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~ - ao~ sr- o s'7 <br />PI~''~a u~~ 5- !-vim <br />~~ <br />Mobile Classrooms <br />Chapel Hill-Carrboro City 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 the purchase of mobile classrooms. <br />Proceeds from impact fees, pay-as-you-go funds and a{ternative financing fund <br />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 /> Through FY <br />2007-08 <br />FY 2008-09 Through FY <br />2008-09 <br />Sales Tax $390,000 $110,000 $500,000 <br />Impact Fees $1,170,000 $0 $1,170,000 <br />PSBF $0 $0 $0 <br />1992 Bond Funds $0 $0 $0 <br />1997 Bond Funds $0 $0 $0 <br />Alternative Financing $110,000 $0 $110,000 <br />Total Funding $1,670,000 $110,000 $1,780,000 <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 />Plannin !Arch/En in $0 $0 $0 <br />Land/Assoc Fees $0 $0 $0 <br />Construction $1,450,000 $110,000 $1,560,000 <br />E ui mentrFurnishin s $0 $0 $0 <br />Other $220,000 $0 $220,000 <br />Contin enc $0 $0 $0 <br />Total Costs $1,67.O,OOD $110,000 $1,780,000 <br />Section 5. This ordinance remains in effect from July 1, 2001 until June 30, 2009. <br />Adopted this 1St day ~f May 2008. <br />