HomeMy WebLinkAboutRES-2004-041 Resolution setting public hearing and authorizing filing of debt statement/~~s - 2 ocy -a ~ ~
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Resolution setting public hearing and G ~,
authorizing filing of debt statement
WHEREAS, there have been introduced at this meeting bond orders
entitled as follows:
BOND ORDER AUTHORIZING THE ISSUANCE OF
GENERAL OBLIGATION PUBLIC BUILDING BONDS IN
THE MAXIMUM AMOUNT''OF $3,900,000, and
BOND ORDER AUTHORIZING THE ISSUANCE OF
GENERAL OBLIGATION BONDS FOR LAND
ACQUISITION IN THE MAXIMUM AMOUNT OF $300,000
AND .WHEREAS, Section 159-57 of the General Statutes requires
that a public hearing be held on each such bond order prior to its adoption,
Section 159-56 of the General Statutes requires publication of a notice of
such hearing, and Section 159-55 of the General Statutes. requires the filing
of a statement of the County's debt with the Clerk to the Board prior to the
public hearing;
BE IT THEREFORE RESOLVED by the Board of Commissioners
of Orange County, North Carolina, (1) that a public hearing on each such
bond order will be held at 7:30 p.m. (or as soon thereafter as the matter may
beheard) on June 23, 2004, in the Board's regular meeting room in the
County's Southern Human Services Center, 2501 Homestead Road, Chapel
Hill, North Carolina, and (2) that the Clerk to this Board is authorized and
directed to publish a notice of such public hearing, in the form provided for
in Section 159-56 of the General Statutes, one time, not less than six days
prior to such hearing date, in a newspaper having general circulation in the
County;
AND BE IT FURTHER. RESOLVED that the County's Finance
Officer is authorized .and directed to prepare and file, prior to -the
publication of the notice of public hearing, a sworn statement of the
County's net debt in the form prescribed by statute.