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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 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 01 0 <br /> PSBF $0 $0 0 <br /> 1992 Bond Funds $0 $0 0 <br /> 1997 Bond Funds $0 $0 0 <br /> Other 1 $01 $0 0 1 <br /> Total Project Funding l $487,2251 so, 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/En gin $0 $0 $0 <br /> Land/Assoc Fees $0 $0 $0 <br /> Construction $487,225 $0 $487,225 <br /> Equipment/Fumishings $01 $0 0 <br /> Other $01 $0 $0 <br /> Contingency $01 $0 $0 <br /> Total Appropriation $487,2251 $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 Ifigh Track and Football <br /> Field Proj ect(F-V 2008-09) $0 $86,557, $86,557, <br /> Tow Costs l $01 $86,5571 $86,557 <br />