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ORD-2011-031 Application for NC Education Lottery Proceeds for Schools
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ORD-2011-031 Application for NC Education Lottery Proceeds for Schools
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Last modified
3/12/2019 3:12:41 PM
Creation date
12/7/2011 9:05:23 AM
Metadata
Fields
Template:
BOCC
Date
10/4/2011
Meeting Type
Regular Meeting
Document Type
Ordinance
Agenda Item
5g
Document Relationships
Agenda - 10-04-2011 - 5g
(Linked To)
Path:
\Board of County Commissioners\BOCC Agendas\2010's\2011\Agenda - 10-04-2011
Minutes 10-04-2011
(Attachment)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2011
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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 />
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