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~~.tJ -raav 3_,0~ _~ S <br />-3-~~~-~o~ 2- <br />Orange County Satellite Campus of Durham Technical Community College ~~ <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 9 59 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 County's portion of land and . <br />construction costs for an Orange County. satellite campus for Durham Technical <br />Community College. Proceeds from a private placement loan finance the 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 />2001-02 <br />FY 2002-03 Through FY <br />02-03 <br />Sales Tax $0 $0 $0 <br />Bonds 2001 $0 $0 $0 <br />act Fees $0 $0 $0 <br />Private Placement $0 $1,000,000 $1,000,000 <br />Other $0 $0 $0 <br />Total Fundin $0 $1,000,000 $1,000,000 <br />Section 4.The following amount.is appropriated for this- project:.. <br /> Through FY <br />. 2001-02 <br />FY 2002-03 Through FY <br />~ 02-03 <br />Land $0 $1,000,000 $1,000,000 <br />Desi $0 $0 $0 <br />Construction $0 $0 $0 <br />Other $0 $0 $0 <br />Total Costs $0 $1,000,000 $1,000,000 <br />