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ORD-2009-118 - Durham Technical Community College Capital Project Ordinance -
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ORD-2009-118 - Durham Technical Community College Capital Project Ordinance -
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Last modified
5/10/2011 3:12:19 PM
Creation date
9/17/2009 3:02:39 PM
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Template:
BOCC
Date
6/16/2009
Meeting Type
Regular Meeting
Document Type
Ordinance
Agenda Item
6-2-e
Document Relationships
Agenda - 06-16-2009 - 6-2-e
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\Board of County Commissioners\BOCC Agendas\2000's\2009\Agenda - 06-16-2009
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DRA-~vei - /~~ <br />~~pa;,~fPd ~~ a~° <br />14 <br />Attachment 2g <br />Durham Technical Community College <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 <br />ordinance is hereby adopted. <br />Section 1. The project authorized provides funds for the construction of the Durham Technical <br />Community College satellite campus in Orange County. This amendment provides <br />additional funds from interest earnings of the County Capital Project Fund for <br />expenditures for a parking lot in place grant funds which were not available. <br />Section 2. The officers of the County are hereby directed to proceed with the project within the <br />total budget contained herein. <br />Section 3. The following revenue is anticipated to complete this project. <br /> FY 2007108 Amendment FY2008/09 <br />Alternative Financin 54,588,000 54 588 000 <br />Interest Eamin s 20,020 20,020 <br />Total 54,588,000 20 020 54,608,020 <br />Section 4. The following amount is appropriated for this project. <br /> FY 2007/08 Amendment FY2008/09 <br />Construction 53,333,988 53,333,988 <br />Land Sz Associated Fees 1,254,012 1,254,012 <br /> 20 020 20,020 <br />Total 54,588,000 520,020 54,608 020 <br />Section 5. This ordinance supersedes any previous Capital Project Ordinances, for this project. <br />Section 6. The project now being complete the Board of County Commissioners declares the <br />project closed effective July 1, 2009. <br />Adopted this 16"' day of June 2009. <br />
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