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;Z.0 6 <br /> Triangle Sportsplex Project <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 provides funds in accordance with the operational <br /> agreement of a swimming pool to serve all areas of Orange County.Proceeds <br /> from the County's portion of the one half cent sales taxes finance this project. <br /> Section 2. The officers of the County are hereby directed to proceed with the project <br /> within the budget contained herein. <br /> Section 3. The following revenue is anticipated to complete this.project: <br /> Through FY Through FY <br /> 1999-00 FY 2000-01 2000-01 <br /> Sales Tax $2,100,0 $400,0 $2,500,0 <br /> on Funds $0 $0 <br /> Private Placement $0 $0 $0 <br /> Fees $0 $0 $0 <br /> Other $0 0 <br /> Total ru—ndfin—g $2,100,01 $400,OW $2,500,0_ <br /> Section 4. The following amount is appropriated for this project: <br /> Through-FY— Through FY <br /> 1999-00 FY 2000-01 2000-01 <br /> Land/Building <br /> re—sign <br /> Construction $0 $0 $0 <br /> $2,100,000 $400,0001 $2,-SU0—,6W <br /> Total CFs—ts $2,100, $4U0,000 $2,500,009 <br /> Section 5. This ordinance supersedes all previous Triangle Sportsplex Capital Project <br /> Ordinances for Orange County. <br /> Section 6. This ordinance originally adopted June 29, 1992 and subsequently amended, <br /> shall be in effect from July 1, 1998 until June 30,2001. <br /> Adopted this 29'day of June 2000. <br />