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DR.O - MoD ~`- ~ ~ ~ <br />f}ap~ ra ~ e a~ ~- ~~ ~ ~ <br />~~ <br />C. W. Stanford Renovation <br />Orange County Schools <br />Capital Project Ordinance <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 for building renovations; kitchen doorframe <br />replacement; science lab renovations; entrance door replacement; replacement of <br />the in restrooms; and replacement of intercom system. Proceeds from the Schools' <br />1997 bond referendum and from the Schools' share of pay-as-you-go capital funds <br />finance this project. <br />Section 2.The officers of the County are hereby directed to proceed with the project within the <br />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 2,327,000 $735,000 3,062,000 <br />Impact Fees 0 $0 0 <br />PSBF 0 $0 0 <br />1992 Bond Funds 0 $0 0 <br />1997 Bond Funds 200,000 $0 200,000 <br />Other 0 $0 0 <br />Total Project Funding $2,527,000 $735,000 $3,262,000 <br />Section 4.The following amount is appropriated for this project: <br /> roug <br />2007-08 <br />FY 2008-09 roug <br />2008-09 <br />Plannin /Arch/En in $0 $0 $0 <br />Land/Assoc Fees $0 $0 $0 <br />Construction $2,527,000 $735,000 $3,262,000 <br />E ui mentlFurnishin $0 $0 $0 <br />Other $0 $0 $0 <br />Contingent $0 $0 $0 <br />Total A ro nation $2,527,000 735,000 $3,262,000 <br />Section 5.This ordinance supersedes all previous C. W. Stanford Renovations Capital Project <br />Ordinances. <br />Section 6.This ordinance remains in effect from July 1, 1998 until June 30, 2009. <br />Adopted this 1 st day of May 2008. <br />