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Waterproofing and Drainage <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 to waterproof below grade foundations and <br /> correct drainage problems in county facilities. Pay-as-you-go funds will finance <br /> 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 /> 2006-07 FY 2007-08 2007-08 <br /> Sales Tax $221,000 $0 $221,000 <br /> Bond Funds $0 $0 $0 <br /> 2004 Two-Thirds Net Debt $0 $0 $0 <br /> Other $0 $0 $0 <br /> Total Fundingi $221,000 $0 $221,000 <br /> i <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 $0 $0 $0 <br /> Design $0 $0 $0 <br /> Construction $0 $0 $0 <br /> Other $221,000 $0 $221,000 <br /> Total Costsi $221,000 $0 $221,000 <br /> Section 5. The following amounts have been transferred to another County Capital Project: <br /> Through FY Through FY <br /> 2006-07 FY2007-08 2007-08 <br /> Transfer to Efland Sewer Extension <br /> Developrrcnt Project(2005-06) $150,000 $0 $150,000 <br /> Transfer to Equipment and Vchicles Project <br /> (2007-08) $0 $71,000 $71,000 <br /> Total Costsl $150,0001 $71,000 $221,000 <br />