Agenda - 02-18-1997 - 8c - Laserfiche WebLink

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4 Equipment and Vehicles Project Capital Project Ordinance Project Number 61.412 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 will provide for purchase of County-owned vehicles and major equipment. The project will be financed with proceeds from the County's portion of the one half cent sales taxes,appropriated fund balance from the County Capital Projects Fund,and grant funds from the North Carolina Department of Transportation. 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: Transfer from County Capital Reserve Fund(1992-93) $295,300 Transfer from General Fund(1993-94) 391,615 Transfer from General Fund(1994-95) 465,229 Transfer from General Fund(1995-96) 294,415 Transfer from EMS Base 2 Project(1995.96) 10,000 Transfer from General Fund(1996-97) 497,964 Total Transfers from Other Funds $1,954,523 Intergovernmental(1992-93) 32,935 Intergovernmental(1993-94) 4,688 Intergovernmental(1994-95) 131,129 Intergovernmental(1995-96) 123,750 Intergovernmental(1996-97) 163,179 Total Intergovernmental $455,681 County Capital Fund Balance(1994-95) 10,000 Total Revenue $2,420,204 Section 4. A portion of the funds available for this project have been expended. The following amendment is anticipated to close these amounts: Transfer from County Capital Reserve(1992-93) $239,583 Transfer from County Capital Reserve(1993-94) $348,384 Transfer from County Capital Reserve(1994-95) $351,954 Intergovernmental(1992-93) $32,935 Intergovernmental(1993-94) $4,688 Intergovernmental(1994-95) $91,53 Total $1,069,074 Section 5. The following amount remains appropriated for this project: Equipment and Vehicles $1,313,838 Section 6. This ordinance supersedes all previous Equipment and Vehicles Capital Project Ordinances. Section 7. This ordinance, originally adopted June 28, 1992 and subsequently amended, shall be in effect from July 1, 1992 until June 30, 1997. Adopted this18th day of February,1997.