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NOTICE OF INTENTION TO FILE AN APPLICATION <br />WITH THE LOCAL GOVERNMENT COMMISSION <br />FOR APPROVAL OF BONDS <br />Notice is hereby given that the Board of Commissioners of Cabarrus County, North <br />Carolina (the "Board "), intends to file an application with the Local Government Commission <br />(the "LGC ") for its approval of the issuance of the following proposed bonds of the County of <br />Cabarrus, North Carolina, which bonds shall be subject to the approval of the voters of said <br />County at a referendum: <br />$34,000,000 General Obligation School Bonds for the purpose of <br />providing funds, with any other available funds, to finance, in part, <br />(i) the acquisition, construction, installation and equipping of a <br />new public middle school in Kannapolis within the boundaries of <br />Cabarrus County, to be funded with not more than $23,000,000 of <br />School Bonds proceeds, and (ii) the acquisition, construction, <br />installation and equipping of a new public elementary school to <br />replace the existing Royal Oaks Elementary School, to be funded <br />with not more than $11,000,000 of School Bonds proceeds, <br />including acquisition of necessary land and rights -of -way. <br />Any citizen or taxpayer of Cabarrus County who objects to said bonds in whole or in part may, at <br />any time within seven days from the date of publication of this Notice, file with the undersigned <br />and the LGC a statement setting forth his or her objections and containing his or her name and <br />address as provided in Section 159 -50 of the General Statutes of North Carolina. The mailing <br />address for the LGC is Albemarle Building, 325 North Salisbury Street, Raleigh, North Carolina <br />27603 -1385. Anyone who files a statement of objections with the LGC shall also file a copy of <br />said statement with the undersigned at Cabarrus County Governmental Center, 65 Church Street, <br />S.E., P.O. Box 707, Concord, North Carolina 28026. Objections set forth in said statement will <br />be considered by the LGC, along with said application, in determining whether to approve or <br />disapprove said application. <br />CABARRUS COUNTY BOARD OF COMMISSIONERS <br />0 <br />Megan I.E. Smit <br />Clerk to the Board of Commissioners <br />Attachment number 2 <br />G -5 Page 216 <br />