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NOTICE OF PUBLIC <br />HEARING ' . <br />The Board of Commission- <br />ers for the County of Lee, <br />North Carolina (the <br />"County") has determined to <br />consider whether to enter.. <br />into an installment financing <br />agreement (the "Agree- <br />ment") under Section <br />160A -20 of the General Stat. <br />utes of North Carolina for <br />the purpose of refinancing <br />all or a portion the County's <br />Installment financing obliga- <br />tions relating to the Certiff <br />cafes of Participation (Public <br />School and Community Col- <br />lege Project), Series 2004, <br />dated January 7, 2004 (the <br />"Series 2004 Certificates "), <br />the proceeds of which were <br />used to pay the costs of ac- <br />quiring, constructing and <br />equipping a new public high <br />school and a new emer- <br />gency services training cen- <br />ter for Central Carolina Com- <br />munity College. The County <br />would be obligated to make <br />installment payments under <br />the Agreement in an aggre- <br />gate principal amount not to <br />exceed $24,000,000, to- <br />gether with interest thereon <br />If the County enters into the <br />Agreement, it will secure Its <br />obligations thereunder by "_ <br />executing and deliveringa.. <br />deed of trust granting a IifM <br />on all or a portion of the"._ <br />sites of the facilities f't <br />nanced by the Series 2004 <br />Certificates, together with <br />any improvements or fix- <br />tures located or to be lo- <br />cated thereon. <br />Section 160A -20 of the Gen- <br />eral Statutes of North Caro- <br />lina requires that the County <br />hold a public hearing prior <br />to entering into the Agree- <br />ment. <br />Please take notice that the <br />Board of Commissioners for <br />the County will conduct a ;. <br />public hearing in the Com <br />missioners' Room at the Lee ,.- <br />County Government Center, ' <br />1106 Hillcrest Drive in San- <br />ford, North Carolina, at 6:00 - <br />p.m. on April 16, 2012, at .. <br />which time any person m!L <br />be heard regarding the pra„ <br />posed Agreement. _ <br />Any person wishing to com- <br />ment in writing on the pro - <br />posed Agreement should do <br />so prior to April 16, 2012 to <br />the County of Lee, North <br />Carolina, Lee County Gov- <br />ernment Center, 106 Hill- <br />crest Drive, Sanford, North <br />Carolina 27330.4021, Atten -„ <br />tion: Gaynell M. Lee, Clerk <br />to the Board of Commission- <br />ers. <br />Gaynell M. Lee <br />Clerk to the Board of Com - <br />missioners <br />County of Lee, North Caro- <br />[Ina <br />q / � <br />609 <br />2--- <br />