Agenda - 11-05-2009 - 6b - Laserfiche WebLink

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o Rp - ~ooq- ~ 5 I 5 Athletic Facilities Improvements Chapel Hill-Carrboro City Schools Capital Project Ordinance Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project is hereby adopted. Section 1. The project authorized provides funds to replace equipment and improve athletic facilities at various schools throughout the District. Proceeds from the Schools' portion of the one-half cent sales taxes, transfers from completed projects and School Capital Reserve, and alternative financing fund this project. Section 2. The officers of the County are hereby directed to proceed with the project within the budget contained herein. Section 3. The following revenue is anticipated to complete this project: FY 2009-10 Current FY 2009-10 Amendment FY 2009-10 Revised Sales Tax $1,237,387 $1,237,387 $0 Im act Fees $0 $0 $0 Transfer from School Ca ital Reserve $50,000 $50,000 $0 Alternative Financin $1,065,000 $1,065,000 $0 1992 Bond Funds $0 $0 $0 1997 Bond Funds $0 $0 $0 Transfer from Scroggs Elements Ca ital Pro'ect $70,000 ($70,000 $0 Total Pro'ect Fundin $2,422,387 $2,422,387 $0 Section 4. The following amount is appropriated for this project: FY 2009-10 Current FY 2009-10 Amendment FY 2009-10 Revised Plannin /Arch/En in $45,000 $45,000 $0 Land/Assoc Fees $0 $0 $0 Construction $1,993,387 $1,993,387 $0 E ui ment/Furnishin s $0 $0 $0 Athletic Facilities $384,000 $384,000 $0 Contin enc $0 $0 $0 Total $2,422,387 $2,422,387 $0 Section 5. This ordinance supersedes all previous Athletic Facilities and Playgrounds Capital Project Ordinances for the Chapel Hill-Carrboro City Schools. Section 6. This project now being complete, the Board of County Commissioners declares the project closed effective November 5, 2009. Adopted this 5th day of November 2009.