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2 <br /> 1 <br /> 2 V. ITEMS FOR DECISION - CONSENT AGENDA <br /> 3 Motion was made by Commissioner Hartwell, seconded by <br /> 4 Commissioner Marshall to approve those items on the Consent Agenda as <br /> 5 listed below: <br /> 6 <br /> 7 A. PUBLIC SCHOOL BUILDING CAPITAL FUNDS <br /> 8 To approve and authorize the Chair to sign the application <br /> 9 for release of State Public School Building Capital Funds and adopt the <br /> 10 capital project ordinances as stated below: <br /> 11 <br /> 12 NEW HOPE ELEMENTARY SCHOOL <br /> 13 ORANGE COUNTY SCHOOLS <br /> 14 CAPITAL PROJECT ORDINANCE <br /> 15 <br /> 16 Be it ordained by the Board of Commissioners that pursuant to Section <br /> 17 13 .2 of Chapter 159 of the General Statutes of North Carolina, the <br /> 18 following capital project is hereby adopted. <br /> 19 <br /> 20 Section 1. The project authorized is for the construction of a new <br /> 21 elementary school for the Orange County School District. The <br /> 22 project will be financed by bond proceeds, State Public <br /> 23 School Building Capital Funds, and an appropriation from the <br /> 24 School Capital Reserve Fund. <br /> 25 <br /> 26 Section 2. The officers of the County are hereby directed to procee- ' <br /> 27 with the project within the budget contained herein. <br /> 28 <br /> 29 Section 3. The following revenue is anticipated to complete this <br /> 30 project: <br /> 31 <br /> 32 Bond Proceeds $ 3 ,991, 000 <br /> 33 Public School Building Capital Funds 1, 269,170 <br /> 34 Transfer from School Capital Reserve <br /> 35 Fund 100, 000 <br /> 36 <br /> 37 Total Revenue $ 5, 360,170 <br /> 38 ., <br /> 39 <br /> 40 Section 4. The following amount is appropriated for this project: <br /> 41 <br /> 42 New Hope Elementary School Project $ 5, 360, 170 <br /> 43 <br /> 44 Section 5. This ordinance supersedes all previous New Hope Elementary <br /> 45 Capital Project Ordinances. <br /> 46 <br /> 47 Section 6. This ordinance shall be in effect from the date of adoption <br /> 48 until June 30, 1992 . <br /> 49 <br /> 50 FUTURE PROJECTS RESERVE <br /> 51 ORANGE COUNTY SCHOOLS <br /> 52 CAPITAL PROJECT ORDINANCE <br />