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Minutes - 19870202
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Minutes - 19870202
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12/2/2013 3:55:36 PM
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Date
2/2/1987
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Minutes
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b(2) Funding and refunding bonds <br />. authorized but not yet issued .._.___..._.... $ -0- <br />b(3) The amount of money held in' <br /> sinking funds or otherwise far <br />,_ the payment of any part of the <br /> principal of grass debt other than <br /> debt incurred far water purposes ar _ <br /> sanitary sewer purposes (ta the <br /> extent. that the bonds are de- _p_ <br /> ductible under G.S. §159-55(b)).___........._ $ .......-. <br />b(4) Bonded debt included in gross debt " <br /> and incurred, or to be incurred, <br /> for water purposes ... - -- . . ......... . . . .'... _ .. $ .150,000 ~ - <br />b(5) Sonded debt 1.ncluded in gross debt <br /> and incurred, or to be incurred, _ <br /> for'sanitary sewer system purposes <br /> to the extent that said debt is made <br /> deductible by G.S. §159-55(b) ............... $ -D- <br />b(5) Uncollected special assessments <br /> heretofore levied for local im- <br /> pravements for which any part of <br />" the gross debt (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 collected, to the payment of <br /> any pant of the grass debt .......___.._..__. $ ...:CL--.___ <br />b(7) The amount, as"estimated by the " <br />--- Nin_ _, of special <br />_ assessmen~s to be levied for <br />_ local improvements far which any <br />- part of the grass debt (that is not <br />~~ otherwise deducted) was or is to be " <br /> incurred, to the extent that the - <br />-,,, special assessments, when collectea, <br /> will be applied to the payment of any <br />-0- <br /> part of the..grass debt ......._.........____ $ ...._ ._-- <br />(b) DEDUCTIONS, being the sum of b(1), <br /> b(2) , b(3) , b(4) , b(5) , b(6) and - <br /> 15p,poo <br /> (c) NET DEBT <br />(c) NET DEBT, being the difference <br /> between the GROSS DEBT (a) and <br /> the DEDUCTIONS (b) .------------------------ $ 6,~75_~00'! <br />(d) APPRAISED VALU.~.' <br />2$ ~ <br />(d), APPRAISED VALUE of property subject <br />to municiaal taxation before the <br />application of any assessment ratio, <br />being the value fixed in 1986 ... _ .... _ .... _ $ _?•32$:966: i29 <br />
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