaged Property) to be approximately $ [5 . 6] million . Orange Middle School. Orange Middle School is a one-story building consisting of approximately 102 , 780 square feet on an approximately 57-acre site located at 308 Orange High School Road in Hillsborough, North Carolina. The County estimates the insured value of this building (not including the equipment associated with the building, which is generally not part of the Mortgaged Property) to be approximately $ [22 . 8] million . New Hope Elementary School. New Hope Elementary School is a one- story building consisting of approximately 100, 164 square feet on an approximately 10-acre site located at 1900 New Hope Church Road in Chapel Hill , North Carolina . The County estimates the insured value of this building (not including the equipment associated with the building, which is generally not part of the Mortgaged Property) to be approximately $ [ 17 . 1 ] million . Pathways Elementary School. Pathways Elementary School is a one-story building consisting of approximately 85 ,282 square feet on an approximately 18 . 1 -acre site located at 431 Strouds Creek Road in Hillsborough, North Carolina . The County estimates the insured value of this building (not including the equipment associated with the building, which is generally not part of the Mortgaged Property) to be approximately $ [ 16 . 8 ] million . Orange High School. Orange High School is a three-story building consisting of approximately 217 , 203 square feet on an approximately 92 -acre site located at 500 Orange High School Road in Hillsborough, North Carolina . The County estimates the insured value of this building (not including the equipment associated with the building, which is generally not part of the Mortgaged Property) to be approximately $ [43 . 2] million . Ephesus Elementary School. Ephesus Elementary School is a one-story building consisting of approximately 66 , 952 square feet on an approximately 13 . 4- acre site located at 1495 Ephesus Church Road in Chapel Hill , North Carolina. The County estimates the insured value of this building (not including the equipment associated with the building, which is generally not part of the Mortgaged Property) to be approximately $ [ 11 . 7] million . it