ORD-2006-029 - Budget Amendment #17

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ATTACHMENT 3 Carrboro Library Capital Project Ordinance Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project is hereby adopted. Section 1.The project authorized provides funds to address property to be acquired at a yet to be determined location and to some extent, the subsequent planning for the new facility. Pay -as- you -go funds would finance the project. Section 2.The officers of the County are hereby directed to proceed with the project within the budget contained herein. Section 3.The following revenue is anticipated to complete this project: Section 4.The following amount is appropriated for this project: Through FY 2004 -05 FY 2005 -06 Through FY 2005 -06 Sales Tax and Dedicated Property Tax $0 $50,000 $50,000 Bond Funds $0 $0 $0 2004 Two - Thirds Net Debt $0 $0 $0 Grant Funds $0 $0 $0 Dedicated Property Tax $0 $0 $0 Total Funding $0 $50,000 $50,000 Section 4.The following amount is appropriated for this project: Section 5. The following amounts have been transferred to another County Capital Project: Through FY 2004 -05 FY 2005 -06 Through FY 2005 -06 Land/Building $0 $0 $0 Design $0 $0 $0 Construction $0 $0 $0 Other $0 $50,000 $50,000 Total Bud et $0 1 $50,000 $50,000 Section 5. The following amounts have been transferred to another County Capital Project: Through FY Through FY 2004 -05 FY 2005-06 200506 Transfer to Efland Sewn Extension Development Project (2005 -06) $0 $50,000 $50,000 Total Costs $01 $50,000 $50,000