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~aQ~J-~~ ay-o y~ <br />Southern Community Park ~ • p2 3 ~ d2Da <br />C 't I P t Ordinance <br />api a ro~ec <br />5 <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 the development of park facilities on a parcel <br />of land owned by the Town of Chapel Hill on US 15/501 South. Proceeds from the <br />1997 and 2001 bonds finance this project. <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 <br />2003-04 <br />FY 2004=05 Through FY <br />2004-OS <br />Sales Tax $0 $0 $0 <br />1997 Bond Funds $0 $795,000 $795,000 <br />2001 Bond Funds $0 $2,000,000 $0 <br />2004 Two-Thirds Net Debt . $0 $0 $0 <br />Grant Funds $0 $0 $0 <br />Fees $0 $0 $0 <br />Other $0 $0 $0 <br />Total Fundin $0 $2,795,000 $2,795,000 <br />Section 4.The following amount is appropriated for this project: <br /> Through FY <br />2003-(W <br />FY 2004-OS Through FY <br />2004-OS <br />L.arid/Building $0 $0 $0 <br />Design $0 $0 $0 <br />Construction $0 $0 $0 <br />Contribution to Town of <br />l ~ <br />$0 <br />$2,795,000 <br />$2,795,000 <br />Total Costs $0 $2,795,000 $2,795,000 <br />Section 5. This ordinance shall remain in effect from July 1, 2000 until June 30, 2005. <br />Adopted this 23rd day of June 2004. <br />