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Minutes - 19660919
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Minutes - 19660919
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9/19/1966
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Minutes
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a <br /> 4 S5 <br /> <br /> <br /> <br /> <br />' ORANGE COUNTY <br /> STATEMENT CONCERNING OTHER THAN SCHOOL INDEBTEDNESS <br />{ <br /> I, S. M. Gattis, County Accountant of the County of Orange, North Carolina <br />do <br /> , <br />make and file the following statement of the financial condition of said County ' <br /> <br />1 , <br />having been designated by the Board of Commissioners for that purpose. Said <br /> statement includes a statement of debt incurred and to be incurred for other than is <br /> school purposes under orders either introduced or passed, whether evidenced by bonds <br /> , <br />notes or otherwise, and whether incurred by original creation of <br />the debt, or by <br /> <br />; <br /> assumption of debt, including debt to the State or any department thereof <br />but not <br /> , <br />including obligations incurred to meet appropriations in anticipation of revenues to <br /> an amount not exceeding the amount of the last preceding tax levy for other than <br /> school purposes. <br /> (a) The assessed valuation of property <br /> as last fixed for county taxation ......................... $ 165.000.9Q0.00 <br />+F <br /> (b) Outstanding debt for other than y' <br /> school purposes ............................. $,}24?0o4s44 <br /> (c) Bonded debt for other than <br /> school purposes to be in- g <br /> curred under orders either <br />?. <br /> <br />introduced or passed: .. <br /> Water Bonds ........ ..... S 560,000 <br />Sanitary Sewer Bonds <br /> ...................... 90,000 <br /> <br />• <br />(d) The sum of items (b) and (c) ............................. $.....770,000.00 .:- <br /> (e) Sinking funds (except school <br /> sinking funds), being money a <br /> or investments thereof pledged <br /> and held for the payment of <br /> principal of debt outstanding <br /> for other than school purposes........ <br /> (f) Moneys payable to the County <br /> by a railroad or interurban <br /> railway company under contract, <br /> as all or part of the cost of <br /> grade crossing elimination, if <br /> such moneys are pledged to and <br />1 when collected will be used in <br /> the retirement of outstanding <br /> <br />• <br />debt for other than school purposes.. $........... ; <br /> (g) Amount of unissued funding and <br /> refunding bonds not for school <br /> purposes included in gloss debt $, <br /> (h) The sum of items (e), (f), and (g) ........................ ............ <br />a: <br /> <br />(i) Net debt, for other than school r. <br /> <br />... <br /> purposes, being the sum by which ' <br /> <br />' 770,000.00 <br />item (d) exceeds item (h)................................. ............ <br />5.... n: <br /> (j) The percentage that the net debt <br /> for other than school purposes <br /> bears to said assessed valuation ........................ 00 .4666 % <br /> <br /> /s/ S. M. Gattis <br /> County Accountant <br />STATE OF NORTH CAROLINA) <br /> ss <br /> COUNTY OF ORANGE ) <br /> Subscribed and sworn to before me this 19th day of September, 1966. <br /> /s/ Archie G. Williams i <br /> Assistant Clerk of Superior Court <br />c. <br /> CLERK SUPERIOR COURT SEAL r' <br />r. <br /> I, Betty June Hayes, Register of Deeds and ex officio Clerk of the Board of <br />Commissioners for the Count <br />of O <br /> y <br />range, North Carolina, DO HEREBY CERTIFY that the <br />foregoing is a true co <br />of a <br />t <br />t <br /> py <br />s <br />a <br />ement filed with me as Clerk on September 19, 1966, <br />after the introduction of an order authorizinc bonds of said Count <br />and th <br />t <br />i ?. <br /> y, <br />a <br />sa <br />d <br />statement is open to public inspection in my office. <br /> WITNESS my hand and the corporate seal of said County, this 19th day of ;.' <br />S eptember, 1966. . <br /> /s/ Betty June Hayes <br /> Register of Deeds and ex officio <br />COMMISSIONERS S <br />° ' <br /> EAL Clerk of Board of Commissioners / <br />
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