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Equipment and Vehicles Project 4 <br />Capital Project Ordinance <br />Project Number 61-412 <br />Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of <br />Chapter 159 of the General Statutes of North Carolina, the following capital project is hereby adopted. <br />Section 1. The project authorized will provide for purchase of County-owned vehicles and major <br />equipment. The project will be financed with proceeds from the County's portion of the one <br />half cent sales taxes, appropriated fund balance from the County Capital Projects Fund, and <br />grant funds from the North Carolina Department of Transportation. <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 revenue is anticipated to complete this project: <br />Transfer from County Capital Reserve Fund (1992-93) $295,300 <br />Transfer from General Fund (1993-94) 391,61 S <br />Transfer from General Fund (1994-95) 465,229 <br />Transfer from General Fund (1995-96) 294,41 S <br />Transfer from EMS Base 2 Project (1995-96) 10,000 <br />Transfer from General Fund (1996-97) 497,964 <br />Transfer from General Fund (1997-98) 547,345 <br />Total Transfers from Other Funds $2,501,868 <br />Intergovernmental (1992-93) 32,935 <br />Intergovernmental (1993-94) 4,688 <br />Intergovernmental (1994-95) 131,129 <br />Intergovernmental (1995-96) 123,750 <br />Intergovernmental (1996-97) 163,179 <br />Intergovernmental (1997-98) $2,142 <br />Total Intergovernmental $544,828 <br />County Capital Fund Balance (1994-95) 10; 000 <br />Total Revenue $3,056,696 <br />Section 4. A portion of the funds available for this project have been expended. The following <br />amendment is anticipated to close these amounts: <br />Transfer from County Capital Reserve (1992-93) <br />Transfer from County Capital Reserve (1993-94) <br />Transfer from County Capital Reserve (1994-95J <br />Intergovernmental (1992-93) <br />Intergovernmental (1993-94) <br />Intergovernmental (1994.95) <br />Total <br />Section 5. The following amount remains appropriated for this project: <br />Equipment and Vehicles <br />$239,583 <br />$348,384 <br />$351,954 <br />$32,935 <br />$4, 688 <br />128 822 <br />$1,106,366 <br />$1,950,330 <br />Section 6. This ordinance supersedes all previous Equipment and Vehicles Capital Project Ordinances. <br />Section 7. This ordinance, originally adopted June 28, 1992 and subsequently amended, shall be in <br />effect until June 30, 1998. <br />Adopted this 17`b day of February 1998. <br />