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ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />A RESOLUTION APPROVING ATAX-EXEMPT FINANCING ARRANGEMENT FOR <br />PURCHASE OF TWO PUMPER TANKERS BY ENO FIRE ~ EMERGENCY SERVICES, INC. <br />WHEREAS, Eno Fire ~ Emergency Services has represented to the Board of Commissioners <br />that it needs to acquire two pumper tankers to replace two aging fire trucks, and <br />WHEREAS., Eno Fire & Emergency Services is unable to pay anticipated acquisition costs <br />entirely with funds on hand; and <br />WHEREAS, Eno Fire & Emergency Services is able to borrow funds to complete the financing <br />of these vehicle acquisitions at a favorable interest rate if the loan is approved by the unit of <br />local government with which the fire department contracts to provide fire protection; and <br />WHEREAS, on April 10, 2000, Eno Fire & Emergency Services held a required public hearing <br />on this matter fallowing adequate public notice of that hearing, as outlined in a record of that <br />hearing cerkified by the Secretary to the Board of Directors, and <br />WHEREAS, the Board of County Commissioners desires to approve atax-exempt financing <br />arrangement between Eno Fire & Emergency Services and a qualified lender; <br />NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of Orange County that <br />the public hearing is ratified and said financing arrangement is approved. <br />This, the 16th day of May, 2000. <br />