ORD-2007-012 - Approval of Capital Funding Request for C.W. Stanford Middle School

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~" C. W. Stanford Renovation Orange County Schools Capital Project Ordinance Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project is hereby adopted. Section 1.The project authorized provides funds for building renovations including science lat renovations; replacements of doorframes, restroom tile, intercom system and air handling system. Proceeds from the Schools' 1997 bond referendum and from the Schools' share of pay-as-you-go capital funds finance this project. Section 2.The officers of the County are hereby directed to proceed with the project within the budget contained herein. Section 3.The following revenue is anticipated to complete this project: Through FY 2006-07 FY 20D7-08 Through FY 2007-OB Sales Tax $1,692,000 $500,000 $2,192,000 Impact Fees $0 $0 $0 PSBF $0 $0 $0 1992 Bond Funds $0 $0 $0 1997. Bond Funds $200,000 $0 $200,000 Other $0 $0 $0 Total Project Funding 1,892,000 $500,000 2,392,000 Section 4.The following amount is appropriated for this project: Throu h FY 2006-07 FY 2007-08 roug OB Plannin /Arch/En In 0 50,OD0 50,000 Lan Assoc Fees 0 0 0 Construction 1,892,000 450,000 2,342,000 E ui ment/Furnishin 0 0 0 Other 0 0 0 Contin enc $0 $0 $0 Total ro rlation 1,892,000 500,000 2,392,000 Section 5.This ordinance supersedes all previous C. W. Stanford Renovations Capital Project Ordinances. Section 6.This ordinance remains in effect from July 1, 1998 until June 30, 2008. Adopted this 3rd day of May 2007.