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W <br />Orange High School Tennis Court Resurfacing <br />Capital Project Ordinance <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 to resurface tennis courts on the grounds <br />of Orange High School. In accordance with a long - standing contract between <br />Orange County and Orange County Schools, the two entities share equally in the <br />cost of court repair. Funding in this project reflects the County's anticipated <br />share of repair cost. Orange County. Schools Board of Education anticipates <br />repair work to take place beyond fiscal year 2006 -07. Therefore, the County's <br />funds provided in this project will carry forward until such time as the Board of <br />Education moves forward with the repairs. Proceeds from the County's share of <br />pay -as- you -go capital funds finance this project. <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 />Section 4. The following amount is appropriated for this project: <br />Through FY <br />2005 -06 <br />FY 2006 -07 <br />Through FY <br />2006 -07 <br />Sales Tax <br />$15,000 <br />$50,000 <br />$65,000 <br />Bond Funds <br />$0 <br />$0 <br />$0 <br />2004 Two - Thirds Net Debt <br />$0 <br />$0.1— <br />$0 <br />Other <br />$0 <br />$01 <br />$0 <br />Total Funding <br />$15,0001 <br />$50,000 1 <br />$65,000 <br />Section 4. The following amount is appropriated for this project: <br />Section 5. The following amounts have been transferred to other County Capital Projects: <br />Through FY <br />2005 -06 <br />FY 2006 -07 <br />Through FY <br />2006 -07 <br />Land /Building <br />$0 <br />$0 <br />$0 <br />Design <br />$0 <br />$0 <br />$0 <br />Construction <br />$0 <br />$0 <br />$0 <br />Other - Contribution to OCS <br />$15,0001 <br />$50,0001 <br />$65,000 <br />Total Costs <br />$15,0001 <br />$50,0001 <br />$65,000 <br />Section 5. The following amounts have been transferred to other County Capital Projects: <br />Through FY <br />Through FY <br />2005 -06 <br />FY 2006 -07 <br />2006 -07 <br />Transfer to CNG Fueling <br />Station Capital Project <br />$15,000 <br />$0 <br />$15,000 <br />Total Transfers <br />$15,000 <br />$0 <br />$15,000 <br />