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COUNTY OF CABARRUS, NORTH CAROLINA <br /> <br />SWORN STATEMENT OF DEBT MADE PURSUANT TO THE LOCAL <br /> GOVERNMENT BOND ACT, AS AMENDED <br /> <br /> I, Para S. Dubois, Finance Officer for the County of Cabarrus, North Carolina (the <br />"County"), having been designated by the Board of Commissioners for said County to make and <br />file with the Clerk to the Board of said County a statement of the debt of said County pursuant to <br />The Local Government Bond Act, as amended, DO HEREBY CERTIFY that the following is a <br />tree statement as shown by the books in my office, not taking into consideration any debt <br />incurred or to be incurred in anticipation of the collection of taxes or other revenues or in <br />anticipation of the sale of bonds other than funding and refunding bonds: <br /> <br />(a) GROSS DEBT <br /> <br />a(1) <br /> <br />a(2) <br /> <br />Outstanding debt evidenced by bonds: <br /> <br /> School Bonds, Series 1997 <br /> <br /> Refunding Bonds, Series 2003 <br /> <br /> (of which $4,782,108 refunded Water Bonds) <br /> <br /> Refunding Bonds, Series 2004 <br /> <br /> Total <br /> <br />Bonds authorized by orders introduced on August 16, 2004, <br />but not yet adopted: <br /> <br /> School Bonds <br /> <br /> Community College Bonds <br /> <br /> $ 5,100,000 <br /> 14,540,000 <br /> <br /> 32,855,000 <br />$52,495,000 <br /> <br />$94,900,000 <br /> <br /> 3,100,000 <br />$98,000,000 <br /> <br />a(3) <br /> <br />a(4) <br /> <br />(a) <br /> <br />Unissued bonds authorized by adopted orders: <br /> <br /> Refunding Bonds <br /> <br />Outstanding debt, not evidenced by bonds: <br /> <br />GROSS DEBT, being the sum of a(1), a(2), a(3), and a(4): <br /> <br />$19,265,000 <br /> <br />$124,151,711 <br />$293,911,711 <br /> <br />4 <br /> <br /> <br />