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8 <br />Orange Couniy Board of Education <br />Resolution to i~mend the Orange~Caunty Capital improvement Ptari Funding <br />Policy <br />WHEREAS, The Qrange County Gcvemment is co;tsidering an amendment to its capital improvement <br />plan funding poiicy for the 2010-2011 fiscal year, <br />BE 1T, Tf~iEREFORE, RESOLVED, the Orange County Board of Education requests the County to <br />modify its Caprtal Funding Policy by (a} applyingto use accumulated lotteryfunds for debt service <br />payments provided an equal amount of funding is transferred fo the district's ZOZO-2011 GPand fib) <br />permitting current year withdrawals immediately after the state's quarSeriy lottery fund depos'r<. <br />This-the 1~ day of Novembers_ZD10. <br />~~ <br />Tony McKnight, Chair <br />Orange County Board of Education <br />~G. -Patrick Rhodes <br />Secretary to the Board of Education <br />