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i� <br /> Fire/Safety/Security Renovations <br /> Chapel Hill-Carrboro City Schools - �� _ 7 <br /> Capital Project Ordinance �t9 <br /> Be it ordained by the Orange County Board of County Commissioners that pursuant to Section <br /> 13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project is <br /> hereby adopted. <br /> Section 1. The project authorized provides funds to replace the Fire Safety Systems at <br /> various schools throughout the district. Proceeds from the Schools' portion of <br /> the one-half cent sales taxes and alternative financing fund this project. <br /> Section 2. The officers of the County are hereby directed to proceed with the project within <br /> the budget contained herein. <br /> Section 3. The following revenue is anticipated to complete this project: <br /> Through FY Through FY <br /> 2005-06 FY 2006-07 2006-07 <br /> Sales Tax $1,131,665 $0 $1,131,665 <br /> Impact Fees $0 $0 $0 <br /> PSBF $0 $0 $0 <br /> 1997 Bond Funds $0 $0 $0 <br /> Savings on Construction <br /> Contracts $90,235 $0 $90,235 <br /> Alternative Financing $0 $264,659 $264,659 <br /> Total Project Funding $1,221,900 1 $264,659 $1,486,559 <br /> Section 4. The following amount is appropriated for this project: <br /> Through FY Through FY <br /> 2005-06 FY 2006-07 2006-07 <br /> Plannin /Arch/En in $60,000 $0 $60,000 <br /> Land/Assoc Fees $0 $0 $0 <br /> Construction $1,140,100 $264,659 $1,404,759 <br /> Equipment/Furnishings $21,800 $0 $21,800 <br /> Other $0 $0 $0 <br /> !Contingency $0 $0 $0 <br /> Total $1,221,900 $264,659 $1,486,559 <br /> Section 5. This ordinance supersedes all previous Fire/Safety/Security Capital Project <br /> Ordinances for the Chapel Hill-Carrboro City Schools. <br /> Section 6. This ordinance, originally adopted June 30, 1997, shall remain in effect until <br /> June 30, 2009. <br /> Adopted this 26th day of June 2007. <br />