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said Board, and the corporate seal of the Cons'by to ba affized <br /> <br /> hereto, all as of the 17th day of June, 1971. <br /> <br /> Board of Commissioners <br /> <br /> Board of Co~missioners <br /> <br /> The issuance of' this note l~.hereby approve~. <br /> <br /> (To be endorsed upon reverse of notes) <br /> <br /> Local Government - <br /> Con~ission Serial No. <br /> <br /> The issuance of this note has been approved under the <br /> provisions of the Local Government Ach of North Carolina. <br /> <br /> H. E. BOYLES <br /> Secretary, Local Government Commission <br /> <br /> By: <br /> <br /> Section 4. Said $220,000 School Building.Bond AnticiL <br />· pation Notes and all other indebtedness heretofore contracted in <br /> the current fiscal year do not exceed two-thirds of the amount <br /> by which the outstanding indebtedness of the County of Cabarrus <br /> was reduced in the preceding fiscal year. <br /> Section 5. The action of the County Accountant in ap- <br /> plying to the Local Government Commission to approve, advertise <br /> and sell said notes, and the action of the Local Government Com- <br /> mission in askin~ for bids for said notes by ~ublishinq a sale <br /> <br /> fied. <br /> <br /> <br />