Orange County NC Website
~~ <br />I~[A~'EL I-IILL- <br />.~~t~-~B(~RC~ <br />. ,. <br />,/~ CITY SCHOOLS <br />Board Resolution: <br />Be it, therefore, resolved that the Board of Education approves of the amended CIP <br />for the 2010-2011 projects as presented and requests the County to modify its Capital <br />Funding Policy by (a) applying to use accumulated lottery funds for debt payments <br />provided an equal amount of funding is transferred to the districts 2010-11 CIP and <br />(b) permitting current year withdrawals immediately after the States quarterly <br />deposit. <br />Passed unanimously on August 12, 2010 <br />3 <br />Lincoln Center, 7~0 S. Merritt Mi; road ~ Chape! Nili, NG 27~1f3-2878 ~ ;919) 957-$211 a vvwnv.chccs.kiZ.nc.cs <br />