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d/~A-~rsag•~1~'O <br />~}~~ro a e~ ~ `~~ <br />24 <br />New Hope Elementary Renovations <br />Orange County Schools <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 renovate present space at New Hope <br />Elementary School. Proceeds from the Schools' share of pay-as-you-go capital <br />funds finance this project. <br />Section 2.The officers of the County are hereby directed to proceed with the project within the <br />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 $145,000 $180,000 $325,000 <br />Impact Fees $0 $0 $0 <br />PSBF $0 $0 $0 <br />1997 Bond Funds $0 $0 $0 <br />Other $0 $0 $0 <br />Total Project Funding $145,000 $180,000 $325,000 <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 />Plannin /Arch/En in $0 $0 $0 <br />Land/Assoc Fees $0 $0 $0 <br />Construction $145,000 $180,000 $325,000 <br />E ui ment/Furnishin $0 $0 $0 <br />Other $0 $0 $0 <br />Contin en ~ $0 $0 $0 <br />Total A ropriation $145,000 $180,000 $325,000 <br />Section 5. This ordinance remains in effect from July 1, 1998 until June 30, 2010. <br />Adopted this 2nd day of June 2009. <br />