Orange County NC Website
L.J <br />Section 5. In addition, the Orange County Board of Education plans to appropriate the following <br />revenues to the project to cover construction costs. <br /> Through FY <br />2005-06 <br />FY 2006-07 Through FY <br />2006-07 <br />Sales Tax Refunds $300,000 $300,000 0 <br />NCDOT Grant 50,000 0 50,000 <br />i Iona are o <br />Electrical Service <br />$60,000 <br />$0 <br />$60,000 <br />o a oar o <br />Education Fundin <br />$410,000 <br />$300,000 <br />$110,000 <br />Section 6. The cost to site and construct Gravelly Hill Middle School totals $24,009,525. <br /> Through FY Through FY <br /> 2005-06 FY 2008-07 2006-07 <br />oun i e c o0 <br />#3 Bond Funds $18,500,000 $0 $18,500,000 <br />County 2001 Soccer Super Fund <br />Bonds (to cover site development <br />costs for West 10 Soccer Complex <br />co-located at the Middle School #3 <br />site $237,525 $0 $237,525 <br />Pay-As-You-Go Funds (Transfer <br />from General Fund $0 $802,000 $802,000 <br />Transfer from Coun Ca ital Fund $60,000 $0 $60,000 <br />range oun nva a acemen <br />Fundin $4,000,000 $0 $4,000,000 <br />School Board Funds $410,000 $0 $410,000 <br />0 oar o uca ion <br />Fundin $23,207,525 $802,000 $24,009,525 <br />Section 7. This ordinance supersedes all previous Gravelly Hill Middle School capital project <br />ordinances. <br />Section 8: This capital project ordinance, originally adopted March 4, 2005, shall remain in effect <br />through June 30, 2007. <br />Adopted this 24th day of April 2007. <br />