Orange County NC Website
D 7 ā€” /e_1S <br />Zā€” .7-GO1 <br />Orange County Satellite Campus of Durham Technical Community College cam, <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 funds for the planning, design, and construction of <br />the Orange County Satellite Campus of Durham Technical Community College. <br />The project is financed through non -bond debt funding. <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 <br />$0 <br />$0 <br />$0 <br />2001 Bond Funds <br />$0 <br />$0 <br />$0 <br />2004 Two - thirds Net Debt <br />$0 <br />$0 <br />$0 <br />Non -Bond Debt Funding <br />$4,588,000 <br />$0 <br />$4,588,000 <br />Grant Funds <br />$0 <br />$0 <br />$0 <br />Transfers <br />$0 <br />$0 <br />$0 <br />Other <br />$0 <br />$0 <br />$0 <br />Total Funding <br />$4,588,000 <br />$0 <br />1 $4,588,000 <br />Section 4.The following amount is appropriated for this project: <br />Section 5. This ordinance shall remain in effect from July 1, 1998 until June 30, 2009. <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 />$1,000,000 <br />$0 <br />$1,000,000 <br />Design <br />$0 <br />$0 <br />$0 <br />Construction(includes <br />$588,000 for sustainable <br />design features) <br />$3,588,000 <br />$0 <br />$3,588,000 <br />Other J <br />$0 <br />$0 <br />$0 <br />Total Costs 1 <br />$4,588,000 <br />$0 <br />$4,588,000 <br />Section 5. This ordinance shall remain in effect from July 1, 1998 until June 30, 2009. <br />Adopted this 26th day of June 2007. <br />