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~ ~ ~~ <br />Hillsborough Elementary Renovation <br />Orange County Schools <br />Capital Project Ordinance <br />Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of <br />Chapter 159 of the General Statutes of North Carolina, the following capital project is hereby adopted. <br />Section 1. The project authorized provides funds for the construction of a new media center, <br />bathrooms, an administrative center, and amulti-building ramping system at Hillsborough <br />Elementary. Proceeds from the Schools' 1997 bond referendum and Pay-As-You-Go funds <br />finance this project. <br />Section 2. The officers of the County are hereby directed to proceed with the project within the budget <br />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 $500,000 $500,000 <br />Impact Fees $0 $0 <br />PSBF " $0 $0 <br />1992 Bond Funds $0 $0 <br />1997 Bond Funds $0 $0 <br />2001 Bond Funds $900,000 $900,000 <br />Total Funding $1,400,000 $0 $1,400,000 <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 />Plannin Arch/En in $82,600 $82,600 <br />Land/Assoc Fees $0 $0 <br />Construction $1,317,400 $1,317,400 <br />E ui ment/Furnishin s $0 $0 <br />Other $0 $0 <br />Contin enc $0 $0 <br />Total Costs $1,400,000 $0 $1,400,000 <br />Section S. This ordinance remains in effect from July 1, 2002 until June 30, 2004. <br />Adopted this 26th day of June 2003. <br />