Laserfiche WebLink
February 18, 2013 (Regular Meeting) <br />local improvements for which gross debt (that <br />is not otherwise deducted) was or is to be <br />incurred, to the extend it will be applied, <br />when collected, to the payment of such gross <br />debt ..................................................................................... ............................... <br />7. Estimate of special assessments to be levied <br />for local improvements for which any part of <br />gross debt (that is not otherwise deducted) <br />was or is to be incurred, to the extent that <br />the special assessments'' when collected, will <br />be applied to the payment of any part of <br />gross ....................................................................... ............................... <br />Total Deductions (Sum of 1 through 7) <br />C. Net Debt being the difference between Total Gross <br />Debt (A) and Total Deductions ( B) .............. ............................... <br />Page 1432 <br />$95,580,000 <br />$371,998,893.17 <br />D. Assessed Value of property subject to taxation $18,545,659,802 <br />being the value from which the assessed value was <br />last fixed for taxation as revealed by the County <br />tax records and certified' by the County Tax <br />Supervisor ................................................................................... ............................... <br />E. Percentage that Net Debt bears to the assessed 2.4 <br />value of property subject to taxation (C= D) ................ <br />I certify the above is correct to Finance Officer's Signature Date <br />the best of my knowledge /s/ Ann M. Wilson 1/22/2013 <br />Attachment C- <br />A. 1. Outstanding Debt evidenced by Bonds <br />Refunding Bonds 2004 3/!15/2004 Schools <br />18,795,000.00 <br />School Bonds 2005 <br />3/!l/2005 <br />Schools <br />38,400,000.00 <br />School Bonds 2006 <br />8/31/2006 <br />Schools <br />38,819,791.65 <br />Community College <br />2006 8/31/2006 <br />Community College <br />2,680,208.35 <br />Total GO Bonds <br />98,695,000.00 <br />A. 4. Outstanding Debt Not Evidenced <br />by Bonds <br />COPS, LOBS and Capital <br />Leases', <br />COPS -II <br />8/28/2002' <br />School Admin and Gyms <br />325,850.00 <br />COPS -II <br />8/28/2002' <br />Arena (Public building) <br />1,004,250.00 <br />COPS -III <br />8/1/2003' <br />Schools <br />2,040,150.00 <br />COP- Sheriff Admin <br />2/1/2007 <br />Sheriff Administration Dept <br />25,195,000.00 <br />COP 2008A <br />1/31/2008' <br />Schools <br />37,530,000.00 <br />COP -2008B <br />1/31/2008' <br />Refunding IPRB <br />10,475,000.00 <br />COP -2008C <br />11/1/2008', <br />Jail Housing Unit <br />52,610,000.00 <br />Wallace Park <br />12/18/2008', <br />Park Land Property cap lease <br />3,036,726.14 <br />Property <br />COP -2009 <br />7/1/2009 <br />Schools <br />75,700,000.00 <br />911 Equipment <br />7/1/2011' <br />911 Equipment -cap lease <br />447,167.03 <br />lease <br />COPS -2010A <br />9/22/2010 <br />School 2010A refunding <br />16,820,000.00 <br />COPS 2011A <br />4/14/2011 <br />Schools <br />14,635,000.00 <br />LOBS 2011B <br />8/31/2011 <br />Schools <br />2,875,075.00 <br />LOBS 2011B <br />8/31/2011 <br />Public Buildings <br />8,859,925.00 <br />LOBS 2011C <br />8/31/2011 <br />Schools <br />21,750,000.00 <br />Total COPS, LOBS and <br />Capital Leases <br />273,303,893.17 <br />Ann M. Wilson, being <br />duly sworn, <br />says that she is the Finance <br />Director of the <br />County of Cabarrus in <br />the State <br />of North Carolina; and that <br />the foregoing <br />statement is true and <br />was made and subscribed by her. <br />/s/ Ann M. Wilson <br />Finance Officer <br />Cabarrus County, North Carolina <br />Certificate as to Assessed Value of Property <br />The undersigned, Brent Weisner,' the Tax Assessor for Cabarrus County, North <br />Carolina, hereby certifies that the assessed value of property subject to <br />taxation by the County of Cabarrus, North Carolina, is $18,545,659,802, this <br />