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yr c~ <br />Parks Operations Base and County Storage Facility <br />Capital Project Ordinance <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 for the upfit of the previously <br />occupied Orange Enterprises facility on Valley Forge Road to be utilized <br />as office space for the Recreation Administrative office, as well as the <br />Park Operations Base. Proceeds from two-thirds net debt reduction <br />bonds finance this 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 <br />2004-05 <br />FY 2005-06 Through FY <br />2005-06 <br />Sales Tax $0 $0 $0 <br />2001 Bonds $0 $0 $0 <br />2004 Two-Thirds Net Debt $0 $230,000 $230,000 <br />Fees $0 $0 $0 <br />Other $0 $0 $0 <br />Total Funding $0 $230,000 $230,000 <br />Section 4. The following amount is appropriated for this project: <br /> Through FY <br />2004-05 <br />FY 2005-06 Through FY <br />2005-06 <br />Land/Buildin $ 0 $ 0 $ 0 <br />Design $U $0 $0 <br />Construction $0 $230,000 $230,000 <br />Other $0 $0 $0 <br />Total Costs $0 $230,000 $230,000 <br />Section 5. This ordinance shall be in effect until June 30, 2006. <br />Adopted this 18th day of October 2005. <br />