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Technology <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 upgrade instructional technology and other <br /> systems throughout the district. Proceeds from the Schools' portion of the one-half <br /> cent sales taxes and transfers from completed projects within the District finance <br /> 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 $10,833,816 $965,000 $11,798,816 <br /> Impact Fees $0 $0 $0 <br /> PSBF $0 $0 $0 <br /> rans er rom omp e e <br /> Projects $960,000 $0 $960,000 <br /> Transfer from East Chapel <br /> Hill High Addition Savings $0 $0. $0 <br /> Alternative Financing $223,686 $0 $223,686 <br /> Total Project Fundingi $12,017,502 1 $965,000 $12,982,502 <br /> Section 4.The following amount is appropriated for this project: <br /> roug nrough FY <br /> 2006-07 FY 2007-08 2007-08 <br /> Plan nin /Arch/En in $0 $0 $0 <br /> Land/Assoc Fees $0 $0 $0 <br /> Construction $0 $0 $0 <br /> Equipment/Furnishings $12,017,502 $965,000 $12,982,502 <br /> Other $0 $0 $0 <br /> Contingency $0 $0 $0 <br /> Total $12,017,502 $965,000 $12,982,502 <br /> Section 5. This ordinance supersedes all previous Technology Capital Project Ordinances for <br /> the Chapel Hill-Carrboro City Schools. <br /> Section 6. This ordinance, originally adopted June 29, 1992, shall remain in effect until June <br /> 30, 2009. <br /> Adopted this 26th day of June 2007. <br />