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ORD-2009-138 - Robert and Pearl Seymour Center Capital Project Ordinance
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ORD-2009-138 - Robert and Pearl Seymour Center Capital Project Ordinance
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Last modified
5/11/2011 12:39:08 PM
Creation date
9/23/2009 2:27:18 PM
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BOCC
Date
8/18/2009
Meeting Type
Regular Meeting
Document Type
Ordinance
Agenda Item
4r
Document Relationships
Agenda - 08-18-2009 - 4r
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\Board of County Commissioners\BOCC Agendas\2000's\2009\Agenda - 08-18-2009
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DfzU -aooq -131v ~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. <br />Section 3. <br />Section 4. <br />The officers of the County are hereby directed to proceed with the project <br />within the budget contained herein. <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 />Section 5. 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 />
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