Orange County NC Website
~~~ 2~ - .~c~~~ - ~ ~ <br />y~~1~~~~~~~ ~~ <br />.~; <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 along-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 /> Through FY <br />2005-06 <br />FY 2006-07 Through FY <br />2006-07 <br />Sales Tax $15,000 $50,000 $65,000 <br />Bond Funds $0 $0 $0 <br />2004 Two-Thirds Net Debt $0 $0. $0 <br />Other $0 $0 $0 <br />Total Funding $15,000 $50,000 $65,000 <br />Section 4. The following amount is appropriated for this project: <br /> Thraugh FY <br />2005-06 <br />FY 2006-07 Through FY <br />2006-07 <br />Land/Building $0 $0 $0 <br />Design $0 $0 $0 <br />Construction $0 $0 $0 <br />Other -Contribution to OCS $15,000 $50,000 $65,000 <br />Total Costs $15,000 $50,800 $65,000 <br />Section 5. The following amounts have been transferred to other County Capital Projects: <br /> Through FY Through FY <br /> 2005-06 FY 2006-07 2006-07 <br />Transfer to CNG Fueling <br />Station Capital Project $15,000 $0 $15,000 <br />Total Transfers $15,OD0 $D $15,000 <br />