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12 <br />Equipment and Vehicles Project <br />Capital Project Ordinance <br />Project Number 61-412 <br />Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 <br />of Chapter 159 of the General Statutes of North Carolina, the following capital project is hereby <br />adopted. <br />Section 1. The project authorized provides funds to purchase County-owned vehicles and major <br />equipment. The project will be financed with proceeds from the County's portion of the one <br />half cent sales taxes, appropriated fund balance from the County Capital Projects Fund, and <br />grant funds from the North Carolina Department of Transportation. <br />Section 2. The officers of the County 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 FY <br />1998-99 <br />FY 1999-00 <br />Throu h FY 1999-00 <br />Sales Tax $3,144,589 $956,850 $4,101,439 <br />Bond Funds $0 $0 $0 <br />Private Placement $0 $0 $0 <br />Grant Funds $631,938 $45,000 $676,938 <br />Other $20,000 $0 $20,000 <br />Total Funding $3,796,527 $I,OOI,850 $4,798,377 <br />Section 4. A portion of the funds available for this project have been expended. The following <br />amendment is anticipated to close these amounts: <br /> Through FY 1998- <br /> 99 FY 1999-00 Through FY 1999-00 <br />Transfer from County <br />Capital Reserve (1992-93) $239,583 $0 $239,583 <br />Transfer from County <br />Capital Reserve (1993-94) $348,384 $0 $348,384 <br />Transfer from County <br />Capital Reserve (1994-95) $351,954 $0 $351,954 <br />Intergovernmental (1992- <br />93) $32,935 $0 $32,935 <br />Intergovernmental (1993- <br />94) $4,688 $0 $4,688 <br />Intergovernmental (1994- <br />95) $128,822 $0 $128,822 <br />Total 1,106,366 0 1,106,366 <br />