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AG 2006 08 21
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AG 2006 08 21
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Last modified
8/24/2006 1:40:13 PM
Creation date
11/27/2017 11:33:43 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
8/21/2006
Board
Board of Commissioners
Meeting Type
Regular
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<br />a business day) of the calendar month next preceding such interest payment date, by check <br /> <br />mailed to such person at his address as it appears on the bond registration books of said County. <br /> <br />Both the principal of and the interest on this Bond shall be paid in any coin or currency of the <br /> <br />United States of America that is legal tender for the payment of public and private debts on the <br /> <br />respective dates of payment thereof. For the prompt payment hereof, both principal and interest <br /> <br />as the same shall become due, the faith and credit of said County of Cabarrus are hereby <br /> <br />irrevocably pledged. <br /> <br />[Printed Bonds are to include the following paragraph] <br /> <br />ADDITIONAL PROVISIONS OF THIS BOND ARE SET FORTH ON THE REVERSE <br /> <br />HEREOF AND SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS IF SET <br /> <br />FORTH HERE. <br /> <br />[Reverse Side of Printed Bonds] <br /> <br />This Bond is one of an issue of Bonds designated "Public Improvement Bonds, Series <br /> <br />2006" (the "Bonds") and issued by the County for the purpose of providing funds, with any other <br /> <br />available funds, for the acquisition, construction, renovation and equipping of certain of the <br /> <br />County's school facilities in said County. This Bond is issued under and pursuant to The Local <br /> <br />Goverrunent Bond Act, as amended, Article 7, as amended, of Chapter 159 of the General <br /> <br />Statutes of North Carolina, a bond order adopted by the Board for said County which has taken <br /> <br />effect as provided by law, and a resolution duly passed by said Board (the "Resolution"). <br /> <br />The Bonds maturing prior to March 1, 2017 are not subject to redemption prior to <br /> <br />maturity. The Bonds maturing on March 1,2017 and thereafter may be redeemed, at the option <br /> <br />of said County, from any moneys that may be made available for such purpose, either in whole <br /> <br />or in part on any date not earlier than March 1, 2016, at a redemption price equal to 100% of the <br />9 <br /> <br />F-5 <br />
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