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P-0360 - The One Million Dollar Bond Issue for Reservoir Site Acquisition is Classified A Loan to Future Water Supply Users 07-25-1988
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P-0360 - The One Million Dollar Bond Issue for Reservoir Site Acquisition is Classified A Loan to Future Water Supply Users 07-25-1988
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1/15/2009 12:21:55 PM
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1/15/2009 12:21:54 PM
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BOCC
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7/25/1988
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<br />,, ....,-• (b) DEDUCTIONS ,. _ --,. _-', ""`~ <br /> <br />=~, }s{1) • . F~ndinq and refunding. bonds ' -- ~ ti -ti g ,;.~ ~,"„~ -~ <br />-+~*• authorized by ordcrs introduced ~ - -. z._- <br />~.c _,x,- .but. not yet adopted ..... ... _ 5 -o- . _... <br />b(2) <br />_ funding and refunding -bonds - ~ •• <br />authorized but not yet issued ... <br /> <br />0 <br />5 - <br />b (3) -' ` <br />... <br />-Thc amount . of money held in s- :. <br />.. ~•~ sinking funds oz otherwise for <br />a tha payment of any part of the- - _ ' <br />~ ~ principal of gross debt other than <br />- - debt incurred for water purposes or _ <br /> sanitary sewer purposes (to the - <br />d <br />- ~ <br /> e <br />extent that the bonds are a <br />_ <br />.;.. -, <br />- ~ duetible-under G.S. §159-55 (b))............ _ 5 <br />_ - <br />r <br />- <br />-~~b <br />q) -? .,.; ,., <br />.Bonded debt=included in gross debt -- _ z .,.:. <br />- <br />- <br />( <br />.. <br />K and incurred, or to be incurred, <br />• <br />; <br />: <br /> <br />~ <br />~ `;. , <br />for water purposes ......................... . :..... <br />$ .: <br />-:. <br />b(5) Bonded debt included in gross debt _ _ <br />. <br />- - , <br />and. incu-z'ed, or to be incurred, ~• - .~... , - _ <br /> <br />:-- <br />-_ '"` sanit~ry sewer System purposes <br />r <br />f _ - <br />- --- o <br />. <br />to the extent that said debt is made <br /> deductible by G.S. ,§155-55 (b) ............ S -0- <br />b(6) Uncollected special'assessments; -, _ <br /> heretofore levied for local im- <br /> gyavemests,.for whaeh any paid. of - <br />, <br />, <br /> <br />. <br />, .. <br />1 <br />-he g.oss aebt'(that.'is not ' <br /> otherwise deducted) was or is. to <br /> be incurred to the extent that <br /> such assessments will be applied,' - <br /> :when ccllected, to the payment of - _o- <br />- any part cf the gross oebt ... ......... ......... <br />5 <br />_b (7) The amount, as estimated by the <br />- - p~naaee Direeto- _ of special _ . <br />- assessments to be levied for <br />- local improvements for Which any <br />; <br /> . <br />part of the gross debt (that is not <br />_ otherwise deducted) was or is to be --• <br />, <br />incu.~red, to the ei.•tent Lhat the - <br />- _ <br />_ <br />. <br />`~ =.special assessments, when co11eC ed, <br />will be applied to the payment cf any <br />: <br /> •• <br />pa-t o` the gross debt ¢ <br />5 <br />(b) DEDUCTIONS, being `..hey sum of b(1), ."'' _ <br />.'-. b(2), b(3), b(q)., b(5), b(6) and _ 6 _a <br /> <br />~~~ <br />s .. <br />
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