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PROPOSED GENERAL OBLICATION BONDS <br /> <br /> Department o[ the Treasurer Pur~e Amount <br /> Local Government Commission <br /> <br />LIST OF DOCUMENTS TO BE FILED WITH LOCAL <br /> GOVERNMENT COMMISSION - G. O. BONDS <br /> <br />DATE: <br /> <br />UNIT: <br /> <br /> Total $ <br /> <br />The followlng is a list of major steps necessary for counties and municipalities to authorize general obligatioo bonds. It do~ <br />not purport to include all the decuments required b:,' Bond Counsel or to be all inclusive for districts or special types of <br />financing. All documents and publisher's affidavit.s should contain an original signature of the Certifying agent. <br /> <br /> Calendar and li~t of documents to be finalized following direction and advice of Bond <br /> Counsel <br /> <br /> DATES AUTHORIZATION <br /> 'r,.~,ti,~[~ ,a,, --x,~.,~-'"ct~ -.ucc~ .... ~ (*These steps are.not.requiredfor_non-voted bonds) .......... <br /> i 1. PETITION(S) of local boards~of education to theBoard of County Commi.~iouer~ to · ~ '. <br /> issue bonds. Hequired only ~'ben bonds are for school purposes not including rerun .... '. <br /> ding or funding of schcol debt. Should be passedpfins.to (or same da)' ii) publica-. <br /> tion of Notice of'-Intentlon: Furnish dertlfled cop),. (C.S. 115C-503)' ~' ,~' <br /> <br /> 2. *NOTICE OF INrrENTION - Required only when bonds are to be approved by thc <br /> voters and is to be published once not less than 10 days prior to filing application. <br /> Furnish publishers affidavit with clipping attached. (G.S. 159-50) <br /> <br /> 3. APPLICATION requesting approval nl proposed bonds on forms furnished by the <br /> Commhsion. The application may be received bi' the Commission and be]d in <br /> escrow prior to the expiration of the 10-day period after publication nf the Notice of <br /> Intention. in which case the application will bo acknowledged as filcd and at. ct. pled <br /> for submission to the Commission at the expiration of the 10-day period. (C.S. <br /> 159-51) <br /> <br /> 4. BOND OBDER(SI as introduced before governing board. The bond order(s) may be <br /> introduced after or at the same time the application is filed a nd accepted for submis- <br /> sion to the Commission. (C.5. 159-54) <br /> <br /> 5. SWORN STATEMENT OF DEBT to be fik'd with c'k'rk to thc beard aftcr intro- <br /> duction of bond order(s) and before public hearing. Furnish certlfis'd copy. {C.S. <br /> 159-55) <br /> <br /> 6. PUBLICATION OF BOND ORDER(S) AS INTRODUCED AND NOTICE OF <br /> HEARING. To be publithL, d at Icasl sis days prior to public bearing. Furnish <br /> publisher's affidavit with clipping attachcd. (C.S. 159-56 and 57) <br /> <br /> Y <br /> <br /> <br />