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Chapel Hill - Carrboro City Schools <br />Capital Project Ordinance <br />Be if 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 upgrade instructional technology and other <br />systems throughout the district. Proceeds from the Schools' portion of the one -half <br />cent 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 the <br />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 />$9,823,816 <br />$1,010,000 <br />$10,833,816 <br />Impact Fees <br />$0 <br />$0 <br />$0 <br />PSBF <br />$0 <br />$0 <br />$0 <br />rans er from Completed <br />Projects <br />$960,000 <br />$0 <br />$960,000 <br />Transfer from East Chapel <br />Hill High Addition Savings <br />$0 <br />$0 <br />$0 <br />Alternative Financing <br />$223,686 1 <br />$0 1 <br />$223,686 <br />Total Project Funding <br />$11,007,502 1 <br />$1,010,000 1 <br />$12,017,502 <br />Section 4.The following amount is appropriated for this project: <br />Section 5. This ordinance supersedes all previous Technology Capital Project Ordinances for <br />the Chapel Hill- Canrboro City Schools. <br />Section 6., This ordinance, originally adopted June 29, 1992, shall remain in effect until June <br />30, 2007. <br />Adopted this 27th day of June 2006. <br />Through FY <br />2005 -06 <br />FY 2006 -07 <br />i nroUgh <br />2006 -07 <br />P annin /Arch /En in <br />$0 <br />$0 <br />$0 <br />Land Assoc Fees <br />$0 <br />$0 <br />$0 <br />Construction <br />$0 <br />$0 <br />$0 <br />E ui ment/Furnishin s <br />$11,007,502 <br />$1,010,000 <br />$12,017,502 <br />Other <br />$0 <br />$0 <br />$0 <br />Contingency <br />$0 <br />$0 <br />$0 <br />Totall <br />$11,007,502 <br />$1,010,000 <br />$12,017,502 <br />Section 5. This ordinance supersedes all previous Technology Capital Project Ordinances for <br />the Chapel Hill- Canrboro City Schools. <br />Section 6., This ordinance, originally adopted June 29, 1992, shall remain in effect until June <br />30, 2007. <br />Adopted this 27th day of June 2006. <br />