Agenda - 06-26-1996 - VIII-F - Laserfiche WebLink

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Equipment and Vehicles Project 11 Capital Project Ordinance 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 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) 299,415 Transfer from EMS Base 2 Project(1995-96) 10.000 Total Transfers from Other Funds $1,461,559 Intergovernmental(1992-93) $32,935 Intergovernmental(1993-94) 4,688 Intergovernmental(1994-95) 131,129 Intergovernmental(1994-95) 123.750 Total Intergovernmental $292.502 County Capital Fund Balance(1994-95) 10.000 Total Revenue ,1.764,061 Section 4. The following amount is appropriated for this project: Equipment and Vehicles $1,764,061 Section 5. The officers of the County are hereby authorized to close the following from this project as of June 30, 1996: Revenues Transfer from County Capital Reserve(1992193) $239,583 Transfer from General Fund(1993194) $348,384 Transfer from General Fund(1994195) $351,954 Intergovernmental(1992193) $32,935 Intergovernmental(1993194) $4,688 Intergovernmental(1994195) $91,530 Appropriation Equipment and Vehicles ($1,069,074) Section 6. This ordinance supersedes all previous Equipment Replacement Capital Project Ordinances. Section 7. This ordinance shall be in effect from the date of adoption until June 30, 1996. Adopted this 26th day of June 1996.