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<br />APPLICATION Approved: <br />PUBLIC SCHOOL BUILDING CAPITAL FUND <br />NORTH CAROLINA EDUCATION LOTTERY Date: <br />County: Orange County Contact Person: <br />LEA; Grange County Schools <br />Address: P.O. Box 8181, Hillsborough, NC <br />Title: <br />Phone <br />(919) 245-2453 <br />-Project Title: FY 2011-12 Debt Service (G.O. Bonds) <br />Location: <br />Type of Facility: <br />North- Carolina General Sta#utes, Chapter 18C, provides that a portion of the proceeds of the North <br />Carolina State Lottery Fund be transferred to the .Public School Building Capital Fund in accordance <br />with G.S. 115C-546.2... Further, G.S. 115C-546.2 (d) has been amended to include the following: <br />(3) No county shall have to provide matching funds...= <br />(4) A county may use monies in this Fund to pay for school construction projects in local school <br />administrative units and to retire indebtedness incurred for school construction projects. <br />(5) A county may not use monies in this Fund to pay for school technology needs. <br />As-used in this section, "Public School Buildings"-shall include only facilities for-individual schools that <br />are used for instructional and rela#ed purposes, and does not include central administration, <br />maintenance, or other facilities. Applicat-ions must be submitted within one year foflowing the <br />date of final payment to fhe Contractor or Vendor. <br />Short description of Construction Project: Debt Service associated with G.O. Bonds -issued <br />September 2005 for Gravelly Hill Middle School <br />Estimated Costs: <br />Purchase of Land <br />Planning and Design Services <br />New Construction <br />Additions /Renovations <br />Repair <br />Debt Payment /Bond Payment <br />TOTAL <br />Estimated Project Beginning Date: July 2011 <br />524,292.00 <br />$ 524,292.00 <br />Est. Project Completion Date: June 2012 <br />We, the undersigned, agree to submit a statement of state monies expended for this project within 60 <br />days following completion of the project. <br />The County Commissioners and the Board of Education do hereby jointly requesf approval of the_above <br />project, and request release of $ 524,292.00 from the Public School <br />Building Capital Fund (Lottery Distribution). We certify that the project herein described is within the <br />parameters of G.S. 115C-546. <br />(Signature -Chair, County Commissioners) <br />(Date) <br />(Signature -Chair, Board of Education) <br />Clarence Grier <br />Financial Services Director <br />(Date) <br />6 <br />Form Date: July 01, 2011 <br />