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as amended, the County of Orange, North Carolina, is hereby <br /> authorized to contract a debt, in addition to any and all other <br /> debt which said County may now or hereafter have power or author- <br /> ity to contract, and in evidence thereof to issue Water Bonds in <br /> an aggregate principal amount not exceeding $1, 000, 000 for the <br /> purpose of providing funds, with any other available funds, for <br /> the acquisition of land and rights of way for a reservoir to <br /> provide an additional source of water for residents of said <br /> County and one or more other public entities and to provide <br /> related recreational opportunities. <br /> 2 . That taxes shall be levied in an amount sufficient <br /> to pay the principal of and the interest on said bonds. <br /> 3 . That a sworn statement of the debt of said County <br /> has been filed with the Clerk to the Board of Commissioners for <br /> said County and is open to public inspection. <br /> 4 . That this order shall take effect when approved by <br /> the voters of said County at a referendum as provided in said <br /> Act. <br /> The Board of Commissioners thereupon designated the <br /> Finance Director as the officer whose duty it shall be to make <br /> and file with the Clerk to the Board of Commissioners the sworn <br /> statement of debt of the County which is required by The Local <br /> Government Bond Act, as amended, to be filed after the bond <br /> orders have been introduced and before the public hearing there- <br /> on. <br /> Thereupon the Finance Director filed with the Clerk to <br /> the Board of Commissioners, in the presence of the Board of <br /> Commissioners, the sworn statement of debt as so required. <br /> Thereupon the order entitled: "ORDER AUTHORIZING <br /> $22 , 000, 000 SCHOOL BONDS" was passed on first reading. <br /> Thereupon the order entitled: "ORDER AUTHORIZING <br />