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o~~-ao~ -(~~ so <br />Hillsborough Elementary Renovations ~~~`~ ~~~ ~ <br />Orange County Schools 1' ~ <br />Capital Project Ordinance <br />Be it ordained by the Orange County Board. of County Commissioners that pursuant to Section 13.2. of <br />Chapter 159 of the General Statutes of North Carolina, the following capital project is hereby adopted. <br />Section 1. The project authorized provides funds for the roof replacement and other renovations at <br />Hillsborough Elementary. Proceeds from Public School Building funds, Impact fees, <br />transfers from other projects, and the Schools' portion of the one-half cent sates taxes (pay- <br />as-you-go) finance this project. <br />Section 2. The officers of the County are hereby directed to proceed with the project within the budget <br />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 />Revsied <br />Sales Tax $445,000 ($150,000) $295,000 <br />Impact Fees $623,750 ($623,750) $0 <br />PSBF $337,500 ($337,500) $0 <br />Transfer from Other Projects $50,000 ($50,000) $0 <br />1997 Bond Funds $0 $0 $0 <br />2001 Bond Funds $0 $0 $0 <br />Total Fending $1,456,250 ($1,161,250} $295,000 <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 />Renovations ~ $1 456,250 $1 161,250 $295 000 <br />E ui ment/Furnishin s $0 $0 $0 <br />Other $0 $0 $0 <br />Contin en $0 $0 $0 <br />Total Costs $1,456,250 $2,161,250 $295,000 <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 />