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5 <br />Resolution setting public hearing and authorizing filing of debt statement <br />WHEREAS, there has been introduced at this meeting a bond order entitled <br />as follows: <br />BOND ORDER AUTHORIZING THE ISSUANCE OF GENERAL <br />OBLIGATION REFUNDING BONDS IN THE MAXIMUM <br />AMOUNT OF $28,000,000 <br />AND WHEREAS, Section 159-57 of the General Statutes requires that a <br />public hearing be held on such bond order prior to its adoption, Section 159-56 of <br />the General Statutes requires publication of a notice of such hearing, and Section <br />159-55 of the General Statutes requires the filing of a statement of the County's <br />debt with the Clerk to the Board prior to the public hearing; <br />BE IT THEREFORE RESOLVED by the Board of Commissioners of <br />Orange County, North Carolina, that a public hearing on each such bond order will <br />be held at 7:30 p.m. (or as soon thereafter as the matter may be heard) on January <br />21, 2003, at the F. Gordon Battle Courtroom in Hillsborough, North Carolina, and <br />that the Clerk to this Board is authorized and directed to publish a notice of such <br />public hearing, in the form provided for in Section 159-56 of the General Statutes, <br />one time, not less than six days prior to such hearing date, in a newspaper having <br />general circulation in the County; <br />AND BE IT FURTHER RESOLVED that the County's Finance Officer is <br />authorized and directed to prepare and file, prior to the publication of the notice of <br />public hearing, a sworn statement of the County's net debt in the form prescribed <br />by statute. <br />Orange Co Docs <br />