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4070
MOTION from Commissioner B. W. Campbell to file with
the Clerk to the Board the indebtedness of the County.
VOTING: Ayes - 5; Noes - 0.
BOND ORDER: County Attorney read the following bond
order and asked that a county commissioner introduce the order
when he finished reading it.
ORDER AUTHORIZING $22,750,000 HOSPITAL FACILITIES
BONDS
BE IT ORDERED by the Board of Commissioners for the
County of Iredell:
1. That, pursuant to The Local Government Bond Act,
as amended, the County of Iredell, North Carolina, is hereby
authorized to issue Hospital Facilities Bonds in an aggregate
principal amount not exceeding $22,750,000 for the purpose of
providing, funds, with any other available funds, for con-
structing and equipping additions to and renovations of
Iredell Memorial Hospital and Lowrance Hospital and equipping
any necessary land therefor.
2. That taxes shall be levied in an amount sufficient
to pay the principal of and the interest on said bonds.
3. That a sworn statement of the debt of the County has
been filed with the Clerk and is open to public inspection,
4. That this order shall take effect when approved
by the voters of the County at a referendum as provided in
said Act.