Orange County NC Website
Orange County Satellite Campus of Durham Technical Community Coll~e <br />Capital Project Ordinance <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 for the planning, design, and construction of <br />the Orange County Satellite Campus of Durham Technical Community College. <br />The project is financed through non-bond debt funding. <br />Section 2.The officers of the County are hereby directed to proceed with the project within the <br />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 Bond Funds $0 $0 $0 <br />2004 Two-thirds Net Debt $0 $0 $0 <br />Non-Bond Debt Fundin $1,000,000 $3,588,000 $4,588,000 <br />Grant Funds $0 $0 $0 <br />Transfers $0 $0 $0 <br />Other $0 $0 $0 <br />Total Fundin $1,000,000 $3,588,000 $4,588,000 <br />Section 4.The following amount is appropriated for this project: <br /> Through FY <br />2005-06 <br />FY 2006-07 Through FY <br />2006-07 <br />Land/Building $1,000,000 $0 $1,000,000 <br />Design $0 $0 $0 <br />Construction(includes <br />$588,000 for sustainable <br />design features) <br /> <br />$0 <br /> <br />$3,588,000 <br /> <br />$3,588,000 <br />Other $0 $0 $0 <br />Total Costs $1,000,000 $3,588,000 $4,588,000 <br />Section 5. This ordinance shall remain in effect from July 1, 1998 until June 30, 2009. <br />Adopted this 26th day of June 2007. <br />