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-7 <br /> 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 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 retrofit facilities for new technology systems. <br /> Proceeds from the 1992 bond referendum,the 1997 bond referendum, and the Schools <br /> portion of the County's one-half cent sales taxes finance this project. <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 1999-00 Through FY <br /> 1998-99 Appropriation 199940 <br /> Sales Tax $3,32=, $U- , $3,325,000 <br /> Inpact Fees <br /> 1992 <br /> on MEW— $2,000,007 $(T $2,000,000 <br /> 1997 <br /> on Funds $375,0007 $625,00E-75 nDUW <br /> Offie-7 <br /> Total Project Fun ding ,7UU,-UDTJ $625,000 1 $6,325,00 <br /> Section 4. The following amount is appropriated for this project: <br /> Tht UUrII PY t999-00 9phil UugjLJL A—L, <br /> 1998-99 Appropriation 1999-00 <br /> YIannMg/ArCb7FH--gm Z�/UU,UUU W F7UU,7W <br /> LancVAssoc Pees su $U Sa- <br /> Constmetion sI,UUU,UUU W 5I,UUU,UU(r <br /> EquipmenUkurfuslungs Z54,UUU,UUU zioz.-�,Uuu Z0,(3Z--),UUU <br /> Uffle—r Sir $U <br /> Contingency su II U <br /> Total Approprian on 'um ZM75,mw 56,325,UuIr <br /> Section S. This ordinance supersedes all previous Technology Application Capital Project Ordinances <br /> for the Orange County Schools system. <br /> Section 6, This ordinance shall remain in effect from July 1, 1998 until June 30, 2000. <br /> Adopted this sixteenth day of May 2000. <br />