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1972 - 10-02-72 Regular Meeting
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1972 - 10-02-72 Regular Meeting
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Minutes
Committee
Board of Commissioners
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BOOK 8 PnE 134 <br />(Paragraph to appear only in Sanitary Sewer <br />Bonds, Series A) <br />This bond is issued pursuant to the County Finance Act of <br />North Carolina and a bond order duly adopted by the Board <br />of Commissioners of the County on April 5, 1971, to finance <br />the construction of sewage facilities for said County and its <br />inhabitants. The issuance of the bonds and the contracting of <br />the indebtedness evidenced thereby have been approved by a <br />majority of the qualified voters of the County voting at an <br />election duly called and held in said County on June 8, 1971. <br />It is hereby certified and recited that all con- <br />ditions, acts and things required by the Constitution or statutes <br />of the State of North Carolina to exist, to have happened and to <br />have been performed, precedent to or in the issuance of this <br />bond, exist, have happened and have been performed, and that <br />the amount of this bond, together with all other indebtedness of <br />the County, is within every debt and other limit prescribed by <br />said Constitution or statutes. The faith and credit of the County <br />are hereby pledged to the punctual payment of the principal of <br />and interest on this bond in accordance with its terms. <br />IN WITNESS WHEREOF, the County has caused this <br />bond to bear the facsimile signatures of the Chairman and the <br />Clerk of the County Board of Commissioners, and a facsimile <br />of the corporate seal of the County to be imprinted hereon, and <br />the annexed coupons to bear the facsimile signature of said Clerk, <br />and this bond to be dated November 1, 1972. <br />(facsimile signature) <br />Chairman of County Board of Commissioners <br />(facsimile signature) <br />Clerk of County Board of Commissioners <br />No. <br />(Form of Coupon) <br />May, <br />On the first day of November, 19 the County <br />of Lee, a County of the State, of North Carolina, willpay,to bearer <br />DOLLARS ) <br />at the principal office of The Carolina Bank, in the City of Sanford, <br />North Carolina, or, at the option of the holder or registered owner <br />at the principal office of The Chase Manhattan Bank (National <br />Association) in the Borough of Manhattan, City and State of New <br />York, in any coin or currency of the United States of America <br />which is then legal tender for the payment of public and private <br />debts, being the semi-annual interest then due on its <br />Bond, dated November 1, 1972, No. <br />(fascimile signature) <br />Clerk of County Board of Commissioners <br />
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