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oR~ aoog-6~ t <br />Blackwood Farm Structure Stabilization <br />Capital Project Ordinance <br />~ - o~• .~-Qas~ <br />~rt~~~c~~ <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 funds to stabilize and preserve the structures <br />located at the Blackwood Farm. Proceeds from the 2004 Two-Thirds Net Debt <br />Bonds and the County's share of pay-as-you-go capital funds finance this project. <br />Section 2. <br />Section 3. <br />Section 4. <br />The officers of the County are hereby directed to proceed with the project within <br />the budget contained herein. <br />The following revenue is anticipated to complete this project: <br /> Through FY <br />2007.08 <br />FY 20089 Through FY <br />2U08-09 <br />Sales Tax and Dedicated <br />Properly Tax <br />$94,885 <br />$100,000 <br />$194,885 <br />Bond Funds $0 $0 $0 <br />2004 Tvw Thirds Net Debt $75,000 $0 $75,000 <br />Grant Funds $0 $0 $0 <br />Fees $0 $0 $0 <br />Other $0 $0 $~ <br />Total FuncGng $169,885 $100,000 $269,885 <br />The following amount is appropriated for this project: <br /> Through FY <br />2007-08 <br />FY 2008-0® Through FY <br />2008-09 <br />I_ar~dJBuildi $0 $0 $0 <br />Design $0 $0 $0 <br />Cron $169,885 $100,000 $26.9,885 <br />HVAC $0 $0 $0 <br />Total Costs $169,885 $100,000 $26.9,885 <br />Section 5. This ordinance supersedes previous Blackwood Farm Structure Stabilization <br />Capital Project Ordinances for Orange County Government. <br />Section 6. This ordinance shall remain in effect until June 30, 2009. <br />Adopted this 1st day of May 2008. <br />