Orange County NC Website
0Q 10- Z4-A(n7-I4z_. <br />EMS Relocation /Meadowlands Annex lO <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 for the purchase of the <br />Meadowlands Drive facility and for upfitting the facility to accommodate <br />the relocation of the Emergency Management Department. Proceeds <br />from alternative financing and two- thirds net debt bonds finance the <br />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 />Section 4. The following amount is appropriated for this project: <br />Section 5 <br />Through FY <br />2006 -07 <br />FY 2007 -08 <br />Through FY <br />2007 -08 <br />Sales Tax <br />$0- <br />$1,300,000 <br />31,300,000 <br />2001 Bonds <br />$0 <br />$0 <br />$0 <br />Private Placement <br />$1,685;000 <br />$0 <br />$1,685,000 <br />2/3 Net Debt Bonds <br />$200,000 <br />$0 <br />$200,000 <br />Transfer from Parks <br />Operation Base Capital <br />Project <br />$222,765 <br />$0 <br />$222,765 <br />Transfer from General <br />Fund (Court Operations <br />Reserve) <br />$200,000 <br />$0 <br />$200,000 <br />Total Funding, <br />$2,307,765 <br />$1,300,000 <br />$3,607,765 <br />Section 4. The following amount is appropriated for this project: <br />Section 5 <br />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 />Through FY <br />2006 -07 <br />FY 2007 -08 <br />Through FY <br />2007 -08 <br />Land/Building <br />$1,757,765 <br />$0 <br />$1,757,765 <br />Planning/Architect/Eng <br />$50,000 <br />$0 <br />$50,000 <br />Construction <br />$500,000 <br />$1,300,000 <br />$1,800,000 <br />Other <br />$0 <br />$0 <br />$0 <br />Total Costs <br />$2,307,765 <br />$1,300,000 <br />$3,607,765 <br />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 />