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~ - D! • .~-a-oS~ <br />Blackwood Farm Structure Stabilization <br />Capital Project Ordinance <br />~i~' "~ <br />FI tt a c k rh, a ~ <br />~~ <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 fu ds to stabilize and preserve the structures <br />located at the Blackwood Farm. roceeds from the 2004 Two-Thirds Net Debt <br />Bonds and the County's share of ay-as-you-go capital funds finance 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 /> <br />2007 FY <br />FY2008-09 Through FY <br />2008-09 <br />Sales Tax and Dectcated <br />Property Tax <br />,885 <br />$100,000 <br />$194,885 <br />Bond Funds $0 $0 $0 <br />2004 Two Thirds Net Debt 5,000 ~ $0 $75,000 <br />Q'ant Funds $0 $0 $0 <br />Fees $0 $0 $0 <br />Other $0 $0 $0 <br />Total Funding $ 69,885 $100,000 $2,885 <br />Section 4. The following amount is appropria ed for this project: <br /> <br />2007 FY <br />FY 2008.09 Through FY <br />2008-09 <br />La~-~dlBuildi $0 $0 $0 <br />Design $0 $0 $0 <br />Constn,~ion $1 ,885 $100,000 $26.9,885 <br />Fi1/AC $0 $0 $0 <br />Total Costs $1 ,885 $100,000 $26'9,885 <br />Section 5. This ordinance supersedes I <br />Capital Project Ordinances for <br />~s Blackwood Farm Structure Stabilization <br />e County Government. <br />Section 6. This ordinance shall remain in <br />until June 30, 2009. <br />Adopted this 1st day of May 2008. <br />