Orange County NC Website
Section 5. In addition, the Orange County Board of Education plans to appropriate the following <br />revenues to the project to cover construction costs. <br />Section 6. The cost to site and construct Orange County Schools Middle School #3 totals $22,608,091. <br />County 2001 OCS Middle <br />nrough FY <br />2003 -04 <br />FY 2004 -05 <br />I Hrougn <br />2004 -05 <br />Sales Tax Refunds <br />$0 <br />$300,000 <br />$300,000 <br />NCDOT Grant <br />$0 <br />$50,000 <br />$50,000 <br />otal board otl <br />Education Funding <br />$0 <br />$350,000 <br />$350,000 <br />Section 6. The cost to site and construct Orange County Schools Middle School #3 totals $22,608,091. <br />County 2001 OCS Middle <br />School #3 Bond funds <br />$825,005 <br />$17,674,995 <br />$18,500,000 <br />Fund Bonds (to cover site <br />development costs for West 10 <br />Soccer Complex co- located at <br />the Middle School #3 site ) <br />$237,525 <br />$0 <br />$237,525 <br />Orange County Private <br />Placement Funding <br />$0 <br />$3,520,566 <br />$3,520,566 <br />School Board Funds <br />$0 <br />$350,000 <br />$350,000 <br />Total oar o uca ion <br />Funding <br />$1,062,530 <br />$21,545,561 <br />$22,608,091 <br />Section 7. This ordinance supersedes all previous Orange County Schools Middle School #3 capital <br />project ordinances. <br />Section 8. This capital project ordinance, originally adopted March 4, 2004, shall remain in effect <br />through June 30, 2007. <br />Adopted this 24th day of January 2005. <br />