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<br />Attachment 2
<br />Pathways Elementary
<br />Orange County Schools
<br />Capital Project Ordinance
<br />Be it ordained by the Orange County Board of County Commissioners that pursuant to
<br />Section 13.2 of Chapter 159 of the General Statues of North Carolina, the following capital
<br />project ordinance is hereby adopted.
<br />Section 1.
<br />Section 2.
<br />Section 3.
<br />Section 4.
<br />Section 5
<br />Section 6
<br />The project authorized provides funds for the Construction of Pathways
<br />Elementary School.
<br />The officers of the County are hereby directed to proceed with the budget
<br />contained herein.
<br />The following revenue is anticipated to complete this project:
<br /> Through
<br />FY 2007-08 FY 2008-09 Through
<br />FY 2008-09
<br />State Bonds $5,980,160 ($37,409) $5,942,751
<br />1997 Bonds 5,684,487 115,513 5,800,000
<br />Im act Fees 1,053,543 1,053,543
<br />A ro riated Fund Balance 254,530 (254,530) 0
<br />Transfer From Gen Fund 7,700 7,700
<br />From School Ca ital Res Fd 0 210,087 210,087
<br />Total Fundin $12,980,420 $33,661 $13,.014,081
<br />The following amount is appropriated for this project:
<br /> Through
<br />FY 2007-08 FY 2008-09 Through
<br />FY 2008-09
<br />Land $99,450 $99,450
<br />Professional Services 325,000 325,000
<br />Water ~ Sewer 1,468,000 1,468,000
<br />Construction 7,792,825 $33,661 7,826,486
<br />Access Lane 202,191 202,191
<br />E ui ment 500,000 500,000
<br />Startu Costs 235,000 235,000
<br />Contin enc 1,341,726 1,341,726
<br />Other 121,228 121,228
<br />Total Fundin $12,980,420 $33,661 $13,014,081
<br />This ordinance supersedes previous Project Ordinances for this project.
<br />This ordinance shall remain in effect until closed by action of the Board of County
<br />Commissioners.
<br />Adopted this 19th day of May 2009.
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