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488 <br /> <br />provision has been made for the levy and collection of a direct annual tax upon <br />all taxable property within said County sufficient to pay the principal of and <br />the interest on this bond as the same shall become due; and that the total <br />indebtedness of said County, including this bond, does not exceed any constitu- <br />tional or statutory limitation thereon. <br /> This bond shall not be valid or become obligatory for any purpose or be <br />entitled to any benefit or security under the Resolution until this bond shall <br />have been authenticated by the execution by the Bond Registrar of the certificate <br />of authentication endorsed hereon. <br /> IN WITNESS WHEREOF, said County of Cabarrus, by resolution duly passed by <br />its Board of Commissioners, has caused this bond [to be manually signed by] [to <br />bear the facsimile signatures of] the Chair of said Board and the Clerk to said <br />Board and [a facsimile of] its corporate seal to be [printed] [impressed] hereon, <br />all as of the 1st day of April, 1992. <br /> <br />Chair of the Board of <br />Commissioners <br /> <br />Clerk to the Board of <br />Commissioners <br /> <br /> CERTIFICATE OF LOCAL GOVERNMENT COMMISSION <br /> The issuance of the within bond has been approved under <br />of The Local Government Bond Act of North Carolina. <br /> <br />the provisions <br /> <br />Secretary, Local Government Commission <br /> <br />CERTIFICATE OF AUTHENTICATION <br /> <br /> This bond is one of the Bonds of the series designated herein and issued <br />under the provisions of the within-mentioned Resolution. <br /> Finance Director of the County of <br /> Cabarrus, North Carolina, <br /> as Bond Registrar <br /> By <br /> Authorized Signatory <br />Date of authentication: <br /> <br /> ASSIGNMENT <br /> FOR VALUE RECEIVED the undersigned registered owner thereof hereby sells, <br />assigns and transfers unto <br /> <br />the within bond and all rights thereunder and hereby irrevocably constitutes <br />and appoints <br /> <br />attorney to register the transfer of said bond on the books kept for registration <br />thereof, with full power of substitution in the premises. <br />Dated: <br /> <br />Signature Guaranteed: <br /> <br />NOTICE: The assignor's signature to this assignment must correspond with the <br />name as it appears upon the face of the within bond in every particular, without <br />alteration or enlargement or any change whatever. <br /> <br /> Certificated Bonds issuable hereunder shall be in substantially the form <br />of the Bonds registered in the name of Cede & Co. with such changes as are <br />necessary to reflect the provisions of this resolution that are applicable to <br />Certificated Bonds. <br /> Section 4. The Bonds maturing prior to April 1, 2003 will not be subject <br />to redemption prior to maturity. The Bonds maturing on April 1, 2003 and <br />thereafter will be redeemable, at the option of the Issuer, from any moneys that <br />may be made available for such purpose, either in whole or in part on any date <br />not earlier than April 1, 2002, at the principal amount of the Bonds to be <br />redeemed, together with interest accrued thereon to the date fixed for <br />redemption, plus a redemption premium of 1/2 of 1% of the principal amount of <br /> <br /> <br />