Title
Proposed 2026 General Obligation Bonds Not to Exceed $278,090,000
Recommended Action
That the Board of Commissioners:
1. Adopts resolution providing for the sale and issuance of General Obligation Public Improvement Bonds, Series 2026A (“2026A GO Bonds”) in the principal amount of not to exceed $235,000,000 to refinance bond anticipation notes previously issued in anticipation of the receipt of proceeds of School bonds and Community College bonds; and
2. Adopts resolution providing for the sale and issuance of not to exceed $43,090,000 County of Wake, North Carolina General Obligation Library Bonds, Series 2026B (“2026B GO Bonds”).