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pRp-aorx~ -~3l~ ~3 <br />Attachment 6 <br />Link Center Renovations <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 renovate the Link Center located <br />in downtown Hillsborough. Proceeds from the County's share of one-half <br />cent sales tax and debt financing will finance 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. <br />Section 4. <br />Section 5. <br />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 $100,000 $575,000 $675,000 <br />2001 Bonds $0 $0 $0 <br />2004 Two-Thirds Net Debt $0 $0 $0 <br />Fees $0 $0 $0 <br />Debt Fnancing $0 $425,000 $425,000 <br />Total Funding $100,000 $1,000,000 $1,100,000 <br />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/Building $0 $0 $0 <br />Planning/Architect/Engineering $100,000 $0 $100,000 <br />Construction $0 $1,000,000 $1,000,000 <br />Total Costs $100,000 $1,000,000 $1,100,000 <br />This ordinance supersedes all previous Link Center Renovations Capital <br />Project Ordinances for Orange County. <br />Section 6. This ordinance shall be in effect until June 30, 2010. <br />Adopted this 18th day of August 2009. <br />