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aoo~ I~ <br />G_ a~ <br />~~ <br />Central/Northern Orange Senior Center <br />Capital Project Ordinance <br />Be it ordained by the Orange County Board of County Commissioners that pursuant to <br />Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following <br />capital project is hereby adopted. <br />Section 1. The project authorized provides funds to acquire land and construct a <br />fifteen thousand square feet Central/Northern Orange Senior Center in or <br />around the Hillsborough area. The planned center will replace the Central <br />Orange Senior Center currently located in leased space at the <br />Meadowlands in Hillsborough. Proceeds from the 2001 voter approved <br />bonds and a private placement loan finance the project. <br />Section 2. The officers of the County are hereby directed to proceed with the project <br />within the budget contained herein. <br />Section 3. The following revenue is anticipated to complete this project: <br /> Through FY <br />2002-03 <br />FY 2003-04 Through FY <br />2003-04 <br />Sales Tax $0 $0 <br />2001 Bonds $100,000 $100,000 <br />Private Placement $0 $0 <br />Fees $0 $0 <br />Other $0 $0 <br />Total Funding $100,000 $0 $100,000 <br />Section 4. The following amount is appropriated for this project: <br /> Through FY <br />2002-03 <br />FY 2003-04 Through FY <br />2003-04 <br />Land Acquisition $0 $0 <br />Planning/Architect/En <br />gineering. <br />$100,000 <br />$100,000 <br />Construction $0 $0 <br />Other $0 $0 <br />Total Costs $100,000 $0 $100,000 <br />Section 7. This ordinance shall be in effect from the original date of adoption, March <br />24, 2003, until June 30, 2005. <br />Adopted this 26~' day of June 2003. <br />