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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 allow the County to space at the <br />Link Center and accommodate departmental relocations. Proceeds from <br />the County's share of one-half cent sales tax finance the project. <br />Section 2. The officers of the County are hereby directed to proceed with the project <br />within the budget contained herein. <br />Section 3. The following revenue is anticipated to complete this project: <br /> Through FY <br />2007-08 <br />FY 2008-09 Through FY <br />2008-09 <br />Sales Tax $100,000 $1,000,000 $1,100,000 <br />2001 Bonds $0 $0 $0 <br />2004 TwaThirds Net Debt ~ $0 $0 $0 <br />Fees $0 $0 $0 <br />Other $0 $0 $0 <br />Total Funding $100,000 $1,000,000 $1,100,000 <br />Section 4. The following amount is appropriated for this project: <br /> Through FY <br />2007-08 <br />FY 2008-09 Through FY <br />2008-09 <br />Land/Building $0 $0 $0 <br />Planning/Architect/Engineering $0 $0 $0 <br />Construction $100,000 $1,000,000 $1,100,000 <br />Total Costs $100,000 $1,000,000 $1,100,000 <br />Section 5. This ordinance shall be in effect until June 30, 2009. <br />Adopted this 1st day of May 2008. <br />