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Central/Northern Orange Senior Center <br /> Capital Project Ordinance <br /> Be it ordained by the Orange County Board of County Commissioners that pursuant to <br /> Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following <br /> capital project is hereby adopted. <br /> Section 1. The project authorized provides funds to renovate the existing SportsPlex <br /> facility to accommodate a fifteen thousand square feet Central/Northern <br /> Orange Senior Center addition. The planned center will replace the <br /> Central Orange Senior Center currently located in leased space at the <br /> Meadowlands in Hillsborough. Proceeds from the 2001 voter approved <br /> bonds and private placement loans from the General Fund and the <br /> SportsPlex Enterprise Fund finance the project. <br /> Section 2. The officers of the County are hereby directed to proceed with the project <br /> within 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 $0 $0 $0 <br /> 2001 Bonds $2,000,000 $0 $2,000,000 <br /> Alternative Financing $4,000,000 $0 $4,000,000 <br /> Fees $0 $0 $0 <br /> Other $0 $0 $0 <br /> Total Funding <br /> $6,000,0001 $0 $6,000,000 <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 /> Land Acquisition $0 $0 $0 <br /> Planning/Architect/Engineering $100,000 $0 $100,000 <br /> Construction $5,900,000 $0 $5,900,000 <br /> Other $0 $0 $0 <br /> Total Costs $6,000,000 $0 $6,000,000 <br /> Section 5. This ordinance shall be in effect from the original date of adoption, March <br /> 24, 2003, until June 30, 2009. <br /> Adopted this 26th day of June 2007. <br />