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Mechanical Systems <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 replace obsolete mechanical equipment <br /> including boilers and electric heating and cooling systems. Proceeds from the <br /> Schools' portion of the one-half cent sales taxes, alternative financing, and <br /> transfers from completed projects within the District finance 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 $1,540,490 $0 $1,540,490 <br /> Impact Fees $0 $0 $0 <br /> PSBF $0 $0 $0 <br /> i <br /> Transfers from Completed <br /> Projects $210,000 $0 $210,000 <br /> Alternative Financing $2,030,000 $0 $2,030,000 <br /> Total Project Funding $3,780,490 $0 $3,780,490 <br /> Section 4. The following amount is appropriated for this project: <br /> FThrough FY Through FY <br /> 006-07 FY 2007-08 2007-08 <br /> Plannin /Arch/En in 112,000 $0 $112,000 <br /> Land/Assoc Fees $25,000 $0 $25,000 <br /> Construction ,995,000 $0 $2,995,000 <br /> E ui ment/Furnishin s $648,490 $0 $648,490 <br /> Other $0 $o $0 <br /> Contingency $0 $0 $0 <br /> Total $3,780,490 $0 $3,780,490 <br /> Section 5. This ordinance supersedes all previous Mechanical Systems Capital Project <br /> Ordinances for the Chapel Hill-Carrboro City Schools. <br /> Section 6. This ordinance, originally adopted May 21, 1997, shall remain in effect until June <br /> 30, 2009. <br /> Adopted this 26th day of June 2007. <br />