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14 <br /> Asbestos Removal <br /> Orange County Schools <br /> Capital Project Ordinance <br /> Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 <br /> of Chapter 159 of the General Statutes of North Carolina, the following capital project is hereby <br /> adopted. <br /> Section 1. The project authorized provides funds to remove asbestos from various facilities within the <br /> Orange County School system. Proceeds from the Schools' portion of the one-half cent <br /> sales taxes finance this project. <br /> Section 2. The officers of the County are hereby directed to proceed with the project within the budget <br /> contained herein. <br /> Section 3. The following revenue is anticipated to complete this project: <br /> Through FY Through FY <br /> 2006-07 FY 2007-08 2007-08 <br /> Sales Tax $487,225 $0 487,225 <br /> Impact Fees $0 $0 0 <br /> PSBF $0 $0 0 <br /> 1992 Bond Funds $0 $0 0 <br /> 1997 Bond Funds $0 $0 0 <br /> Other $0 $0 0 <br /> Total Project Funding $487,225 $0 487,225 <br /> Section 4. The following amount is appropriated for this project: <br /> Through FY Through FY <br /> 2006-07 FY 2007-08 2007-08 <br /> Planning/Arch/Engin $0 $0 $0 <br /> Land/Assoc Fees $0 $0 $0 <br /> Construction $487,225 $0 $487,225 <br /> Equipment/Furnishings $0 $0 $0 <br /> Other $0 $0 $0 <br /> Contingency $0 $0 $0 <br /> Total Appropriation $487,225 $0 $487,225 <br /> Section 5. The following amounts have been transferred to another Orange County Schools <br /> Capital Project: <br /> Through FY Through FY <br /> 2007-08 FY 2008.09 2008-09 <br /> Transfer to Orange High Track and Football <br /> Field Project(FY 2008-09) $0 $105,194 $105,194 <br /> Total Costs $0 $105,194 $105,194 <br />