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4S7
<br />STATE OF NORTH CAROLINA
<br />ORANGE COUNTY
<br />The Board of Commissioners of Orange County, having opened, canvassed, and
<br />(judicially determined the returns according to law, does hereby certify that the
<br />above is a true abstract of the original returns of the Special Bond and Tax
<br />Election in Orange Recreation District of Orange County held in the above named
<br />precincts within the Orange Recreation District of Orange County, on Tuesday,
<br />September 27, 1966.
<br />This the 29 day of September, 1966.
<br />H. D. Bennett
<br />H. S. Walker
<br />William C. Rev
<br />Carl M. Smith
<br />Gordon B. Cleveland
<br />Board of Commissioners, Orange County
<br />Upon completion of the canvass of said returns of votes cast in the special
<br />election held on Tuesday, September 27, 1966 in the Orange Recreation District
<br />Chairman Bennett declared that both questions which had been submitted to the
<br />qualified voters of that district had been defeated.
<br />Don S. Matheson requested the Board to give permission for the erection of a
<br />whipping post, stock and pillary to be located on the lawn of the old courthouse.
<br />This exhibit is to be used in connection with the 200th anniversary celebration of
<br />the Town of Hillsborough which is planned for November 4th, 5th and 6th.
<br />The Board granted permission for the erection of the exhibit provided that
<br />same was removed from the courthouse lawn after the celebration.
<br />Upon motion of Commissioner Smith, seconded by Commissioner Walker the following
<br />contract was adopted.
<br />"NORTH CAROLINA
<br />ORANGE COUNTY
<br />THIS AGREEMENT, Made this the 29th day of September, 1966, by and between The
<br />County of Orange, State of North Carolina, party of the first pert, hereinafter
<br />designated the County, and the City of Mebane, a municipal corporation in Alamence
<br />County, North Carolina, party of the second part, hereinafter designated the City,
<br />W I T N E S S E T H:
<br />That whereas, the County of Orange has engaged the firm of Alley, Williams,
<br />Carmen & King, Inc., Engineers and Architects, to make a survey and prepare detailed
<br />plans in order to provide water and sanitary sewer facilities to an industrial perk
<br />area located in western Orange County near the City, said survey and plans bear date
<br />of August 29, 1966; and
<br />. Whereas, representatives of the County and the City have had several meetings
<br />to discuss the various problems connected with the furnishing of water and sanitary
<br />sewer treatment for the proposed industrial park area as.described in.the detailed
<br />report above referred to; and
<br />Whereas, b6th the County and the City are of the firm opinion that the establish;
<br />ment of said industrial area will inure to the benefit of both the County and the City:
<br />NOW, THEREFORE, in order to carry out the above described undertaking the County
<br />of Orange agrees as follows, to-wit:
<br />1. To use its borrowing capabilities for the issuance of bonds in an amount not
<br />exceeding $1400,000, the proceeds from said bonds to provide for the laying of water
<br />pipes and sanitary sewer facilities to the area described as the industrial park area
<br />according to the report and plans as prepared by the engineers. That the Board of
<br />Commissioners of Orange County has already set in motion the necessary and required
<br />steps to have an election by the voters of Orange County on November 8, 1966, to
<br />express their approval, or disapproval, of the issuance of the said $1400,000 of bonds.
<br />2. That the County obligates itself to make payments of the principal and
<br />interest of said bonds until all of some are retired.
<br />3. That as a part of the consideration of this agreement, the City of Mebane,
<br />party of the second part, agrees to pay to Orange County all of the income received
<br />from water and sewer users who may have tapped on the line constructed by.the party
<br />of the first pert until such time as the $400,000 principal and the interest thereon
<br />has been paid in full. That upon said payment in full to the party of the first part
<br />it is mutually understood and agreed by the parties hereto that the water lines and
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