Orange County NC Website
�V • r �V <br />Recreation and Parks Facilities — Fairview Park <br />Capital Project Ordinance <br />Be it ordained by the Orange County Board of County Commissioners that t pursuant to <br />Section 13.2 of Chapter 159 of the General Statutes <br />capital project is hereby adopted. <br />Section 1. T project roect authorized provides funds to develop a concept e plan <br />Fairview and <br />construct a park fa ' acr Proceeds from Ithe 2001 voter <br />community in northe rn Hillsborough <br />approved bonds 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 />$0 $0 $0 <br />Sales Tax $850,000 $0 $850,000 <br />2001 Bonds $0 $0 $0 <br />2004 Two - Thirds Net Debt $0 $0 $0 <br />Fees $0 $0 $0 <br />Other $0 $850,000 <br />Total Fun din $850,000 <br />Section 4. The following amount is appropriated for this project: <br />Section 7. This ordinance shall be in effect from the original date of adoption, March <br />24, 2003, until June 30, 2008. <br />Adopted this 26th day of June 2007. <br />