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274 <br /> <br /> of Cabarrus as required by Section 3 of Article IX of the Constitution; now, therefore, <br /> <br /> BE IT ORDERED AND RESOLVED by the Board of Commissioners for the County of Cabarrus: <br /> <br /> 1. That, pursuant to The County Finance Act, as amended, and in order to maintain the six <br /> <br /> months' school term in said County of Cabarrus as required byb Section 3 of Article IX of the <br /> Constitn~ion, the County of Cabarrus, NOrth Carolins, is. hereby authorized to contract a debt, in <br /> addition ~o any and all other debt which s~d County may now or hereafter have power or authority <br /> to contract, and in evidence thereof to issue School Building Bonds in an aggregate principal <br /> amount not exceeding $2,630,000 for the purpose of providing funds, with any other funds available <br /> for such purpose, for infecting an additional school building and additional school plant <br /> facili~ies~ remodeling and enlarging existing school buildings and. acquiring neeessa-ry lamd ar~ <br /> equipment therefor in o~rder to provide additional elementary and secondary school ~facilities in <br /> the County of Cabarrus. <br /> <br /> 2. That a tax sufficient to pay theprincipal of and the interest on said bonds when due shal <br /> <br /> be annually levied and collected. <br /> <br /> 3. That a statement of the County debt has been filed with the Clerk and is open to public <br /> <br /> inspection. <br /> <br /> ... 2. That this order shall take effect ~when approved by the voters of the County at an <br /> <br /> election as provided in said Act. <br /> <br /> The Board thereupon designated the County Accountant as the officer to make and file with the <br /> <br /> Clerk the statement of debt and assessed valuation of the County as required byh The County Finance <br /> Act, ag amended, to be filed before the final passage of t~ order which was introduced at this <br /> meeting. <br /> <br /> Ther$~upon the Co~ ~ccoun.~.~an~ filed wit.h the Clerk, in the p~esence of ~the B~ard, the <br /> <br /> statemen~ ~f deb~ and assessed valuation as so required. <br /> <br /> The order authorizing $2,630~O00 School Building Bonds was thereupon passed on first reading. <br /> On motion duly made and unanimously carried the Board fixed l0 o'clock A. M. July 18, 1955, a <br /> the hour and.date for the .public hearing upon the foregoing ~rder, and directed the Clerk to <br /> publish said order, together with the appended note as required by The County Finance Act, as <br /> amended, The Concord T~ihune not late~ than the ~teath daF before said da~e. <br /> <br /> I, JohnR.Bogez,Register of .Deeds and ex officio Clerk of the Board of Commissioners .for <br /> <br /> the Co~un.%y of ~C~barrus, No~th Carolina, DO HEREBY CERTIFY ihat the fZregoing is a t~ue cop~ ef <br /> so much of the proceedings of the Bo~d of Commissioners for the County of Cabarrus at a meeting <br /> thereof held July 5,~19%5 as relate to the authorization of bonds of said Country, and tha~ such <br /> p~oceedings have been recorded in ¥olume 13 of the minutes of said Board, beginning at page 273 and <br /> ending at Dage 274 <br /> <br /> Witness my hand and the corpo~ate seal-of said County, this 5th day of July, 1955. <br /> <br /> John R.Boger, <br /> <br /> Registerof Deeds and ex officio <br /> <br /> Clerk of the Board of Commissioners <br /> <br /> Motion by L.Bo~an Barrier, seconded by Frank McCray that the following Road petitions be <br /> passed: <br /> <br /> <br />