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2 <br />APPLICATION <br />PUBLIC SCHOOL BUILDING CAPITAL FUND <br />NORTH CAROLINA EDUCATION LOTTERY <br />County: <br />LEA: <br />Address: <br />Orange County <br />Approved: <br />Date: <br />Contact Person: Clarence Grier <br />Chapel Hill-Carrboro City Schools Title: <br />P.O. Box 8181 Hillsborough, NC Phone: <br />Financial Services Director <br />(919) 245-2453 <br />Project Title: ~' 2010-11 Debt Service (G.O. Bonds and 2007 Private Placement) <br />Location: <br />Type of Facility: <br />North Carolina General. Statutes, Chapter,18C,_provides that a portion of the proceeds of the North <br />Carolina State. Lottery Fund be transferredao the Pubhc,School Building Capital Rand in accordance <br />with G $ ;115C 546,.2 Ft:irther,,G.S 115C. 546 2, (d) has been amended to include the following:.. <br />• `(3) No county shall have to provide matching funds . `~ <br />(4) A county may use.mornes :in thts Fund to pay for school construction projects in local school <br />' admirnstratve units-,and to refire indebtedness incurred for school construction projects incurred on or ;. <br />after January 1, 2003. <br />{5) A county may not.use mornes in this Fund to pay for school technology needs. <br />Asused iri~thts section, "Public School Buildings° shall include only facilities forandividual schools that . <br />_.. <br />are used for tnstrucfional grid related purposes and does;not tclude central.adm'imstration, <br />,_ <br />maintenance, or otlier.facilittes Applications must be submitted w~thfn one year following the <br />date of final payment to the Cor-tractor or Vendor <br />Lottery:Funds receiVed.for FY.2010-1.1,may be used to pay classroom teachers; at the request of <br />the.local,6oard of'education {SL.2010 123) <br />Short description of Construction Project: Debt Service associated with G.O. Bonds -issued Sept. <br />2005 for Carrboro High School and 2007 Private Placement -issued June 2007 for Morris Grove Elem. <br />Estimated Costs: <br />Purchase of Land <br />Planning and Design Services <br />New Construction <br />TOTAL <br />Estimated Project Beginning Date: Jul-2010 <br />We, the undersigned, agree to submit a statement of state monies expended for this project within 60 <br />days following completion of the project. <br />The County Commissioners and the Board of Education do hereby jointly request approval of the above <br />project, and request release of $ 1,496,647.00 from the Public School <br />Building Capital Fund (Lottery Distribution). We certify that the project herein described is within the <br />parameters of G.S. 115C-546 (or SL 2010-123). <br />(Signature -Chair, County Commissioners) (Date) <br />Additions /Renovations <br />Repair <br />Debt Payment /Bond Payment <br />Classroom Teachers <br /> <br />1,496,647.00 <br /> <br />Est. Project Completion Date: Jun-2011 <br />(Signature -Chair, Board of Education) (Date) <br />Form Date: Sept. 9, 2010 <br />