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

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Alternative School Orange County 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 to construct a 50 student alternative school for the Orange County Schools. Savings from the District's completed capital projects 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: nrougn Fy 2004 -05 FY 2005 -06 I nrougn 2005 -06 Sales Tax $0 $400,000 $400,000 Impact Fees $0 $0 $0 PSBF $0 $0 $0 1992 Bond Funds $0 $0 $0 1997 Bond Funds $0 $0 $0 rapsTe—r 57 rom ,Completed Projects 1 $200,000 $0 $200,000 Total Funding $200,000 $400,000 $600,000 Section 4.The following amount is appropriated for this project: Section 5. This ordinance remains in effect from July 1, 2002 until June 30, 2006. Adopted this 23rd day of June 2005. Through FY 2004 -05 FY 2005 -06 Through FY 2005 -06 Plannin /Arch /En in 1 $0 $0 $0 Land /Assoc Fees $60,000 $0 $60,000 Construction $140,000 $400,000 $540,000 Equipment/Furnishings $0 $0 1 $0 Other $0 $0 $0 Contingency $0 $0 $0 Total Costs $200,000 $400,000 $600,000 Section 5. This ordinance remains in effect from July 1, 2002 until June 30, 2006. Adopted this 23rd day of June 2005.