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financing contract(s), which may utilize a draw-down loan structure, with one or more third parties <br />pursuant to North Carolina General Statutes 160A-20, as amended, the proceeds of which, and the <br />related Limited Obligation Bonds and/or Certificates of Participation, if any, would be used to <br />provide interim financing for all or some portion of the Projects pending execution and delivery <br />of said one or more long-term financing contract(s) and the related Limited Obligation Bonds <br />and/or Certificates of Participation, if any, and under said one or more short-term installment <br />financing contract(s) the County would secure the repayment by the County of the moneys <br />advanced pursuant to such short-term installment financing contract(s) by granting a security <br />interest in and lien on all or some portion of the Projects and/or all or some portion of the real <br />property upon which the Projects are located, which plan of financing and Projects were described <br />in the notice of public hearing published in The Independent Tribune on March \[__\], 2022 (the <br /> <br />The Board of Commissioners first ratified and approved the designation of the meeting as <br />a public hearing on the proposed plan of financing, the call of the public hearing and publication <br />of the Notice. <br />It was then announced that the Board of Commissioners would immediately hear anyone <br />who might wish to be heard on such matter. <br />No one appeared, either in person or by attorney, to be heard on such matter or the <br />advisability of the plan of financing and the Chairman announced that no written statement relating <br />to said matters had been received by the Clerk or the Finance Director prior to the opening of the <br />public hearing. <br /> It was then announced that the public hearing was closed. <br /> 2 <br /> <br />