1985 - 09-03-85 Regular Meeting - Laserfiche WebLink

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30CK 1': rAr . 84C, COUNTY OF LEE NORTH CAROLINA NOTICE OF SPECIAL BOND ELECTION NOTICE IS HEREBY GIVEN that a special bond elec- tion will be held in the County of Lee, North Carolina, on November 5, 1985, for the purpose of submitting to the qualified voters of said County the questions whether they shall approve or disapprove (1) the indebtedness to be incurred by the issuance of bonds of said County of the maximum principal amount of $10,000,000, which indebtedness shall be secured by a pledge of the County's faith and credit, and (2) the levy of a tax for the payment of such bonds, and (3) the bond order entitled, "BOND ORDER AU- THORIZING THE ISSUANCE OF $10,000,000 SCHOOL BONDS OF THE COUNTY OF LEE", adopted by the Board of Commissioners of said County on September 3, 1985, to authorize the issuance of said bonds and the levy of such tax. The $10,000,000 School Bonds are authorized to pay capital costs of providing additional school facilities in the Lee County School Administrative Unit, including the construction of new elementary schools, the construction of additions to elementary school buildings, the acquisition of necessary land or rights-in-land and the acquisition and installation of furnishings and equipment necessry for such L)