Orange County NC Website
<br />O~D~aooq - 17a 2s <br />Orange High School Renovations ~ e <br />Orange County 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 to renovate Orange High School. <br />Renovations funded include improvements to the auditorium, science <br />laboratories, tennis courts and athletic fields, flooring replacement in the main <br />gymnasium, construction of an athletic field house, roof replacement, and <br />replacement of field lighting. Proceeds from a private placement loan, 1997 <br />Bond proceeds, transfers from completed projects, and the Schools' share of <br />pay-as-you-go capital funds, finance the 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 1,459,095 1,040,860) ~ $418,235 <br />Bonds (1997 1,150,b00 (1,150,000) $0 <br />Im act Fees 0 0 $0 <br />Private Placement 950,000 950,000 $0 <br />Transfers from <br />Completed Projects <br />64,705 <br />64,705) <br />$0 <br />Total Funding 3,623,800 (3,205,565 418,235 <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 />Land/Building $0 $0 $0 <br />Desi n $0 $0 $0 <br />Construction $3,456,743 $3,038,508 $418,235 <br />Transfer to Other <br />Projects <br />$167,057 <br />$167,057 <br />$0 <br />Total Costs $3,623,800 ($3,205,565 $418,235 <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 />