ORD-2000-116 Efland Cheeks Community School Park Project Capital Project Ordinance

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Efland-Cheeks Community School Park Project 6 Capital Project Ordinance Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project is hereby adopted. Section 1. The project authorized is the design and development of a community school park within the Efland-Cheeks Township. This project will be financed with proceeds from the County's portion of the one half cent sales taxes, subdivision payment-in-lieu funds, proceeds from the 1997 bond referendum, and an appropriation from the County Capital Fund Balance. Section 2. The officers of the County are hereby directed to proceed with the project within the budget contained herein. Section'3. The following revenue is anticipated to complete this project: Through Through 1999-00 FY 2000-01 2000-01 Sales Tax $28,250 $0 $28,250 Bond Fuids $819,440 $0 $819,440 Private Placement $0 $0 $0 Fees $0 $0 $0 Other $11,000 $0 $11,000 Total Funding $858,69U $858,690 Section 4. The following amount is appropriated for this project: Through Through 1999-00 FY 2000-01 2000-01 LandB tilding $5,000 $0 $5,000 Design $140,390 $0 $140,390 Cowtnxtion $713,300 $0 $713300 Other $0 $0 $0 ota osts $858,690 $0 58,690 Section I This ordinance supersedes all previous Efland-Cheeks Community School Park Capital Project Ordinances for Orange County. Section 6. This ordinance originally adopted June 25, 1991 and subsequently amended, shall be in effect until June 30,2001. Adopted this 29th day of June 2000.