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7 <br />Orange County, North Carolina -Sample Timetable for Band Sale <br />{including authorization and issuance of two-thirds bonds -- <br />items in bol ace relate colely ~o the two-thirds bonds proc 1 <br />Event <br />Date <br />1. County makes preliminary deternunation as As soon as possible <br />to proposed amount and projects for two- <br />thirds bonds and approved referendum <br />bonds, and preferred schedule for sale and <br />closing. <br />2. County Board adopts resolution stating in At 11/16 BOCC meeting <br />its own words the desirablllty of <br />proceeding with an issue oftwo-thirds <br />bonds for specified projects, aad <br />authorizing application to LGC. <br />3. Preliminary LGC meeting to discuss general As soon as possible <br />terms of issue -schedule, amount, purposes, and prior to Event 4 <br />possible maturity structures, and including <br />plans to combine referendum bonds and two- <br />thirds bonds <br />4. County completes and files As soon as possible aflter Event 3 <br />LGC application and prior to Event S <br />5. County Board introduces bond order <br />and formally schedules public hearing <br />At 12/7 BOCC meeting <br />6. Finance Oflacer 51es sworn statement <br />of debt with Clerk <br />7. Publish notice of public hearing <br />As soon as possible after Event 5 <br />and prior to Event 7 <br />After Event 6 and at least six days <br />prior to Event 8 <br />