Orange County NC Website
aR �_ g66 `7 /1 '7 <br />County Facilities Art Reserve <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 reserve funds to allocate monies to construction <br />and ren ation projects for approved art projects in County facilities. Funding for <br />individua projects is determined by the Board of County Commissioners. Proceeds <br />from the County's share of pay -as- you -go capital funds finance the 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 />Section 4.The following amount is appropriated for this project: <br />Through FY <br />2006 -07 <br />FY 2007 -08 <br />Through FY <br />2007 -08 <br />Sales Tax and Dedicated <br />Property Tax <br />$10,000 <br />$5,000 <br />$15,000 <br />Bond Funds <br />$0 <br />$0 <br />$0 <br />2004 Two-Thirds Net Debt <br />$0 <br />$0 <br />$0 <br />Grant Funds <br />$0 <br />$0 <br />$0 <br />Dedicated Property Tax <br />$0 <br />$0 <br />$0 <br />Total Funding <br />$10,000 <br />$5,000 <br />$15,000 <br />Section 4.The following amount is appropriated for this project: <br />Section 5. This ordinance shall remain in effect until June 30, 2008. <br />Adopted. this 26th day, of June 2007 <br />Through FY <br />2006 -07 <br />FY 2007 -08 <br />Through FY <br />2007 -08 <br />Land/Building <br />$0 <br />$0 <br />$0 <br />Design <br />$0 <br />$0 <br />$0 <br />Construction <br />$0 <br />$0 <br />$0 <br />Other, <br />$10,000 <br />$5,0001 <br />$15,000 <br />Total Budget <br />$10,000 <br />$5,0001 <br />$15,000 <br />Section 5. This ordinance shall remain in effect until June 30, 2008. <br />Adopted. this 26th day, of June 2007 <br />