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o iQ,O -~~~ ~ ~ o ~ ~ <br />q~Pyd~~~ ~'~~S°5 <br />~~J <br />-5 <br />Value-Added Processing Center <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 to transform the former Orange <br />Enterprises Facility located on Valley Forge Road in Hillsborough into a <br />Value-Added Processing Center. Grant funds from the North Carolina <br />Agriculture Development and Farmland Preservation Trust Fund finance <br />the project. <br />Section 2. The officers 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 />2007-08 <br />FY 2008-09 Through FY <br />2008-09 <br />Sales Tax $0 $0 $0 <br />2001 Bonds .$0 $0 $0 <br />2004 Two-Thirds Net Debt $0 $0 $0 <br />Fees $0 $0 $0 <br />Grant Funds $0 $132,000 $132,000 <br />Total Funding $0 $432,000 $132,000 <br />Section 4. The following amount is appropriated for this project: <br /> Through FY <br />2007-08 <br />FY 2008-09 Through FY <br />2008-09 <br />Land/Buildin $0 $0 $0 <br />Planning/Architecf/Engineering $0 $0 $0 <br />Construction $0 $132,000 $132,000 <br />Total Costs $0 $132,000 $132,000 <br />Section 5. This ordinance, adopted on June 16, 2009, shall be in effect until June 30, <br />2010. <br />Adopted this 16th day of June 2009. <br />