Orange County NC Website
HVAC Project <br />Capital Project Ordinance <br />®R R li 141 7_ Isla <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 the replacement of heating, venting and <br />air conditioning (HVAC) systems at County facilities. Proceeds from the County's <br />share of pay -as- you -go capital 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 />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 />$708,000 <br />$0 <br />$708,000 <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 />$708,000 <br />$0 <br />$708,000 <br />Section 4.The following amount is appropriated for this project: <br />Section 5. The following amounts have been transferred to another County Capital Project: <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 />$40,000 <br />$0 <br />$40,000 <br />Construction <br />$0 <br />$0 <br />$0 <br />Other <br />$668,000 <br />$0 <br />$668,000 <br />Total Budget <br />$708,000 <br />$0 <br />$708,000 <br />Section 5. The following amounts have been transferred to another County Capital Project: <br />Through FY <br />Through FY <br />2006 -07 <br />FY 2007 -08 <br />2007-08 <br />Transfer to Efland Sewer Extension <br />Development Project (200.5-06) <br />$115,000 <br />$0 <br />$115,000 <br />Total Costs <br />$115,000 <br />$0 <br />$115,000 <br />