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50 <br /> Hargraves Gymnasium Capital Project <br /> Capital Project Ordinance <br /> Project Number 61-669 <br /> Be it ordained by the Orange County Board of County Commissioners that pursuant to <br /> Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital <br /> project is hereby adopted. <br /> Section 1. The project authorized provides funds to the Town of Chapel Hill for <br /> renovation of the Hargraves Gymnasium. The project will be financed by <br /> proceeds from the County's portion of the one half cent sales taxes. <br /> Section 2. The officers of the County are hereby directed to proceed with the project <br /> within budget contained herein. <br /> Section 3. The following revenue is anticipated to complete this project: <br /> Transfer from General Fund(1996-97) $50,000 <br /> Transfer from General Fund(1997-98) $50,00 0 <br /> Total Revenue $100,000 <br /> Section 4. The following amount is appropriated for this project: <br /> Hargraves Gynasium $100,000 <br /> Section 6. This ordinance, originally adopted June 28, 1996, shall be in effect from July 1, <br /> 1996 until June 30, 1998. <br /> Adopted this 30th day of June 1997. <br /> \\Budget\sys\BUDGE719798\ORDS9798\COUCAP\HARGRAVE.DOC <br />