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Abatement Projects <br /> Chapel Hill-Carrboro City 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 for the District to comply with OSHA <br /> regulations related to removal of hazardous building materials such as asbestos <br /> flooring and ceiling tiles. Proceeds from the Schools' portion of the one-half cent <br /> sales taxes and alternative financing fund 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 $260,000 $0 $260,000 <br /> Impact Fees $0 $0 $0 <br /> PSBF $0 $0 $0 <br /> 1992 Bond Funds $0 $0 $0 <br /> 1997 Bond Funds $0 $0 $0 <br /> Alternative Financin $120,000 $0 $120,000 <br /> Total Fundin $380,000 $0 $380,000 <br /> Section 4. The following amount is appropriated for this project: <br /> Through FY Through FY <br /> 2006-07 FY 2007-08 2007 48 <br /> Plannin /Arch/En in $0 $0 $0 <br /> Land/Assoc Fees $0 $0 $0 <br /> Construction $380,000 $0 $380,000 <br /> Equipment/Furnishings $0 $0 $0 <br /> Other $0 $0 $0 <br /> Contingency $0 1 $0 $0 <br /> Total Costs $380,000 $0 $380,000 <br /> Section 5. This ordinance supersedes previous CHCCS Abatement Capital Projects. <br /> Section 6. This ordinance remains in effect from July 1, 2002 until June 30, 2009. <br /> Adopted this 26th day of June 2007. <br />