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Central/Northern Orange Senior Center <br />Capital Project Ordinance <br />~~~-~oo~, ~~~ <br />G-a3-~oS <br />~~ <br />Be it ordained by the Orange County Board of County Commissioners that pursuant to <br />Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following <br />capital project is hereby adopted. <br />Section 1. The project authorized provides funds to acquire land. and construct a <br />fifteen thousand square feet Central/Northem Orange Senior Center in or <br />around the Hillsborough area. The planned center will replace the Central <br />Orange Senior Center currently located in leased space at the <br />Meadowlands in Hillsborough. Proceeds from the 2001 voter approved <br />bonds and a private placement loan finance the project. <br />Section 2. The officers of the County are hereby directed to proceed with the project <br />within the budget contained herein. <br />Section 3. The following revenue is .anticipated to complete this project: <br /> Through FY 200 <br />05 <br />FI' 2005-06 Through FY 2005- <br />06 <br />Sales Tax $0 $0 $0 <br />2001 Bonds $1,175,000 $0 $1,175,000 <br />Private Placement $0 $0 $0 <br />Fees $0 $0 $0 <br />Other $0 $0 $0 <br />Total Fundin $1,175,000 $0 $1,175,000 <br />Section 4. The following amount is appropriated for this project: <br /> Through FY 2004 <br />05 <br />FY 2005-06 Through FY <br />2005-06 <br />Land Ac uisition $0 $0 $0 <br />Planning/Architect/En <br />gineering <br />$100,000 <br />$0 <br />$100,000 <br />Construction $1,075,000 $0 $1,075,000 <br />Other $0 $0 $0 <br />Total Costs $1,175,000 $0 $1,175,000 <br />Section 7. This ordinance shall be in effect from the original date of adoption, March <br />24, 2003, until June 30, 2006. . <br />Adopted this 23rd day of June 2005. <br />