Orange County NC Website
6 <br /> Attachment 3. Technology Application Project <br /> Orange County Schools <br /> Capital Project Ordinance <br /> Be it ordained by the Orange County Board of County Commissioners that pursuant to Section <br /> 13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project is <br /> hereby adopted. <br /> Section 1.The project authorized provides funds to retrofit facilities for new technology <br /> systems. Proceeds from the 1992 bond referendum, the 1997 bond referendum, <br /> transfers from completed capital projects within the District, and the Schools' <br /> portion of the County's one-half cent sales tax finance this project. <br /> Section 2.The officers of the County are hereby directed to proceed with the project within the <br /> budget contained herein. <br /> Section 3.The following revenue is anticipated to complete this project: <br /> Through FY Through FY <br /> 2001-02 FY 2002-03 2002-03 <br /> Sales Tax $3,326,000 $0 $3,325,000 <br /> Impact Fees $0 $0 $0 <br /> PSBF $0 $0 $0 <br /> 1992 Bond Funds $2 000 000 $0 $2,000,000 <br /> 1997 Bond Funds $1290200 $0 $1,290,200 <br /> Transfer From Cedar Ridge High Sc $625,000 $625000 $1250,000 <br /> Total Project Funding, $7,240,200 $625,000 $7,865,200 <br /> Section 4.The following amount is appropriated for this project: <br /> Through FY Through FY <br /> 2001-02 FY 2002-03 2002-03 <br /> Plannin /Arch/En in $700 000 $0 $700,000 <br /> Land/Assoc Fees $0 $0 $0 <br /> Construction $1,625,000 $0 $1,6 5,000 <br /> Equipment/Furnishing" $4,915,200 $625,000 $5,540,200 <br /> Other $0 $0 $0 <br /> Contingency $0 $0 $0 <br /> Total Appropriation 7,240,200 625,000 1 $7,865,2-0-0 <br /> Section 5.The following amount is transferred from this project to the Cedar Ridge High <br /> School Construction Project: <br /> roug Through <br /> 2001-02 Appropriation 2002-03 <br /> Transfer to Cedar Ridge High <br /> School Construction Capital <br /> Project 0 225 000 225,000 <br /> Total Transfer 0 225,000 225 000 <br />