Orange County NC Website
~~.p' o~~ - (' (o S 19 <br />Mobile Classrooms <br />Chapel Hill-Carrboro City Schools <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 is <br />hereby adopted. <br />Section 1. The project authorized provides funds for the purchase of mobile classrooms. <br />Proceeds from impact fees, the Schools' portion of the one-half cent sales taxes <br />(pay-as-you-go funds), transfer from School Capital Reserve Fund, and <br />. alternative financing proceeds fund this project. <br />Section 2. The officers of the County are hereby directed to proceed with the project within <br />the budget contained herein. <br />Section 3. The following revenue is anticipated to complete this project: <br /> FY 2009-10 <br />Current FY 2009-10 <br />Amendment FY 2009-10 <br />Revised <br />Sales Tax $745,800 ($610,800) $135,000 <br />Impact Fees $1,186,000 ($1,186,000) $0 <br />From School Capital Reserv $205,000 ($205,000) $0 <br />1992 Bond Funds $0 $0 $0 <br />1997 Bond Funds $0 $0 $0 <br />Alternative Financing $110,000 ($110,000) $0 <br />Total Funding $2,246,800 ($2,111,800) $135,000 <br />Section 4. The following amount is appropriated for this project: <br /> FY 2009-10 <br />Current FY 2009-10 <br />Amendment FY 2009-10 <br />Revised <br />Plannin /Arch/En in $0 $0 $0 <br />Land/Assoc Fees $0 $0 $0 <br />Mobile Units/Construction $2,246,800 $2,111,800 $135,000 <br />E ui ment/Furnishin s $0 $0 $0 <br />Other $0 $0 $0 <br />Total Costs $2,246,800 $2,111,800 $135,000 <br />Section 5. This ordinance shall remain in effect until closed by action of the Board of County <br />Commissioners. <br />Adopted this 17th day of November 2009. <br />