|
15
<br />Lands Legacy
<br />Capital Project Ordinance
<br />Be it ordained by the Orange County Board of County Commissioners that pursuant to Section
<br />13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project
<br />ordinance is hereby adopted amending previous ordinances for this project.
<br />Section 1. The project authorized provides funds for the Lands Legacy program which
<br />preserves natural areas and provides future parklands through the acquisition of
<br />land and conservation easements.
<br />Section 2. The officers of the County are hereby directed to proceed with the project within the
<br />total budget contained herein.
<br />Section 3. The following revenue is anticipated to complete this project.
<br /> FY 2007/08 Amendment FY2008/09
<br />2001 Bonds $1,750,000 $1,635,364 $3,385,364
<br />Alternative Financin 2,800,000 2,800,000
<br />2/3 Net Debt Bonds 300,000 300,000
<br />From Solid Waste/LF Fund 50,000 50,000
<br />Transfer From Gen Fund 1,445,452 1,445,452
<br />From School Park Reserve 65,000 65,000
<br />From Other Projects 1,750,000 1,750,000 0
<br />Total $5,360,452 $2,685,364 $8,045,816
<br />Section 4. The following amount is appropriated for this project.
<br /> FY 2007/08 Amendment FY2008/09
<br />Land 8~ Associated Fees 793,141 $2,825,300 $3,618,441
<br />Millhouse Rd Pro a 2,500 300 2,200
<br />Eno River Association Tracts 305,000 305,000
<br />Blackwood Pro a 1,268,116 1,268,116
<br />Blackwood House Stabilization 35,000 35,000
<br />New Hope Creek Property 2,121 2,121
<br />Lewis' Heartleaf Preserve 1,145 1,145
<br />Kirby Property 1,458,013 1,458,013
<br />Transfer To Other Projects 475,677 475,677
<br />Other 2,289,000 1,408,897 880,103
<br />Total $5,360,452 $2,685,364 $8,045,816
<br />Section 5. This ordinance supersedes any previous Capital Project Ordinances for this project.
<br />Section 6. This ordinance shall remain in effect the Board of County Commissioners takes
<br />action to amend the ordinance or close the project ordinance upon completion of
<br />the project.
<br />Adopted this 19th day of May 2009.
<br />
|