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<br />Resolution setting public hearing and <br />authorizing tiling of debt statement <br />WHEREAS, there have been introduced at this meeting bond orders <br />entitled as follows: <br />BOND ORDER AUTHORIZING THE ISSUANCE OF <br />GENERAL OBLIGATION PUBLIC BTJILDING BONDS IN <br />THE MAXIMUM AMOUNT OF $3,900,000, and <br />BOND ORDER AUTHORIZING THE ISSUANCE OF <br />GENERAL OBLIGATION BONDS FOR LAND <br />ACQUISITION IN THE MAXIMUM AMOUNT OF $300,000 <br />AND WHEREAS, Section 159-57 of the General Statutes requires <br />that a public hearing be held on each such bond order prior to its adoption, <br />Section 159-.56 of the C,eneral Statutes requires publication of a notice of <br />such hearing, and Section 159-55 of the General Statutes requires the filing <br />of a statement of the Cow~ty's debt with the Clerlc to the Board prior to the <br />public hearing; <br />BE IT THEREFORE RESOLVED by the Board of Commissioners <br />of Orange County, North Carolina, (1) that a public hearing on each such <br />bond order will be held at 7:30 p.m. (or as soon thereafter as the matter may <br />be heard) on June 2.3, 2004, in the Board's regulai° meeting room in the <br />County's Southern Human Services Center, 2501 Homestead Road, Chapel <br />Hill, North Carolina, and (2) that the Clerk to this Board is authorized and <br />directed to publish a notice of such public hearing, in the form provided for <br />in Section 159-56 of the General Statutes, one time, not less than six days <br />prior to such hearing date, in a newspaper having general circulation in the <br />County; <br />AND BE IT FURTHER RESOLVED that the County's Finance <br />Officer is authorized and directed to prepare and file, prior to the <br />publication of the notice of public hearing, a sworn statement of the <br />County's net debt in the form prescribed by statute. <br />