Orange County NC Website
2. ,tame sources and amounts of Federal grants and loans requested, and indicate status of <br /> - each request. <br /> 50% grant from Farmers Home Administration. Application will be <br /> filed in April, 1982. Response expected in July, 1982. <br /> 3. If bond financing is required for the Project: N/A <br /> a. Has a bond issue been authorized by the governing body? <br /> El Yes $ 0 No (Explain plans) <br /> (amount) (date) <br /> b. Is a bond referendum required to approve the bond authorization? r--, Yes ri No <br /> If yes, has referendum been held? Yes rift . <br /> If yes, . . Results: 1--1 Passed ED Failed <br /> '(date) <br /> If no, explain plans and proposed date for referendum. <br /> 4. Indicate most recent official total tax rate: $ 0.544 . ' per $100 of assessed <br /> valuation. <br /> 5. Indicate official assessment ratio: 100 %. <br /> 6. Indicate estimated tax increase required for debt service because of this Project: <br /> $ 0.00 per $100 of assessed valuation. <br /> June 30, .1981 <br /> 7. Outstanding bonded indebtedness not including bonds for this Project: $ 8,405,000 <br /> 8. Indicate total appraised property valuation: $ 1 809,312,895 (for 1981) <br /> 9. The proposed water bonds of $ and/or sanitary sewer bonds of <br /> when added to the Applicant's existing indebtedness, are <br /> within the present debt limitation provisions of the general laws of the State. Yes <br /> No • If no, explain. <br /> N/A <br /> 10. The Applicant has followed proper accounting and fiscal reporting procedures, as <br /> evidenced by the Applicant's most recent report of audit, and the Applicant is in <br /> substantial compliance with provisions of the general fiscal control laws of the <br /> State. Yes X No _ . Explain exceptions. <br />