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the interest on the $95,000 bonds herein authorized when due <br /> <br />shall be annually levied and collected. <br /> <br /> 3. That the holders of the $95,000 bonds herein author- <br /> <br />ized shall be subrogated to all the rights and powers of the holde~:s <br /> <br />of the indebtedness refunded thereby. <br /> <br /> 4. That a statement of the County debt has been filed <br /> <br />with the clerk and is open to public inspection. <br /> <br /> 5. That this'order shall take effect upon its passage <br /> <br />and shall not be submitted to the voters. <br /> <br /> The Board thereupon designated the County Accountant as <br /> <br />the officer to make and file with the Clerk the statement of debt <br />and assessed valuation of the County as required by The County Fi- <br />nance Act, as amended, to be filed before the final passage of the <br />orders which were introduced at this meeting. <br /> <br /> Thereupon the County Accountant filed with the Clerk, in <br /> <br />the presence of the Board, the statement of debt and assessed valu. <br /> <br />ation as so required. <br /> <br /> The order authorizing $6,000,000 School BuildinE Bonds <br /> <br />was thereupon passed on first reading. <br /> <br /> The order authorizing $95,000 Refundin~ School Bonds was <br />thereupon passed on first reading. <br /> <br /> On motion duly made and unanimously carried the Board <br /> <br />fixed 10 o'clock A.M., June 22, 1964, as the hour and date for the <br />public hearing upon the foregoing orders, and directed the Clerk t¢ <br />publish each of said orders, together with the appended no~e as <br />required by The County Finance Act, as amended, in The Concord <br />Tribune, Inc.,not later than the tenth day before said date. <br /> <br /> <br />