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BOOK S PACE 1 ( 9 <br />maximum aggregate principal amount of said bonds authorized by this <br />bond order shall be SIX HUNDRED THOUSAND DOLLARS ($600, 000). <br />Section 3. A tax sufficient to pay the principal <br />of and interest on said bonds when due shall be annually levied and collected. <br />Section 4. A statement of the County debt of the <br />County of Lee has been filed with the Clerk of the Board of Commissioners of <br />said County and is open to public inspection. <br />Section 5. This bond order shall take effect <br />when approved by the voters of the County at an election as provided in the <br />aforementioned Act. <br />be adopted: <br />Commissioner Cooper moved that the following resolution <br />WHEREAS, a bond order entitled "Bond Order <br />authorizing the issuance of $600, 000 Technical Institute Bonds <br />Of Lee County", has been introduced at the meeting of the <br />Board of Commissioners held on January 15, 1973, and the <br />Board of Commissioners desires to provide for the holding <br />of a public hearing thereon as required by The County <br />Finance Act; <br />NOW, THEREFORE, <br />BE IT RESOLVED, by the Board of <br />Commissioners of the County of Lee, as follows: <br />(1) The public hearing upon said bond order <br />shall be held on the 5th day of February, 1973, at 10 o'clock <br />a. m. , at the regularmeeting room of the Board of Commiss- <br />ioners at the County Office Building, in Sanford, North <br />Carolina. <br />(2) The Clerk of the Board of Commissioners <br />is hereby directed to cause a copy of such bond order to be <br />published with a notice of such hearing in the form prescribed <br />by law, in The Sanford Daily Herald, a newspaper published <br />in Sanford, in the County of Lee, North Carolina, at least ten <br />days prior to such public hearing. <br />(3) The County Accountant is hereby requested <br />to file with the Clerk of the Board of Commissioners, at <br />least ten days prior to such public hearing, a statement of <br />the debt incurred or to be incurred by the County for other than <br />school purposes, in the form prescribed byThe County Finance <br />Act. <br />The motion having been seconded by Commissioner Hancock, it <br />was unanimously adopted. <br />adopted: <br />Commissioner Cooper moved that the following resolution be <br />WHEREAS, the County of Lee has applied to the <br />Local Government Commission for approval of the issuance of <br />the $600, 000 Technical Institute Bonds, authorized by the bond <br />order introduced at a meeting of the Board of Commissioners <br />held on January 15, 1973; NOW, THEREFORE, <br />h <br />