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Hillsborough Elementary School Renovations <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 renovate Hillsborough Elementary School. <br /> Proceeds from the Schools' portion of the one-half cent sales taxes, impact fees, Public <br /> School Building Funds, and savings from the A. L. Stanback Middle School Renovation <br /> capital project 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 2000-01 Through FY <br /> 1999-00 Appropriation 2000-01 <br /> Sales Tax 150,000 0 150,000 <br /> Impact Fees 623,750 0 623,750 <br /> PSBF 337,500 0 337,500 <br /> Bond un s <br /> rans er trom AL <br /> Stanback Renovation <br /> Project 50,000 0 50,000 <br /> Total Project Funding 1,161,250 0 1,161,250 <br /> Section 4. The following amount is appropriated for this project: <br /> Through FY 2000-01 Through FY . <br /> 1999-00 Appropriation 2000-01 <br /> Plannin Arch/En in 0 0 0 <br /> Land/Assoc Fees 0 0 0 <br /> Construction 1,161,250 0 1,161,250 <br /> E ui ment/Furnishin s 0 0 0 <br /> Other 0 0 0 <br /> Contingency 0 0 0 <br /> Total Appropriation 1,161,250 0 1,161,250 <br /> Section 5. This ordinance supersedes all previous Hillsborough Elementary Renovations Capital <br /> Project Ordinances. <br /> Section 6. This ordinance shall remain in effect from July 1, 1993 until June 30,2001. <br /> Adopted this 29'day of June 2000. <br />