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48 <br />Register of Deeds Automation Enhancement and Preservation Fund <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 is <br />hereby adopted. <br />Section 1. The project authorized provides funds to automate deeds and vital records <br />systems in the Register of Deeds Office. As mandated by North Carolina <br />General Statute 161-11.3, ten percent of all General Statute 161 related fees <br />collected by the Register of Deeds finance this project, as well as alternative <br />financing proceeds. <br />Section 2. The officers of the County are hereby directed to proceed with the project within <br />the budget contained herein. <br />Section 3. The following revenue is anticipated to complete this project: <br /> Through FY <br />2008-09 <br />FY 2009-10 Through FY <br />2009-10 <br />Sales Tax $28,318 $0 $28,318 <br />Bond Funds $0 $0 $0 <br />2004 Two-Thirds Net Debt $0 $0 $0 <br />Financing Proceeds $174,276 $0 $174,276 <br />Fees $698,370 $90,000 $788,370 <br />Total Funding $900,964 $90,000 $990,964 <br />Section 4. The following amount is appropriated for this project: <br /> Through FY <br />2008-09 <br />FY 2009-10 Through FY <br />2009-10 <br />Land/Building $0 $0 $0 <br />Design $0 $0 $0 <br />Construction $0 $0 $0 <br />Other $900,964 $90,000 $990,964 <br />Total Costs $900,964 $90,000 $990,964 <br />Section 5. This ordinance supersedes all previous Register of Deeds Automation <br />Enhancement and Preservation Fund Capital Project Ordinances for Orange <br />County. <br />Section 6. This ordinance, originally adopted December 3, 2001 shall remain in effect from <br />January 1, 2002 until June 30, 2010. <br />Adopted this 2nd day of June 2009. <br />