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tQ1'7'/t e ra wtt •~'f' 3 <br />Iv <br />Central/Northern Orange Senior Center <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 to renovate the existing SportsPlex <br />facility to accommodate a fifteen thousand square feet Central/Northern <br />Orange Senior Center addition. -The planned center will replace the <br />Central Orange Senior Center currently located in leased space at the <br />Meadowlands in Hillsborough. Proceeds from the 2001 voter approved <br />bonds and private placement loans from the General Fund. and the <br />SportsPlex Enterprise Fund 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 />2005-06 <br />FY 2006-07 Through.FY <br />2006-07 <br />Sales Tax $0 $0 $0 <br />2001 Bonds $2,000,000 $0 $2,000,000 <br />Alternative Financin $0 $4,000,000 $4,000,000 <br />Fees $0 $0 $0 <br />Other $0 $0 $0 <br />Total Funding $2,000,000 $4,000,000 $6,000,000 <br />Section 4. The following amount is apprppriated for this project: <br /> Through FY <br />2005-06 <br />FY 2006-07 Through FY <br />2006-07 <br />Land Ac uisition $0 $0 $0 <br />Planning/Architect/Engineerin $100,000 $0 $100,000 <br />Construction $1,900,000 $4,000,000 $5,900,000 <br />Other $0 $0 $0 <br />Total Costs $2,000,000 $4,000,000 $6,000,000 <br />Section 5. This ordinance shall be in effect from the original date of adoption, March <br />24, 2003, until June 30, 2009. <br />Adopted this 26th day of June 2007. <br />