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

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12 ` Facilities Improvements Project Capital Project Ordinance Project Number 61-415 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 an updated assessment of Orange County facilities and set aside funds for needed improvements to these buildings. This project will be financed with proceeds from the County's portion of the one-half cent sales taxes. 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(1991-92) $30,000 Transfer from County Capital Reserve Fund(1992-93) $169,800 Transfer from General Fund(1993-94) $55,000 Transfer from Court Facilities Project(1993-94) $30,000 Transfer from General Fund(1994-95) 555.704 Total Revenues 5340.504 Section 4. The following amount is appropriated for this project: Facilities Improvements Project $340,504 Section 5. A portion of the available funds for this project have been transferred to the New Courthouse Renovation,Historic Courthouse,Northern Human Services Center, and Facilities Improvements Capital Projects. Section 6. The following amendments are anticipated to complete this transfer: Transfer to New Courthouse Renovation Project(1994-95) $110,000 Transfer to Historic Courthouse Restoration Project(1995-96) $74,600 Transfer to Northern Human Services Center Project(1995-96) $11,000 Section 7. The officers of the County are hereby authroized to close the following from this project as of June 30,1996: Revenues Transfer from County Capital Reserve(1991192) $22,653 Transfer from County Capital Reserve(1992193) $26,064 Appropriation Facilities Improvements Project ($48,717) Section 8. This ordinance supersedes all previous Facilities Improvements Reserve Capital Project Ordinances. Section 9. This ordinance,originally adopted June 25, 1991 and subsequently amended,shall be in effect until June 30, 1996 Adopted this 26th day of June 1996.