Orange County NC Website
ATTACHMENT 3 8/- /9 oy <br />j~ h~Ll- <br />Emergency Services Relocation at Meadowlands ~ <br />Capital Project Ordinance <br />Be it ordained by the Orange County Board of County Commissioners that pursuant to <br />Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following <br />capital project is hereby adopted. <br />Section 1. The project authorized provides funds for the purchase of the <br />Meadowlands Drive facility and for upfitting the facility to accommodate <br />the relocation of the Emergency Services Department. Proceeds from <br />alternative financing, two-thirds net debt bonds, and transfers from other <br />funds/projects finance the project. <br />Section 2. The officers of the County are hereby directed to proceed with the project <br />within 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 $1,300,000 $0 $1,300,000 <br />2001 Bonds ~ $0 $0 $0 <br />Private Placement $1,685,000 $0 $1,685,000 <br />2/3 Net Debt Bonds $200,000 $0 $200,000 <br />Transfer from Parks <br />Operation Base Capital <br />pm'rot <br /> <br />$222,765 <br /> <br />$0 <br /> <br />$222,765 <br />Transfer from General Fund <br />Court 'ons Reserve <br />$200,000 <br />$0 <br />$200,000 <br />Transfer from Emergency <br />Tel hone Fund <br />$0 <br />$60,958 <br />$60,958 <br />Total Fnndm 53,607 765 $60,958 $3,668,723 <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 />Land/Buil ' $1,757,765 $0 $1,757,765 <br />Pl Arc ' $50,000 ~ $0 $50,000 <br />Construction $1,800,000 $0 $1,800,000 <br />~ t $0 $60,958 $60,958 <br />Total Costs 53,607,765 560,958 $3,668,723 <br />