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O .�Q - �Zoo �3- UJG <br /> gc 12 <br /> Equipment and Vehicles Project <br /> Capital Project Ordinance <br /> Project Number 61-412 <br /> Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 <br /> of Chapter 159 of the General Statutes of North Carolina, the following capital project is hereby <br /> adopted. <br /> Section 1. The project authorized provides funds to purchase County-owned vehicles and major <br /> equipment. The project will be financed with proceeds from the County's portion of the one <br /> half cent sales taxes, appropriated fund balance from the County Capital Projects Fund, and <br /> grant funds from the North Carolina Department of Transportation. <br /> Section 2. The officers of the County are hereby directed to proceed with the project within the budget <br /> contained herein. <br /> Section 3. The following revenue is anticipated to complete this project: <br /> Through FY <br /> 1998-99 FY 1999-00 Through FY 1999-00 <br /> Sales Tax $3,144,589 $956,850 $4,101,439 <br /> Bond Funds $0 $0 $0 <br /> Private Placement $0 $0 $0 <br /> Grant Funds $631,938 $45,000 $676,938 <br /> Other $20,000 $0 $20,000 <br /> Total Funding $3,796,527 $1,001,850 $4,798,377 <br /> Section 4. A portion of the funds available for this project have been expended. The following <br /> amendment is anticipated to close these amounts: <br /> Through FY 1998- <br /> 99 FY 1999-00 Through FY 1999-00 <br /> Transfer from County <br /> Capital Reserve(1992-93) $239,583 $0 $239,583 <br /> Transfer from County <br /> Capital Reserve(1993-94) $348,384 $0 $348,384 <br /> Transfer from County <br /> Capital Reserve(1994-95) $351,954 $0 $351,954 <br /> Intergovernmental(1992- <br /> 93) $32,935 $0 $32,935 <br /> Intergovernmental(1993- <br /> 94) $4,688 $0 $4,688 <br /> Intergovernmental(1994- <br /> 95) $128,822 $0 $128,822 <br /> Total $1,106,366 0 $1,106,366 <br />