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County Campus Development �O le p' <br /> Capital Project Ordinance `mod <br /> Be it ordained by the Orange County Board of County Commissioners that pursuant to Section <br /> 13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project is <br /> hereby adopted. <br /> Section 1.The project authorized provides funds for the property acquisition and developing a <br /> master plan of a site to consolidate most County operations located in Hillsborough <br /> to one County campus. Alternative financing sources would finance the project. <br /> Section 2.The officers of the County are hereby directed to proceed with the project within the <br /> budget contained herein. <br /> Section 3.The following revenue is anticipated to complete this project: <br /> Through FY Through FY <br /> 2004-05 FY 2005-06 2005-06 <br /> Sales Tax $0 $0 $0 <br /> Bond Funds $0 $0 $0 <br /> 2004 Two-Thirds Net Debt $0 $0 $0 <br /> Grant Funds $0 $0 $0 <br /> Alternative Financing $0 $1,800,000 $1,800,000 <br /> Total Funding $0 $1,800,000 $1,800,000 <br /> Section 4.The following amount is appropriated for this project: <br /> Through FY FY 2005-06 Through FY <br /> 2004-05 2005-06 <br /> Land/Building $0 $1,800,000 $1,800,000 <br /> Design $0 $0 $0 <br /> Construction $0 $0 $0 <br /> Other $0 $0 $0 <br /> Total Budget $0 $1,800,000 $1,800,000 <br /> Section 5. This ordinance shall remain in effect until June 30, 2006. <br /> Adopted this 18th day of October 2005. <br />