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River Park Development <br />Capital Project Ordinance <br />a6 d�7- is7 <br />4CA.- <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 development of the open area <br />between the Eno River and the County government campus. Proceeds from <br />sales and property taxes finance this project. <br />Section 2. <br />Section 3. <br />Section 4. <br />Section 5. <br />The officers of the County are hereby directed to proceed with the project within <br />the budget contained herein. <br />The following revenue is anticipated to complete this project: <br />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 />$50,000 <br />$0 <br />$50,000 <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 />Fees <br />$0 <br />$0 <br />$0 <br />Total Funding <br />$50,000 <br />$0 <br />$50,000 <br />The following amount is appropriated for this project: <br />This ordinance shall remain in effect from 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 />Constriction <br />$50,0001 <br />$0 <br />$50,000 <br />Mer <br />$0 <br />$0 <br />$0 <br />Total Costs <br />$50,000 <br />$0 <br />$50,000 <br />This ordinance shall remain in effect from until June 30, 2008. <br />Adopted this 26th day of June 2007. <br />