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Asbestos Removal <br /> Orange County Schools <br /> Capital Project Ordinance <br /> Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 <br /> of Chapter 159 of the General Statutes of North Carolina,the following capital project is hereby adopted. <br /> Section 1. The project authorized provides funds to remove asbestos from various facilities within the <br /> Orange County School system. Proceeds from the Schools' portion of the one-half cent <br /> sales taxes finance this project. <br /> Section 2. The officers of the County are hereby directed to proceed with the project within the budget <br /> 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 $487,225 $0 487,225 <br /> Impact Fees $0 $0 0 <br /> PSBF $0 $0 0 <br /> 1992 Bond Funds $0 $0 0 <br /> 1997 Bond Funds $0 $01 0 -- <br /> Other $0 $0 0 <br /> Total Project Funding $487,225 $0 487,225 <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 /> Plana n ArchBn n $0 $0 $0 <br /> Land/Assoc Fees $0 $0 $0 <br /> Construction $487,225 $0 $487 225 <br /> Equip menttFumishin s $0 $0 $0 <br /> Other $0 $0 $0 <br /> Contingency $0 $0 $0 <br /> Total A ro riation $487,225 $0 $487,225 <br /> Section 5. This ordinance supersedes all previous Asbestos Removal Capital Project Ordinances for the <br /> Orange County School system. <br /> Section 6. This ordinance remains in effect from July 1, 1990 until June 30, 2008. <br /> Adopted this 26th day of June 2007. <br />