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Athletic Facilities Improvements <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 1. The project authorized provides funds to replace equipment and improve athletic <br />facilities at various schools throughout the District. Proceeds from the Schools' <br />portion of the one -half cent sales taxes and alternative financing fund this <br />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 />$1,287,387 <br />$0 <br />$1,287,387 <br />Impact Fees <br />$0 <br />$0 <br />$0 <br />PSBF <br />$0 <br />$0 <br />$0 <br />Alternative Financing <br />$210,000 <br />$880,000 <br />$1,090,000 <br />1992 Bond Funds <br />$0 <br />$0 <br />$0 <br />1997 Bond Funds <br />$0 <br />$0 <br />$0 <br />Transfer from Scroggs <br />Elementary Capital Project <br />$70,000 <br />$0 <br />$70,000 <br />Total Project Funding 1 <br />$1,567,387 <br />$880,000 <br />$2,447,387 <br />Section 4. The following amount is appropriated for this project: <br />Section 5. This ordinance supersedes all previous Athletic Facilities and Playgrounds <br />Capital Project Ordinances for the Chapel Hill - Carrboro City Schools. <br />Section 6. This ordinance, originally adopted June 29, 1992, shall remain in effect until <br />June 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 />$45,000 <br />$0 <br />$45,000 <br />Land /Assoc Fees <br />$0 <br />$0 <br />$0 <br />Construction <br />$1,522,387 <br />$880,000 <br />$2,402,387 <br />E ui ment/Fumishin s <br />.$0 <br />$0 <br />$0 <br />Other <br />$0 <br />$0 <br />$0 <br />Contingency <br />$0 <br />$0 <br />$0 <br />Total <br />$1,567,387 <br />$880,000 <br />$2,447,387 <br />Section 5. This ordinance supersedes all previous Athletic Facilities and Playgrounds <br />Capital Project Ordinances for the Chapel Hill - Carrboro City Schools. <br />Section 6. This ordinance, originally adopted June 29, 1992, shall remain in effect until <br />June 30, 2007. <br />Adopted this 17th day of October 2006. <br />