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APPLICATION Approved: <br />PUBLIC SCHOOL BUILDING CAPITAL FUND Date: <br />County: Oran�3c a Contact: Donna Dean <br />Address: Post Office Box 8181 Hillsborough NC 27278 Title: Budget Director <br />School Admin Unit: Orange County Schools Phone: (919) 245 -2151 <br />Project Title: 2000 -01 Debt Service -A. L Stanback <br />Location: <br />Type of Facility: <br />G.S. 115C - 546.2(b) "Counties shall use monies in the Fund for capital outlay projects including the planning, <br />construction, reconstruction, enlargement, improvement, repair, or renovation of public school buildings and for the <br />purchase of land for public school buildings; for equipment to implement a local school technology plan that is approved <br />pursuant to G.S. 115C- 102.6C; or for both. Monies used to implement a local school technology plan shall be transferred <br />to the State School Technology Fund and allocated by that Fund to the local school administrative unit for equipment. As <br />used in this section, "public school buildings" only includes facilities for individual schools that are used for instructional <br />and related purposes and does not include centralized administration, maintenance, or other facilities." <br />Short Description of Construction Project: 1992 voter approved bonds funded the following projects for the Orange <br />County School District: <br />Project Bond Amount <br />Construction of A.L. Stanback Middle School 14,000,000 <br />Estimated Costs: State Local Total <br />Purchase of Land <br />Planning <br />Construction <br />Renovation <br />Enlargement <br />Repair <br />School Technology <br />FY 2000 -01 Debt $895,670 $298,556 $1,194,226 <br />Service Payment <br />Total $895,670 $298,556 $1,194,226 <br />Bid DatesNendors <br />Contracts Signed /Dates <br />Estimated date of beginning of construction <br />Estimated date of completion <br />Match: The matching funds of one dollar of local funds for every three dollars of state funds are from <br />(source): property tax <br />$298,556 of the matching funds have been expended for /date /description: <br />Date Purpose <br />08/01/2000 Debt Service <br />09/0112000 Debt Service <br />02101/2001 Debt Service <br />03/01/2001 Debt Service <br />Reporting We, the undersigned, agree to submit a statement of state /local amounts expended for this project <br />requirements: within 60 days of completion of the project <br />The County Commissioners and the Board of Education do hereby jointly request approval of the above project and <br />request release of $896,670 from the Public School Building Capital Fund. We certify that the project herein described is <br />within the parameters of 116C- 546.2(b) and that all of the match is available and designated as match of this project. <br />Signature.- <br />Date <br />SigrAbre - Chair, Board of Education J Date <br />