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Agenda - 11-20-2012 - 5g
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Agenda - 11-20-2012 - 5g
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Last modified
11/16/2012 3:59:32 PM
Creation date
11/16/2012 3:59:31 PM
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BOCC
Date
11/20/2012
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
5g
Document Relationships
Minutes 11-20-2012
(Linked From)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2012
ORD-2012-052 Approval of Budget Amendment 4a and Application for NC Educational Lottery Proceeds for OCS
(Linked From)
Path:
\Board of County Commissioners\Ordinances\Ordinance 2010-2019\2012
S Application Public School Building Capital Fund NC Education Lottery $230,000
(Linked From)
Path:
\Board of County Commissioners\Various Documents\2010 - 2019\2012
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Attachment 1 3 <br /> APPLICATION Approved: <br /> PUBLIC SCHOOL BUILDING CAPITAL FUND <br /> NORTH CAROLINA EDUCATION LOTTERY Date' <br /> County: Orange County Contact Person: Clarence Grier <br /> LEA: Orange County Schools Title: Assistant County Mgr,CFO <br /> Address: P.O. Box 8181,Hillsborough, NC Phone: (919)245-2453 <br /> Project Title: FY 2012-13 Debt Service(G.O.Bonds) <br /> Location: <br /> Type of Facility: <br /> North Carolina General Statutes, hapte,r 18C, provides that a portion of.the proceeds of the Norul <br /> Carolina State Lottery Fund be transferred.to the:Public School, uilding Capital Fund 1n.accorda�ce <br /> with G.S.1150-546.2 Further,G.iS 11,5E-546.2(ti)hasbeen emended..to rnclude the::fiollowtrig: <br /> _:(3)No.county shall have,_to provide matching funds <br /> (4)A county may use monies 1n this Fund to pay for school_construction prp ects 1n local school <br /> administrative units:and to retire,indebtedness incurred.for'school:constfu0' prpjects <br /> (5) A county may not use monies jn this,Fund to pay for school technology needs <br /> As used in this section,"Ppk lic School Bui!dings"shall rnclU e only,faciltties far individual schaois that <br /> are used for'instructional acid relatec purposes,an,d does riot include central administration, <br /> maintenance, or other facilities. Applications must be submitted wrthin one year follQw�ng the <br /> date.of Irna/payment to the Contractor.:or tlerrclor <br /> Short description of Construction Project: Debt Service associated with G.O. Bonds issued Fall 2005 for <br /> Orange County Schools 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 230,000.00 <br /> TOTAL $ 230,000.00 <br /> Estimated Project Beginning Date: July 2012 Est.Project Completion Date: June 2013 <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 request approval of the above <br /> project, and request release of$ 230,000.00 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) (Date) <br /> (Signature—Chair,Board of Education) (Date) <br /> Form Date: July 01,2011 <br />
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