ORD-2005-041 - Approval of Fiscal year 2005-06 Budget Ordinance Capital Project Ordinance and Grant Project Ordinance

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Transportation Center Expansion Chapel Hill - Carrboro City Schools Capital Project Ordinance Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project is hereby adopted. Section 1.The project authorized provides funds for construction of an addition to the transportation center. Proceeds from the Schools' portion of the one -half cent sales taxes and Public School Building Funds finance this project. Section 2.The officers of the County are hereby directed to proceed with the project within the budget contained herein. Section 3.The following revenue is anticipated to complete this project: Section 4.The following amount is appropriated for this project: Througn FY 2004 -05 FY 2005 -06 I hrough 2005 -06 Sales Tax $225,000 0 $225,000 Impact Fees $0 0 $0 PSBF -- ,00 $0 $100,000 1992 Bond Funds $0 $0 1 $0 1997 Bond Funds $0 so 0 Total Project Funcling $3 25,000 0 325,000 Section 4.The following amount is appropriated for this project: Section 5. This ordinance supersedes all previous Transportation Center Expansion Capital Project Ordinances for the Chapel Hill - Carrboro City Schools. Section 6. This ordinance, originally adopted June 25, 2001, shall remain in effect until June 30, 2006. Adopted this 23rd day of June 2005. Through FY 2004 -05 FY 2005 -06 Through FY 2005 -06 Plan nin /Arch /En in 0 $0 0 Land /Assoc Fees $0 $0 0 Construction 325,000 0 $325,000 E ui ment/Furnishin s 0 $0 0 Other 0 $0 $0 Contingency Total 0 $325,000 0 f 0 0 $325,000 Section 5. This ordinance supersedes all previous Transportation Center Expansion Capital Project Ordinances for the Chapel Hill - Carrboro City Schools. Section 6. This ordinance, originally adopted June 25, 2001, shall remain in effect until June 30, 2006. Adopted this 23rd day of June 2005.