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Technology Application Project <br /> Orange County Schools <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 retrofit facilities for new technology <br /> systems. Proceeds from the 1992 bond referendum, the 1997 bond referendum, <br /> transfers from completed capital projects within the District, and the Schools' share <br /> of pay-as-you-go capital funds finance this project. <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 $4,786,800 $0 $4,786,800 <br /> Impact Fees $0 $0 $0 <br /> PSBF $0 $0 $0 <br /> 1992 Bond Funds $2,000,000 $0 $2,000,000 <br /> 1997 Bond Funds $1,290,200 $0 $1,290,200 <br /> Transfer From Cedar Ridge High Sch $1,250,000 $0 $1,250,000 <br /> Total Project Funding $9,327,000 $0 $9,327,000 <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 /> Plannin !Arch/En in $700,000 $0 $700,000 <br /> Land/Assoc Fees $0 $0 $0 <br /> Construction $1,625,000 $0 $1,625,000 <br /> E ui men UFurnishin s $7,002,000 $0 $7,002,000 <br /> Other $0 $0 $0 <br /> Contin enc $0 $0 $0 <br /> Total Appropriation $9,327,000 1 $0 $9,327,000 <br /> Section 5.This ordinance supersedes all previous Technology Application Capital Project <br /> Ordinances for the Orange County Schools system. <br /> Section 6.This ordinance shall remain in effect from July 1, 1998 until June 30, 2008. <br /> Adopted this 26th day of June 2007. <br />