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ORD-2006-089 - Approval of Chapel Hill-Carrboro City Schools Alternative Financed Capital Project Ordinances for School Renovation Projects
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ORD-2006-089 - Approval of Chapel Hill-Carrboro City Schools Alternative Financed Capital Project Ordinances for School Renovation Projects
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Last modified
4/29/2013 11:29:19 AM
Creation date
9/14/2010 12:57:08 PM
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BOCC
Date
10/17/2006
Meeting Type
Regular Meeting
Document Type
Ordinance
Agenda Item
5e
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Agenda - 10-17-2006-5e
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\Board of County Commissioners\BOCC Agendas\2000's\2006\Agenda - 10-17-2006
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13 <br />Roofing Projects <br />Chapel Hill- Carrboro City Schools <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 I. The project authorized provides funds to repair and replace roofs at many of the <br />schools in the district. Proceeds from the Schools' portion of the one -half cent <br />sales taxes, alternative financing, and transfers from completed projects within <br />the District 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 />$883,626 <br />$0 <br />$883,626 <br />Impact Fees <br />$0 <br />$0 <br />$0 <br />Alternative Financing <br />$1,495,000 <br />$1,520,000 <br />$3,015,000 <br />1992 Bond Funds <br />$0 <br />$0 <br />$0 <br />1997 Bond Funds <br />$0 <br />$o <br />$0 <br />Transfers from Completed <br />Projects <br />$488,500 <br />$0 <br />$488,500 <br />Total Project Funding <br />$2,867,126 <br />$1,520,000 <br />$4,387,125 <br />Section: 4. The following amount is appropriated for this project, <br />Section 5. This ordinance supersedes all previous Renovations — Roofing Capital Projects <br />for the Chapel Hill - Carrboro City Schools. <br />Section 6. This ordinance, originally adopted July 1, 1998, shall remain in effect until June <br />30, 2007. <br />Adopted this 17th day of October 2006. <br />Through FY <br />2005 -06 <br />FY 2006 -07 <br />Through FY <br />2006 -07 <br />Plannin /Arch /En in <br />$85,000 <br />$120,000 <br />$205,000 <br />Land /Assoc Fees <br />$o <br />$0 <br />$0 <br />Construction <br />$2,782,126 <br />$1',400,000 <br />$4,182,126 <br />E ui ment/Furnishin s <br />I $0 <br />I $0 <br />I $0 <br />Other <br />$o <br />$0 <br />$0 <br />Contingency <br />$0 <br />1 <br />$0 <br />1 <br />$0 <br />Totall <br />$2,867,126 <br />$1,520,000 <br />$4,387,126 <br />Section 5. This ordinance supersedes all previous Renovations — Roofing Capital Projects <br />for the Chapel Hill - Carrboro City Schools. <br />Section 6. This ordinance, originally adopted July 1, 1998, shall remain in effect until June <br />30, 2007. <br />Adopted this 17th day of October 2006. <br />
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