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Transportation Center Expansion <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 construction of an addition to the <br /> transportation center. Proceeds from the Schools' portion of the one-half cent sales <br /> taxes and Public School Building 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 /> nrougn F Y i nrougn <br /> 2006-07 FY 2007-08 2007-08 <br /> Sales Tax $225,000 $0 $225,000 <br /> Impact Fees $0 $0 $0 <br /> PSBF $100,000 $0 $100,000 <br /> 1992 Bond Funds $0 $0 $0 <br /> 1997 Bond Funds $0 $0 $0 <br /> Total Project Funding, $325,000 $0 $326,600 <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 tArchtEn in $0 $0 $0 <br /> LandtAssoc Fees $0 $0 $0 <br /> Construction $325,000 $0 $325,000 <br /> Equipment/Furnishings $0 $0 $0 <br /> Other $0 $0 $0 <br /> Contingency $0 $0 $0 <br /> Total $325,000 $0 $325,000 <br /> Section 5. This ordinance supersedes all previous Transportation Center Expansion Capital <br /> Project Ordinances for the Chapel Hill-Carrboro City Schools. <br /> Section 6. This ordinance, originally adopted June 25, 2001, shall remain in effect until June <br /> 30, 2008. <br /> Adopted this 26th day of June 2007. <br />