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Central/Northern Orange Senior Center <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 to acquire land and construct a <br /> fifteen thousand square feet Central/Northern 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 Through FY <br /> 2004-05 FY 2005-06 2005-06 <br /> Sales Tax $0 $0 $0 <br /> 2001 Bonds $1,175,000 $825,000 $2,000,000 <br /> Private Placement $0 $0 $0 <br /> Fees $0 $0 $0 <br /> Other $0 $0 $0 <br /> Total Funding $1,175,000 $825,000 $2,000,000 <br /> Section 4. The following amount is appropriated for this project: <br /> Through FY Through FY <br /> 2004-05 FY 2005-06 2005-06 <br /> Land Acquisition $0 $0 $0 <br /> Planning/Architect/En ' eering $100,000 $0 $100,000 <br /> Construction $1,075,000 $825,000 $1,900,000 <br /> Other $0 $0 $0 <br /> Total Costs $1,175,000 $825,000 $2,000,000 <br /> Section 5. This ordinance shall be in effect from the original date of adoption, March <br /> 24, 2003, until June 30, 2006. <br /> Adopted this 18th day of October 2005. <br />