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6)QAD -aoo7- 1If S <br />lj cL <br />Gravelly Hill Middle School <br />Orange County Schools <br />Capital Project Ordinance <br />Be it ordained by the Orange County Board of County ls project as hereby Section 13.2 of <br />Chapter 159 of the General Statutes of North Carolina, the following capital <br />Section 1. The project authorized provides funs fo the Orange County <br />middle Schools <br />chool facility. pr Anticipated <br />and design, construction, and equipping <br />revenues for the project consist of pay -as- you -go funding (transfer from General Fund and <br />Sales Tax Reimbursements), 2001 voter approved bond funds, a private placement loan, <br />and a transfer from the County Capital Fund. <br />Section 2. The officers of the County are hereby directed to proceed with the project within the budget <br />contained herein. <br />Section 3. The following County revenue is anticipated to complete this project: <br />General <br />Fund <br />Reimbursements <br />2001 Bonds <br />Private Placement Loan <br />Total County Fundir <br />2006 -07 FY 2007 -08 2007 -08 <br />$802,000 $0 $802,000 <br />$60,000 $0 $60,000 <br />$300,000 $0 $300,000 <br />18,500,000 $0 $18,500,000 <br />$0 $0 $0 <br />ww AAA AAA Itn I $23.222.000 <br />Section 4. The following amount is appropriated for this project: <br />