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ORD - ac~o4 - ~ 35 <br />Attachment 5 <br />County Telephone System Replacement <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 provides funds to replace the County's telephone system and <br />provide for network upgrades. Proceeds from debt financing will 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 />2008-09 <br />FY 2009-10 Through FY <br />2009-10 <br />Sales Tax $0 $0 $0 <br />2001 Bonds $0 ~ ~ <br />2004 Two-Thirds Net Debt $0 $0 $0 <br />Fees ~ $0 $0 $0 <br />Debt Financing $0 $575,000 $575,000 <br />Total Funding $0 $575,000 $575,000 <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 />Land/Buildin $0 $0 $0 <br />Planning/Architecf/Engineering $0 $0 $0 <br />Other $0 $575,000 $575,000 <br />Construction $0 $0 $0 <br />Total Costs $0 $575,000 $575,000 <br />Section 5. This ordinance, originally adopted on August 18, 2009, shall be in effect <br />until June 30, 2010. <br />Adopted this 18th day of August 2009. <br />