Orange County NC Website
<br />2 <br />FINANCIAL IMPACT: There is no financial impact related to the introduction of the Order, <br />however, once bonds are finally sold it is estimated that annual debt service costs could range <br />from $200,000 to $230,000. These debt service costs have already been planned and factored <br />into the County's approved 1999-2009 CIP. <br />RECOMMENDATION(S): The Manager recommends that the Chair introduce the Bond Order <br />and that the Board establish a Public Hearing on January 18, 2000 and authorize the Finance <br />Director to file a Sworn Statement of Debt. <br />