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~~,p-a.oos-©8~ <br />~f,~y~v ~d ~ -~-~hh <br />38 <br />Lake Orange Capital Maintenance <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 Statutes of North Carolina, the following <br />capital project is hereby adopted. - <br />Section 1. The project authorized provides funds for capital maintenance and upkeep <br />at Lake Orange. Funding in fiscal year 2009-10 will allow for repairs to the <br />spillway and installation of the automated controls. Proceeds from the <br />County's share of one-half cent sales tax and a contribution from the Town <br />of Hillsborough finance the project. <br />Section 2. The offrcers of the County are hereby directed to proceed with the project <br />within the budget contained herein. <br />Section 3. The following revenue is anticipated to complete this project: <br />• ~ Through FY <br />2008-09 <br />FY 2009-90 Through FY <br />2009-90 <br />Sales Tax $0 $140,000 $940,000 <br />2001 Bonds $0 $0 $0 <br />2004 Two-Thirds Net Debt $0 $0 $0 <br />Fees $0 $0. $0 <br />Contribution from Town of <br />Hillsborough <br />$0 <br />$25,000 <br />$25,000 <br />Total Funding $0 $965,000 $165,000 <br />Section 4. The following amount is appropriated for this project: <br /> Through FY <br />200&09 <br />FY 2009-10 Through FY <br />2009-90 <br />Land/Buiidin $0 $0 $0 <br />Pfanning/Architect/Engineering $0 $0 $0 <br />Other $0 $0 $0 <br />Construction $0 $165,000 $165,D00 <br />Total Costs $0 $965,000 $165,000 <br />Section 5. This ordinance, originally adopted on June 2, 2009, shall be in effect until <br />June 30, 2010. <br />Adopted this 2nd day of June 2009. <br />