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Attachment A <br />3 <br />The Board of Commissioners for the County of Orange, North <br />Carolina, met in the F. Gordon Battle Courtroom of the new <br />Orange County Courthouse, 106 E. Margaret Lane, Hillsborough, <br />North Carolina at 7:30 P.M. on March 21, 2000. <br />Present: <br />Absent: <br />The Chair of the Board of Commissioners announced that this <br />was the hour, day and place fixed for the public hearing for the <br />purpose of considering whether the Board of Commissioners should <br />approve a proposed Installment Purchase Promissory Note and <br />Installment Purchase Deed of Trust (hereafter collectively "the <br />financing agreements") under which the County would obtain <br />financing for the purchase of 62.55 acres of land (hereafter <br />"the Property") located in central Orange County, adjacent to US <br />70 West and to property on which is located Corporation Lake, a <br />public water supply impoundment owned by Orange Alamance Water <br />System, Inc., for the purposes of conserving so much of the <br />property purchased as is deemed appropriate by the County to <br />buffer the Eno River, McGowan Creek and an unnamed tributary of <br />the Eno River and using the balance of the property for other <br />governmental purposes, as described in the notice of such public <br />hearing which was published in The Chapel Hill Hexald on March <br />11, 2000 and The News of Oran e Count on March 15, 2000, and <br />under which the County would secure the repayment by it of <br />moneys borrowed by granting a security interest in the property <br />purchased. <br />The Property and the use of the Property were then <br />described by the Director of the Orange. County Environment and <br />Resource Conservation Department. The County Attorney presented <br />and described the financing agreements between Orange County and <br />Duke University which agreements describe the provisions of the <br />proposed installment purchase. <br />The Chair of the Board of Commissioners then announced that <br />the Board of Commissioners would immediately hear anyone who <br />-might wish to be heard on this matter. <br />[ and <br />appeared and their comments are contained in the minutes of this <br />meeting.] <br />[No one appeared, either in person or by attorney, to be <br />heard on such matter.] <br />1 <br />