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!~R ~t7 -~.o a 9- d '7.S <br />32 <br />Blackwood Farm @ New Hope <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 stabilize and preserve structures <br />located at the Blackwood Farm. Proceeds from the 2004 Two-Thirds Net Debt <br />Bonds and the County's share of pay-as-you-go capital funds finance this project. <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 />Zt109-10 <br />Sales Tax and Dedicated <br />PropertyTax <br />$150,000 <br />$215,000 <br />.$:365,000 <br />Bald Fi.mds ~ $0 $0 $0 <br />2004 Tvw Third Net Debt $75,000 $0 $75,OOD <br />Quit Funds ~ ~ ~ <br />Fees ~ ~ ~ <br />Othet' ~ $0 $0 $0 <br />Total Funding $225,000 $215,000 $940,000 <br />Section 4. The following amount is appropriated for this project: <br /> Through FY <br />2008-Og <br />FY 3A09-10 Through FY <br />2009-10 <br />land~Bulc6ng $0 ~ ~ <br />Design ~ ~ ~ <br />Coristrt~lion $225, $215,000 $440,000 <br />M/AC $0 $0 <br />Total Costs $225,000 $215,000 $440,000 <br />Section 5. This ordinance supersedes previous Blackwood Farm Structure Stabilization <br />Capital Project Ordinances for Orange County Government. <br />Section 6. This ordinance shall remain in effect until June 30, 2010. <br />Adopted this 2nd day of June 2009. <br />