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3 <br />APPLICATION <br />PUBLIC SCHOOL BUILDING CAPITAL FUND <br />NORTH CAROLINA.EDUCATION LOTTERY <br />County: Orange County <br />LEA: Orange County Schools <br />Address: P.O. Box 8181 Hillsborough, NC <br />Approved: <br />Date: <br />Contact Person: Clarence Grier <br />Title: Financial Services Director <br />Phone: (919) 245-2453 <br />Project Title: ~ 2010-11 Debt Service (G.O. Bonds and 2006 Private Placement) <br />Location: <br />Type of Facility: <br />North Carolina General Statutes, Chapter18C, prouldes that a portion of the proceeds of-the North <br />Carolina State Lottery Ftard be transferred to-the Public School.Btiilding Capital Fund in accordance <br />,. <br />-with G.S. 1 ~ 5C 546.2. .Further, GS 11;50-5462.: (d) has .been amended fo mclutle.the following: <br />`,(3) No county shall have.#o provide matching funds... .- '> <br />~.. ; <br />(4) A county may. use monies m;this .Fund to pay for school construction projects in local schodl <br />admirnst[ative urnts::and to retire rdebtedriess incurred for chool construction projects incurred on or <br />... _ - <br />after, January 1, 2003. <br />(5) A county may not use monies inahis Fund to pay for school technology needs. <br />As used in this section Public School Buildings" shall include only facilities for individual schools that <br />are.used for instructional grid related purposes, and:does'not include central administration, <br />maintenance,. or other facilities. Appllca#lons, must be submitted within one year following the ~ <br />date of final payment to: the Contractor: or Vendor. <br />Lottery.. Funds received.lor FY 2010-11; may. be used to: pay classroom teachers, at the request of <br />'the local board of ed~catior (SL 2010 1.23) . <br />Short description of Construction Project: Debt Service associated with G.O. Bonds -issued Sept. <br />2005 for Gravelly Hill Middle and 2006 Private Placement (COPS) -issued April 2006 for Gravelly Hill <br />Estimated Costs: <br />Purchase of Land $ <br />Planning and Design Services <br />New Construction <br />Additions /Renovations <br />Repair <br />Debt Payment /Bond Payment 879,608.00 <br />Classroom Teachers <br />TOTAL $ <br />Estimated Project Beginning Date: Jul-2010 Est. Project Completion Date: Jun-2011 <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 $ 879,608.00 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 />(Signature -Chair, Board of Education) (Date) <br />Form Date: Sept. 9, 2010 <br />