Orange County NC Website
13 <br />3. Amounts held in sinking funds or <br />otherwise for the payment of any part of the <br />principal of gross debt, other than debt <br />incurred for water, gas, electric light or <br />power purposes or sanitary sewer purposes <br />(to the extent deductible under Section 159- <br />55(b) of the General Statutes), or two or <br />mare of these purposes. <br />4. Bonded debt included in gross <br />debt and incurred, or to be incurred, for <br />water, gas or electric light or power <br />purposes, or any two or more of such <br />purposes. <br />5. Bonded debt included in gross <br />debt and incurred, or to be incurred, for <br />sanitary sewer purposes (to the extent <br />deductible under Section 159-55(b) of the <br />General Statutes). <br />6. Uncollected special assessments <br />levied for local improvements for which any <br />part of gross debt (that is not otherwise <br />deducted) was or is to be incurred, to the <br />extent that the special assessments will be <br />applied, when collected, to the payment of <br />any part of the gross debt. <br />7. Estimate of special assessments <br />to be levied for local improvements for which <br />any part of gross debt (that is not otherwise <br />deducted) was or is to be incurred, to the <br />extent that the special assessments will be <br />applied, when collected, to the payment of <br />any part of the gross debt. <br />Total deductions (Sum of 1 through 7) $ -0- <br />