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2. That taxes shall be levied in an amount sufficient to <br /> <br />pay the principal of and the interest on said Refunding Bonds. <br /> District <br /> 3. That a sworn statement of the debt of said ~ <br /> District <br />has been filed with the ~ Clerk and is open to public <br /> <br />inspection. <br /> <br /> 4. That this order shall take effect upon its adoption. <br /> <br /> The foregoing order has been introduced and a sworn statement <br /> <br />of debt has been filed under The Local Government.Bond Act showing <br /> Water and SewerDistrict <br />the appraised value of the ~ of Cabarrus County , North <br /> <br />Carolina, to be $605,991,941.00 and the net debt thereof, including <br /> <br />the proposed bonds, to be $ 7,271,000.00 A tax will be levied to <br /> <br />pay the principal of and interest on the bonds if they are issued. <br />Anyone who wishes to be heard on the questions of the validity .of <br />the bond order and the advisability of issuing the bonds may <br /> <br />appear at a public hearing or an adjournment thereof to be held. in <br /> Cc~Lissioner's Meeting ~Dom, Pnom 123, <br />the Cabarrus County Courthouse in Concord , North <br /> <br />Carolina, on May 23, 1988 at4:00 P .M. <br /> <br /> District ~ Clerk of the Water and <br /> Se~er District ~ of Cab~Yrus County, <br /> North Carolina <br /> <br /> -2- <br /> <br /> <br />