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HomeMy WebLinkAboutOTHER-2025-099-White Cross Fire Truck Financing and Authorization for the Chair to Execute Required Documents 0T#FoE0g�-0q9; -� f i � FrI 5 Attachment 3 ®tA`, �c Cash JAMEZETTA BEDFORD, CHAIR Orange County Board of Commissioners JEAN VICE-CHAIR post Office Box 8181 MARILYNYN CARTER � A ER SAALLY 300 West Tryon Street LLYGR GREENE EARLMCKEE PHYLLIS PORT/EASCOTT Hillsborough , North Carolina 27278 Edon /) November 18 , 2025 HomeTrust Bank PO Box 10 Asheville, NC 28802 - 0010 Re : Municipal Lease and Option Agreement between HomeTrust Bank and White Cross Volunteer Fire Department To whom it may concern , I am Chair of the County Commissioners of Orange County . This letter is to advise you that : White Cross Volunteer Fire Department is a qualified Volunteer Fire Department, assigned to protect a specific Fire District within this County . In addition, a special ad valorem (fire tax) is assessed on the real property owners of this district . Said tax is to be used exclusively to provide equipment, facilities , and training as is necessary to provide fire protection for said district. Said funds may also be used to upgrade equipment as the need arises . This tax is collected by the County and disbursed by the Finance Office to the Fire Department on a regular basis by the County Finance Officer. The Fire Department is operated and managed by the Board of Directors of the Fire Department and the Officers of said Department . The Department is currently meeting the requirements of their fire service contract . The Fire Department has made us aware of their intention to acquire new capital assets through a Lease Purchase transaction with your firm . Please be advised that the County has no objection to this transaction . Sincerely , Jamezetta Bedford Chairman Orange County Commission WWW. ORANGECOUNTYNC, GOV ORANGE COUNTY, NORTH CAROLINA (919) 2452130