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River Park Development ~~ <br />Capital Project Ordinance <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 development of the open area <br />between the Eno River and the County government campus. Proceeds from <br />sales and property taxes finance this project. <br />Section 2. The officers of the County are hereby directed to proceed with the project within <br />the budget contained herein. <br />Section 3. The following revenue is anticipated to complete this project: <br /> Through FY <br />2004-OS <br />FY 2005-06 Through FY <br />2005-06 <br />Sales Tax $0 $50,000 $50,000 <br />Bond Funds $0 $0 $0 <br />2004 Two-Thirds Net Debt $0 $0 $0 <br />Grant Funds $0 $0 $0 <br />Fees $0 $0 $0 <br />Total Funding $0 $50,000 $50,000 <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 />LandBuilding $0 $0 $0 <br />Design $0 $0 $0 <br />Construction $0 $50,000 $50,000 <br />Other $0 $0 $0 <br />TotAl Casts $0 $50,000 $50,000 <br />Section 5. This ordinance shall remain in effect from until June 30, 2006. <br />Adopted this 15th. day of November 2005. <br />