Orange County NC Website
• <br /> I 0 -1 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 for <br /> the 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 /> extent that the bonds are de- <br /> ductible under G.S. §159-55(b)) $ `0- <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) Bonded debt included 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 /> • <br /> deductible by G.S. §159-55(b) $ -0- <br /> b(6) Uncollected special assessments <br /> heretofore levied for local im- <br /> provements 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 part of the gross debt $ . . :4_. . <br /> b(7) The amount, as estimated by the <br /> N/A , of special <br /> assessments to be levied for <br /> local improvements for which any <br /> part of the gross debt (that is not <br /> otherwise deducted) was or is to be <br /> incurred, to the extent that the <br /> special assessments, when collected, <br /> will be applied to the payment of any <br /> part of the gross debt <br /> $ -0` <br /> (b) DEDUCTIONS, being the sum of b(1) , <br /> b(2) , b(3) , b(4) , b(5) , b(6) and <br /> b(7) <br /> $ 150,000 <br /> (C) NET DEBT <br /> (c) NET DEBT, being the difference <br /> • between the GROSS DEBT (a) and <br /> the DEDUCTIONS (b) $ .6,075:000 . <br /> (d) APPRAISED VALUE <br /> (d) APPRAISED VALUE of property subject <br /> . to municipal taxation before the <br /> application of any assessment ratio, <br /> being the value fixed in 1986 $ .2.0280.6.6/1.29 <br /> -2.. <br /> 6SOWN•WOpp_ONE WORLD TRADE CENTER.NEW VOAR.N Y 10048 <br />