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D. Appraised Value of property subject <br />to taxation, being the value from which the <br />assessed value last fixed for taxation was <br />computed, as revealed by the County tax <br />records and certified by the County Tax <br />Assessor. <br />E. Percentage that Net Debt bears to the <br />appraised value of property subject to <br />taxation. <br />WITNESS my signature this <br />0 <br />$10,084,687,332 <br />1.88% <br />day of June, 2005. <br />Kenneth T. Chavious <br />Finance Officer <br />Orange County, North Carolina <br />929730 <br />