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Attachment 2 <br />Town of Chapel Hill Park Projects <br />Capital Project Ordinance <br />Project Number 69-606 <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 authorizes the County to contribute funds to the Town of Chapel Hill <br />to off set costs of constructing or upgrading parks. Funding is supported by <br />proceeds from the 1997 Bond Referendum. <br />Section 2. <br />Section 3. <br />Section 4. <br />Section 5. <br />The officers of the County are hereby directed to proceed with the project within <br />the budget contained herein. <br />The following revenue is anticipated to complete this project: <br /> Through FY <br />2001-02 <br />FY 2002-03 Through FY <br />2002-03 <br />Sales Tax $0 $0 $0 <br />1997 Bond Funds $350,000 $140,000 $490,000 <br />Private Placement ~ $0 $0 $0 <br />Fees $0 $0 $0 <br />Other $0 $0 $0 <br />Total Funding $350,000 $140,000 $490,000 <br />The following amount is appropriated for this project: <br /> Through FY <br />2001-02 <br />FY 2002-03 Through FY <br />2002-03 <br />Land/Building $0 $0 $0 <br />Design $0 $0 $0 <br />Construction ~ $0 $0 $0 <br />Other $0 $0 $0 <br />Homestead Community Park $145,000 $0 $145,000 <br />Southern Community Park $205,000 $140,000 $345,000 <br />Total Costs $350,000 $140,000 $490,000 <br />This ordinance shall remain in effect from September 5, 2000 until June 30, <br />2003. <br />Adopted this 1st day of April, 2003. <br />