BC 1978 04 06 - Laserfiche WebLink

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b(7) (b) (c) (d) (e) 135 The amount, as estimated by the , of special assessments to be levied for local improvements for which any part of the gross debt (that is not otherwise deducted) was or is to be incur- red, to the extent that the special assess- ments, when collected, will be applied to the payment of any part of the gross debt DEDUCTIONS, being the sum of b(1), b(2), b(3), b(4), b(5), b(6) and b(7) (c) NET DEBT NET DEBT, being the difference between the GROSS DEBT (a) and the DEDUCTIONS (b)~ (d) APPRAISED VALUE APPRAISED VALUE of property subject to municipal taxation before the applica- tion of any assessment ratio, being the value fixed in 1977 (e) DEBT RATIO Percentage which the NET DEBT (c) bears to the APPRAISED VALUE (d) The foregoing statement is true. $ None $ None $6,911,000 $950,000,000 .007% Finance Officer of the County of Cabarrus, North Carolina UPON MOTION of Commissioner McClary and seconded by Commissioner Hammett the order entitled: "ORDER AUTHORIZING $346,000 PUBLIC BUILDING BONDS" was passed unanimously on first reading. On motion duly made by Commissioner McClary, seconded by Commissioner Cook and unanimously carried, the Board of Commissioners fixed 4 o'clock P.M., April 17, 1978, as the hour and day for the public hearing upon the foregoing order and directed the Clerk of the Board of Commissioners to publish said order, together with the appended statement as required by The Local Government Bond Act, as amended, once in The Concord Tribune not later than the sixth day before said date. UPON MOTION of Commissioner Hammett, seconded by Commissioner Cook and carried unanimously, $3,500 was appropriated from Commissioner's Miscellaneous Fund to Capital Outlay Contractural Services to pay George Griffin for preliminary drawings on on County Office Building "B". This $3,500 is to be credited