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2s <br /> secure County financings,with the addition of the crisis diversion center and the County Justice Center as <br /> new collateral.The financing documents provide broad flexibility to release individual properties from the <br /> financing lien if that becomes desirable for the County. <br /> No school facilities are being used as collateral for the 2026 financings, although schools remain as <br /> collateral for other County financings. <br /> The pledged properties will secure not only the planned 2026 financings, but also existing County <br /> financings. Lenders generally require that the County offer collateral equal to at least 50%of the total loan <br /> amount.The County expects to offer collateral with a value exceeding 100%of the existing and proposed <br /> loan amounts. <br /> Gary Donaldson, Chief Finance Officer, made the following presentation: <br /> Slide#1 <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br /> Limited Obligation Bonds, Series 2026A&B <br /> Financing Resolution and Public Hearing <br /> Gary Donaldson,Chief Financial Officer <br /> May 5, 2026 <br />