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ORD - aol I - 008 <br />Qualified Schools Construction Projects <br />Chapel Hill -Carrboro City Schools and Orange County Schools <br />Capital Projects 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 construction of various Qualified <br />School Construction Bonds projects of Chapel Hill-Carrboro City Schools and <br />Orange County Schools. Proceeds from the Qualified School Construction Bond <br />Program fund these projects. <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 />2010-11 FY 2010-11 <br />Amendment Through FY <br />2010-11 <br />Sales Tax $0 $0 $0 <br />Qualified School <br />Construction Bond Funds <br />$0 <br />$9,899,440 <br />$9,899,440 <br />Impact Fees $0 $0 $0 <br />Lottery Proceeds $0 $0 $0 <br />Total Funding $0 $9,899,440 $9,899,440 <br />Section 4. The following amount is appropriated for this project: <br /> Through FY <br />2010-11 FY 2010-11 <br />Amendment Through FY <br />2010-11 <br />Plannin /Arch/En in $0 $0 $0 <br />Land/Assoc Fees $0 $0 $0 <br />Construction $0 $9,899,440 $9,899,440 <br />E ui ment/Furnishin s $0 $0 $0 <br />Contin enc $0 $0 $0 <br />Total Costs $0 $9,899,440 $9,899,440 <br />Section 5. This ordinance shall remain in effect until the Board of County Commissioners <br />takes action to amend the ordinance or close the project ordinance upon <br />completion of the project. <br />2 <br />Adopted this 15th day of February 2011. <br />