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Carrboro Elementary Renovations <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 to renovate Carrboro Elementary School. <br /> Examples of renovations to be completed at this school include fire/safety/security <br /> improvements, lighting improvements and mechanical system upgrades, intercom <br /> and bell/clock system improvements. Proceeds from alternative financing and pay- <br /> as-you-go funds provide funds for 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 $260,000 $0 $260,000 <br /> Impact Fees $0 $0 $0 <br /> PSBF $0 $0 $0 <br /> Alternative Financing $50,000 $0 $50,000 <br /> Total Project Funding $310,0001 $0 $310,000 <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 i $0 $0 $0 <br /> Land/Assoc Fees $0 $0 $0 <br /> Construction $0 $0 $0 <br /> Improvements $260,000 $0 $260,000 <br /> ire a e y ecuri y <br /> S stem $50,000 $0 $50,000 <br /> Contin enc $0 $0 $0 <br /> Total $310,000 $0 $310,000 <br /> Section 5. This ordinance, originally adopted June 26, 2003, shall remain in effect until June <br /> 30, 2008. <br /> Adopted this 26th day of June 2007. <br />