HomeMy WebLinkAboutRES-2024-022-Resolution setting public hearing and authorizing filing of debt statements RES -2024 - 022 O- CA
Resolution setting public hearing and
authorizingfiling iling of debt statements
WHEREAS , there has been introduced at this meeting a bond order entitled
as follows :
Bond Order Authorizing the Issuance of Orange County General
Obligation School Bonds in the Maximum Amount of $ 300 , 000 , 000 , �
Subject To Voter Approval
AND WHEREAS , Section 159 - S7 of the General Statutes requires that a
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public hearing be held on the bond order prior to its adoption, Section 159 - 56
of the General Statutes requires publication of a notice of the hearing, and
Section 159 - SS of the General Statutes requires the filing of statements of debt
and estimated interest prior to the public hearing;
BE IT THEREFORE RESOLVED by the Board of Commissioners of Orange
County, North Carolina, that the County' s Finance Officer is directed to prepare
and file, prior to the publication of the notice of public hearing, a sworn
statement of the County ' s net debt and a statement of estimated interest and
related matters in the forms prescribed by statute . r
AND BE IT FURTHER RESOLVED ( 1 ) that a public hearing on the bond
order will be held at 7 : 00 p . m . ( or as soon thereafter as the matter may be
heard) on June 4, 2024, in the Board ' s regular meeting room in the Whitted
Building, Hillsborough, North Carolina, and ( 2 ) that the Clerk to this Board is
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directed to publish a notice of the public hearing, in the form provided for in
Section 159 - 56 of the General Statutes , one time, not less than six days prior to
the hearing date, in a newspaper having general circulation in the County.
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