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Equipment and Vehicles Project <br />Capital Project Ordinance <br />OQ~-~o~~ °~~ <br />~~ <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 to purchase County-owned vehicles and <br />major equipment. The project will be financed with proceeds from the County's <br />portion of the one half-cent sales taxes, appropriated fund balance from the County <br />Capital Projects. Fund, and grant funds from the U.S. Department of Justice and the <br />North Carolina Department of Transportation. <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 2003- <br />04 <br />FY 2004-OS Through FY <br />2004-05 <br />Sales Tax $498,295 $50,000 $548,295 <br />Bond Funds $0 $0 $0 <br />2004 Two-Thirds Net Debt $0 $0 $0 <br />Grant Funds $0 $0 $0 <br />Other $0 $0 $0 <br />Total Funding $498,295 $50,000 $548,295 <br />Section 4.The following amount is appropriated for this project: <br /> Through FY <br />2003-04 <br />FY 2004-OS Through FY <br />2004-05 <br />Land/Buildin $0 $0 ~ $0 <br />Design $0 $0 $0 <br />Construction $0 $0 $0 <br />Other $498,295 $50,000 $548,295 <br />Tota! Costs $498,295 $50,000 $548,295 <br />Section 5. <br />Section 6. <br />This ordinance supersedes all previous Equipment and Vehicle Capital Project <br />Ordinances. <br />This ordinance shall remain in effect from July 1, 1998 until June 30, 2005. <br />Adopted this 23rd day of June 2004. <br />