BC 1984 01 03 - Laserfiche WebLink

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468 County to make and file with the Clerk to said Board a statement of the debt of the Water and Sewer District of Cabarrus County pursuant to The Local Government Bond Act, as amended, DO HEREBY CERTIFY that the following is a true statement as shown by the books in my office, not taking into consideration any debt incurred or to be incurred in anticipation of the collection of taxes or other revenues or in anticipation of the sale of bonds other than funding and refunding bonds: (a) GROSS DEBT a(1) Outstanding debt evidenced by bonds ................. NONE a(2) Bonds authorized by an order intro- duced on January 3, 1984, but not yet adopted: Water Bonds .................................... $7,275,000 a(3) Unissued bond authorized by adopted orders ............................................... NONE a(4) Outstanding debt, not evidenced by bonds .............................................. (a) GROSS DEBT, being the sum of a(1), a(2), a(3) and a(4) ................................. $7,275,000 (b) DEDUCTIONS b(1) Funding and refunding bonds authorized by orders introduced but not yet adopted ............................................. NONE b(2) Funding and refunding bonds authorized but not yet issued ........................ NONE b(3) The amount of money held in sinking funds or otherwise for the payment of any part of the principal of gross debt other than debt incurred for water, gas, electric light or power purposes, or sanitary sewer purposes (to the extent that the bonds are deductible under G.S. 159-55(b)) or two or more of said purposes ........................ NONE b(4) Bonded debt included in gross debt and incurred, or to be incurred, for water, gas, electric light or power purposes or two or more of said purposes ....................................... $7,275,000 b(5) Bonded debt included in gross debt and incurred, or to be in- curred, for sanitary sewer system purposes to the extent that said debt is made deductible by G.S. i59-55(b) ........................................... NONE b(6) Uncollected special assessments heretofore levied for local improve- ments for which any part of the gross debt (that is not otherwise deducted) was or is to be incurred, to the ex- tent that such assessments will be apPlied, when collected, to the pay- ment of any part of the gross debt ..................