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2. That a tax sufficient to pay the principal and in~erest of said <br />bonds when due shall be annually levied and ool]~tede <br />~. That a statement of the County debts has been filed with the <br />Clerk and is open to public inspection. <br />4. Tha~ this or,er shall t~ke effect fr~m and after its final <br />pas sage. <br />The Boa~'d thereupon.designated the County Accountant as the officer <br />file with the Clerk the statement of debt and assessed valuation require~ <br />by the County Finance Act to the filed before the final passage of the <br />bond ordered this day l~treduoed. <br />Thereupon, t?~ County Accountant filed with the Clerk, in the presence <br />of the. Board, the statement of debt and assessed ~luation aa required <br />by Section 13 of the County Finance Act. <br />The order authorizing $60,000.00 School Building and Equipment Bonds <br />was thereupon passed on first reading. <br />And thereupon, the Board fixed 10 o'clock A. M. Eastern Daylight <br />Savings Time, 'September 15, 1941, as the date and hour for the public <br />hearing°as required by Section 16 of th~ County Finance Act, and direct- <br />ed the Clerk to publish the bond order ~hich has been introduced <br />day, together with the appended note as required by Section, 6 of said <br />act, in the Concord Daily Tribune, not later than the 10th day before <br />said date. <br />I, Chas. t/ Field, County Accounta~ of Cabarrus County., 1/or~h Caro- <br />lina, do mak~ and file the following statement of the financial oonditio~ <br />of said county, having been designated by the Board of Commissioners for <br />that purpose. Said statement includes a statement of debts incurred and <br />to be incurred for school purposes under orders either introduced or <br />passed, whe.~her evidenced by.bonds, notes or otherwise, and whether <br />incurred by original creation of the debt or by assumption of debt, <br />cluding debt incurred by the County Board of Edmation, and including <br />debt to'Ae State or any department thereof, but not including obligations <br />incurred to meet appropriations in anticipation of revenues to an amount <br />not exceeding the amount of the last preceding tax levy for school pur- <br />poses (except such thereof as are to be funded bond orders introduced or <br />passed, which obligations are included), nor including debt incurred in <br />anticipation of the sale of any kind of bonds except funding and refund- <br />ing bonds. <br />(a) The assessed valuatio~ of proper~y as last <br />fixed by Cour~y taxation $46,793.681 <br />(b) Outstanding school debt <br />[o) Bonded school debt to be incurred under orders <br />;either passed or introduoed~ School Building Bonds <br />60,O00.OQ <br />id) su m of item, (b) it) <br /> <br /> <br />