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ORD-2008-037 - Cedar Ridge High School Renovations Orange County Schools Capital Project Ordinance
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ORD-2008-037 - Cedar Ridge High School Renovations Orange County Schools Capital Project Ordinance
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Last modified
4/25/2011 9:20:13 AM
Creation date
1/29/2010 12:16:32 PM
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BOCC
Date
5/1/2008
Meeting Type
Regular Meeting
Document Type
Ordinance
Agenda Item
4h
Document Relationships
Agenda - 05-01-2008-4h
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\Board of County Commissioners\BOCC Agendas\2000's\2008\Agenda - 05-01-2008
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A~~ Ya v e d v 5 <br />m3 7 <br />/O/ y~~ I <br /> <br /> <br />Cedar Ridge High School Renovations <br />Orange County Schools <br />Capital Project Ordinance <br />Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2of <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 to construct a new high school, Cedar Ridge High <br />School, in the district, using proceeds from the Schools' portion of impact fees, 1997 voter <br />approved bond referendum, savings from Pathways Elementary Construction, Certificates <br />of Participation (GOP's) (installment purchase arrangement}, interest earned on the COPs, <br />and transfers from other OCS capital projects. Repayment of the installment purchase <br />arrangement will be paid from the District's annual portion of the one-half cent sales taxes. <br />Section 2. The officers of the Count; 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 /> Through <br /> FY 2008-09 FY 2008-09 <br />Sales Tax $35,000 $35,000 <br />Im act Fees $0 $0 <br />rans er rom a wa s <br />Elementary School <br />Construction Project $0 $0 <br />rans er rom <br />Information Technology <br />Capital Project $0 $0 <br />1997 Bond Funds $0 $0 <br />e i ica es o <br />Partici ation (COPs) $0 $0 <br />Interest Earnin son CO $0 $0 <br />Total Pro'ect Funding $35,000 $35,000 <br />Section 4. The following amount is appropriated for this project: <br /> <br />FY 2008-09 Through FY <br />2008-09 <br />Plannin /Arch/En in Fee $0 $0 <br />Site Ac uisition $0 $0 <br />Site Develo ment $0 $0 <br />Le al/Fiscal Cost $0 $0 <br />Construction $35,000 35,000 <br />Moveable E ui ment $0 $0 <br />Technolo $0 $0 <br />One-Time Start-U $0 $0 <br />Contin enc $0 $0 <br />rans er o erns ive <br />School Pro'ect <br />$0 <br />$0 <br />Total A ro nation $35,000 35 000 <br />Adopted this 15` of May 2008. <br />
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