Orange County NC Website
Browse       Search
12 <br />(c) NET DEBT <br />(c) NET DEBT, being the difference <br />between the GROSS DEBT (a) and <br />the DEDUCTIONS (b) ..................... $ 82,282,483 <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 1992 .......... $3,752,502,561. <br />(e) Percentage which the NET DEBT (c) <br />bears to the APPRAISED VALUE (d) ........ 2.2% <br />The foregoing statement is true. <br />Deputy Finance Director of the <br />County of Orange, North Carolina <br />STATE OF NORTH CAROLINA ) <br />ss.: <br />COUNTY OF ORANGE ) <br />Subscribed and sworn to before me this 3rd day of August <br />1992. <br />Notary Public <br />My commission expires <br />* <br />I, Beverly Blythe, Clerk to the Board of Commissioners for the <br />County of Orange, North Carolina, DO HEREBY CERTIFY that the <br />foregoing is a true copy of a statement which was filed with me at <br />a meeting of the Board of Commissioners for said County held on <br />August 3, 1992, after the introduction and before the public <br />hearing on an order authorizing bonds of said County, and that said <br />statement is open to public inspection in my office. <br />3 <br />