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FINANCE RESOLUTION - Resolution Providing for the Sale and Issuance of 23 million General Obligation Community College Bonds, Series 2017
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FINANCE RESOLUTION - Resolution Providing for the Sale and Issuance of 23 million General Obligation Community College Bonds, Series 2017
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2/10/2017 1:56:59 PM
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2/10/2017 1:46:29 PM
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the issuance of this bond have happened, exist and have been performed in regular and due form <br />and time as so required; that provision has been made for the levy and collection of a direct <br />annual tax upon all taxable property within said County sufficient to pay the principal of and the <br />interest on this bond as the same shall become due; and that the total indebtedness of said <br />County, including this bond, does not exceed any constitutional or statutory limitation thereon. <br />This bond shall not be valid or become obligatory for any purpose or be entitled to any <br />benefit or security under the Resolution until this bond shall have been authenticated by the <br />execution by the Bond Registrar of the certificate of authentication endorsed hereon. <br />IN WITNESS WHEREOF, the County of Lee, North Carolina, by resolution duly <br />adopted by its Board of Commissioners, has caused this bond to be manually signed by the <br />[Vice] Chairman of said Board and the [Deputy] Clerk to said Board and its official seal to be <br />impressed hereon, all as of the day of February, 2017. <br />[SEAL] <br />LDo not sign] <br />[Vice] Chairman of Board of Commissioners <br />[Do not sign] <br />[Deputy] Clerk to the Board of Commissioners <br />CERTIFICATE OF LOCAL GOVERNMENT COMMISSION <br />The issuance of the within bond has been approved under the provisions of The Local <br />Government Bond Act of North Carolina. <br />IDo not sign] <br />Secretary, Local Government Commission <br />CERTIFICATE OF AUTHENTICATION <br />This bond is one of the Bonds of the series designated herein and issued under the <br />provisions of the within -mentioned Resolution. <br />IDo not sign] <br />Finance Director, as Bond Registrar <br />Date of authentication: <br />
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