Orange County NC Website
~Q`~-~o~ ~~~ <br />High School #3 <br />Chapel Hill-Carrboro City Schools <br />Capital Project Ordinance <br /> <br />Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of <br />Chapter 159 of the General Statutes of North Carolina, the following capital project is hereby adopted. <br />Section 1. The project authorized provides funds for the Chapel Hill-Carrboro City Schools to acquire <br />property for and begin planning for the design, construction, and equipping of a new high <br />school facility. Anticipated revenues. for the project consist of 2001 voter approved bond <br />funds, school construction impact fees, and a private placement loan. <br />Section 2. The officers of the County are hereby directed to proceed with the project within the budget <br />contained herein. <br />Section 3. The following revenue is anticipated to complete this project: <br /> oug <br />2002-03 <br />FY 2003-04 oug <br />2003-04 <br />Sales Tax $0 $0 <br />c o0 onstnzchon <br />act Fees <br />$0 <br />$4,130,523 <br />$4,130,523 <br />u is coo ut g <br />Funds <br />$0 <br />$0 <br />2001 Bonds $0 $0 <br />Other $0 $0 <br />Total Fundin $0 $4,130,523 $4,130,523 <br />Section 4. The following amount is appropriated for this project: <br /> Through FY <br />2002-03 <br />FY 2003-04 Through FY <br />2003-04 <br />C'ons~tnaction $0 $0 <br />Site ~ ition $0 $2,535,700 $2,535,700 <br />Site Devel $0 $0 $0 <br />Fees $0 $1,103,000 $1,103,000 <br />Mobile Classrooms $0 491,823 $491,823 <br />Technolo $0 $0 <br />Construction Con ' cY $0 $0 <br />One-Time Start Costs $0 $0 <br />Total $0 $4,130,523 $4,130,523 <br />Section 5. Pursuant to paragraph 5 of Orange County's "Policy on Planning and Funding School <br />Capital Projects", the Board of Commissioners will appoint one Commissioner <br />representative (Commissioner Margaret Brown) -and one or two staff representatives to <br />partner with school representatives as project plans develop. <br />