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NN Ord-1998-003 Finance - Budget Amendment 5 - 02-17-1998-8b
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NN Ord-1998-003 Finance - Budget Amendment 5 - 02-17-1998-8b
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Last modified
6/4/2013 3:20:41 PM
Creation date
7/22/2010 4:13:28 PM
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BOCC
Date
2/17/1998
Meeting Type
Regular Meeting
Document Type
Ordinance
Agenda Item
8d
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Southern Human Services Center Project <br />Capital Project Ordinance <br />Project Number 61-602 <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 capital <br />project is hereby adopted. <br />Section 1. The project authorized is the acquisition of land and construction of a <br />consolidated human services center in the southern portion of the County. The <br />project will be financed with proceeds from the 1988 bond referendum, proceeds <br />from the County's portion of the one-half cent sales taxes, transfers from other <br />County capital projects, and private placement funding. <br />Section 2. The officers of the County are hereby directed to proceed with the project within <br />the budget contained herein. <br />Section 3. The following revenue is anticipated to complete this project: <br />1988 Bond Funds (1989-90) $1,000,000 <br />1988 Bond Funds (1991-92) $2,000,000 <br />Total 1988 Bond Funds $3,000,000 <br />Transfer from County Capital Reserve Fund (1991-92) $92,500 <br />Transfer from General Fund (1993-94) $72,500 <br />Transfer from General Fund (1994-95) $72,500 <br />Transfer from Government Services Center Project (1994-95) $100,000 <br />Transfer from Rural Education Center Project (1994-95) $90,000 <br />Transfer from Solid Waste Convenience Centers Project (1994-95) $110,000 <br />Transfer from Government Services Center (1995-96) $81,863 <br />Transfer from General Fund 1995-96) $429,137 <br />Transfer from General Fund (1996-97) $72,500 <br />Transfer from Solid Waste Convenience Centers (1996-97) $189,000 <br />Transfer from General Fund (1997-98) $60,000 <br />Total Transfers from Other Funds $1,370,000 <br />Private Placement Funding $500,000 <br />Appropriated Fund Balance (1997-98) $95,248 <br />9 <br />Total Revenues $4,965,248 <br />
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