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WHEREAS, a levy of $. 15 on said valuation will <br /> equal $2,720.70; <br /> <br /> NOW, THEREFORE, BE IT RESOLVED: <br /> <br /> t. That the.,P~rkwood .Sm~i~ry D~strict B~ <br /> does determine and does hereby find and declare: <br /> <br /> (a) That the funds available from <br /> the surplus operating revenue as prgvided <br /> by G.' S. 130-144 are insufficient for ~he <br /> payment of interest in retirement of the <br /> District's obligations and the costs and <br /> expenses which may be reasonably antici- <br /> pated in the maintenance and operation of <br /> _ the facilities of the Sanitary District. ,, ,, <br /> (b) That the assessed valuation of ., ..' <br /> the property within the limits of the <br /> Parkwood Sanitary District has been <br /> estimated at approximately $1,813,896.00. <br /> <br /> (c) That a levy of $. 15 per $100.00 <br /> valuation will produ.ce approximately $2,700.00. <br /> <br /> (d) That barring unforeseen and <br /> unantidipated expenses, the sum of $2,700.00 <br /> should be ample to-meet the obligations of the <br /> District during the fiscal year 1967-68. <br /> <br /> 2. That the Se.cretary of the Parkwood Sanitary <br /> District Board certified to the Board of County Commissioners <br /> for Cabarrus County, North Carolina, that the Parkwood <br /> Sanitary District Board has determined that a levy of $. 15 <br /> per $100.00 valuation of property within the District limits <br /> is necessary to raise the amount needed to meet the <br /> current obligations of said District and requested that said <br /> nmount be included in the next annual levy to be determined <br /> by the Board of County Commissioners and collected as <br /> other taxes under the provisionsc~ G. S. 130-141. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Board of <br /> <br />Commissioners for the County of Cabarrus: <br /> <br /> Section 1. That a levy of $. 15 per $100.00 <br /> valuation of property within the Parkwood Sanitary <br /> District limits be included in the next annual levy to <br /> be determined by the Board of County Commissioners <br /> for the fiscal year 1966-67 and that said levy be <br /> collected as other county taxes as provided by North <br /> Carolina General Statute 130-141. <br /> <br /> On motion of Commissioner H awl i el d , seconded <br /> <br />by Commissioner Whi te , the foregoing resolution <br /> <br />entitled "RESOLUTION PROVIDING FOR THE LEVY OF TAXES FOR <br /> <br />THE PARKWOOD SANITARY DISTRICT" was passed by the following vote: <br /> <br /> ' <br />AYES: Commi ss~oner Ranki n <br /> <br /> Commissioner Whi te <br /> <br /> Commi ss~oner Hawf~eld <br /> <br />NOES: <br /> <br /> <br />