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New Hope Creek Corridor Project Yh b <br /> Capital Project Ordinance <br /> Be it ordained by the Orange County Board of County Commissioners that pursuant to Section <br /> 13.2 of Chapter 159 of the General Statutes of North Carolina,the following capital project is <br /> hereby adopted. <br /> Section 1. The project authorized will provide for a wildlife habitat and hiking and biking <br /> trails along a twenty-three mile corridor from rural Orange County to Jordan <br /> Lake. Proceeds from the County's portion of the one-half cent sales taxes and <br /> subdivision payment-in-lieu funds finance this project. Fiscal year 2000-01 is the <br /> final year of the agreement with Triangle Land Conservancy for contribution to <br /> this project. <br /> Section 2. The officers of the County are hereby directed to proceed with the project within <br /> the budget contained herein. <br /> Section 3. The following revenue is anticipated to complete this project: <br /> Through Through <br /> 1999-00 FY 2000-01 2000-01 <br /> Sales Tax $5,000 > <br /> Bond un s <br /> Private Placement <br /> Fees <br /> Other $70,000 s15,000 > <br /> Total un ing $75,000 <br /> Section 4. The following amount is appropriated for this project: <br /> Through Through <br /> 1999-00 FY 2000-01 2000-01 <br /> an mg <br /> Design <br /> Construction <br /> er , > <br /> Total Costs $75,0 $15,0 <br /> Section 5. This ordinance supersedes all previous New Hope Creek Corridor Capital Project <br /> Ordinances for Orange County. <br /> Section 6. This ordinance,originally adopted June 26, 1995 and subsequently amended, shall <br /> remain in effect until June 30, 2001. <br /> Adopted this 29'b day of June 2000. <br />