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Orange County Satellite Campus of Durham Technical Community College <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 Through FY <br /> 2006-07 FY 2007-08 2007-08 <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 Funding $4,588,000 $0 $4,588,000 <br /> Grant Funds $0 $0 $0 <br /> Transfers $0 121 $0 <br /> Other $0 1 $0 $0 <br /> Total Fundingi $4,588,000 1 $0 1 $4,588,000 <br /> Section 4.The following amount is appropriated for this project: <br /> Through FY Through FY <br /> 2006-07 FY 2007-08 2007-08 <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) $3,588,000 $0 $3,588,000 <br /> Other $0 $0 $0 <br /> Total Costs $4,588,000 $0 $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 />