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I <br />STATE OF NORTH CAROLINA <br />ORANGE COUNTY <br />Subscribed and sworn before me this day of June, 2005. <br />Notary Public <br />[Seal] <br />My commission expires <br />I, John Smith, Orange County Tax Assessor, hereby certify that the assessed <br />value last fixed for taxation in Orange County, as revealed by Orange County tax <br />records (before the application of any assessment ratio), is $10,084,687,332. <br />WITNESS my signature this day of June, 2005. <br />Tax Assessor <br />Orange County, North Carolina <br />I, the Clerk to the Board of Commissioners of Orange County, North <br />Carolina, certify that the foregoing is a true copy of a statement which was filed <br />with me on June , 2005, after the introduction of, and before the public hearing <br />on, an order authorizing refunding bonds of Orange County, North Carolina, and <br />that said statement is open to public inspection in my office. <br />Clerk, Board of Commissioners <br />Orange County, North Carolina <br />92973v1 <br />