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Application: Public School Building Capital Fund Exhibit 2 <br /> Approved: <br /> Date: 2 <br /> County Orange County Contact Person: Sally Kost <br /> Address: P.O. BOX 8181 Title: Budget Director <br /> Hillsborough,NC 27278 Phone: (919) 732-8181 ext.2151 <br /> School Admin.Unit: Orange County <br /> Project Title: Hillsborough Elementary School Renovation <br /> Location: Hillsborough,NC <br /> Type Of Facility: Year Round Elementary School <br /> GS.115C-546.2(b) "Monies in the Fund shall be used for capital outlay projects including the planning, construction, <br /> reconstruction,enlargement,improvement,repair or renovation of public school buildings and for the purchase of land,for public <br /> school buildings. As used in this section, `public school buildings' only include facilities for individual schools that are used for <br /> instructional and related purposes and does not include centralized,administration,maintenance or other facilities." <br /> Short Description Of Construction Project: <br /> Renovations of a 6'grade center to an elementary school. Work includes cafeteria renovation, addition of <br /> carpet in the classrooms, wiring to accommodate technology, and techology equipment purchases. <br /> Estimated Costs: State Local Total <br /> Purchase of Land <br /> Planning <br /> Construction <br /> Renovation $200,000 $811,250 $1,011,250 <br /> Enlargement <br /> Repair <br /> Total $200,000 $811,250 $1,011,250 <br /> Bid DatesNendors: <br /> Contracts Signed/Dates: <br /> Estimated date of beginning of Construction <br /> Estimated date of completion <br /> MATCH: The Match funds of one dollar of local funds for every three dollars of State funds are from(source): Sales Tax <br /> and from impact fee revenue $262,774.15 of the matching funds have been expended for date/description: <br /> 1)Planning <br /> 2)Construction <br /> 3)Renovation $262,774.15 <br /> Total <br /> REPORTING REQUIREMENTS: We,the undersigned,agree to submit a statement of local/state amounts expended for each <br /> project in each local school administrative unit quarterly. The County Commissioners and the Board of Education do hereby <br /> jointly request approval of the above project and release of $200,000 from the Public School Building Capital Fund. We <br /> certify that the Project herein described is within the parameters of 115c-546.2(b)and that all of the match is available and <br /> designated as match for this project. <br /> (signature-Chair,County Commissioners) (date) (signature-Chair,Board of Education) (date) <br />