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Senior Centers Reserve <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 reserves funds to off-set costs associated with constructing one or more senior <br /> centers throughout the County. Proceeds from the County's portion of the one-half cent <br /> 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 Through - <br /> 1999-00 FY 2000-01 01 <br /> a es ax $100,000 , <br /> Bond un s <br /> Private Placement <br /> Fees <br /> Uffe-r <br /> Total Funding L==00,000 <br /> Section 4. The following amount is reserved for this purpose: <br /> Through Through <br /> 1999-00 FY 2000-01 2000-01 <br /> Senior Centers <br /> Reserve $100,000 $100,000 $200,000 <br /> Total Reserve $100,000 $100,000 , <br /> Section 5. This ordinance shall remain in effect until June 30, 2001. <br /> Adopted this 29'day of June 2000. <br />