NSN ORD-1996-001 Budget Ordinance Amendment #4 and Grant and Capital Project Ordinances

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2/12/96 7:10 AM 9 MOTPOOL.XLS MOTPOOL Motor Pool Facility Project Capital Project Ordinance Project Number 61-840 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 is the construction of a centralized motor pool garage and new access road to the existing Public Works facility. This project will be financed with funds from the 1988 bond referendum , proceeds from the County's portion of the one half cent sales taxes, and an appropriation from the County Capital Project Fund Fund Balance. 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: 1988 Bond Funds(1990-91) $100,000 1988 Bond Funds(1991-92) $1,000,000 Total 1988 Bond Funds $1,100,000 Transfer from County Capital Reserve Fund(1991-92) $60,000 Transfer from General Fund(1995-96) $124,492 Transfer from Fairview Clay Cap(1995-96) $20,00 0 Total Transfers $204,492 County Capital Projects Fund Appropriated Fund Balance(1995.96) $89,758 Intergovermental(Town of Hillsborough) $43,54 0 Total Revenues $1,437,790 Section 4. The following amount is appropriated for this project: Motor Pool Improvements Project $1,437,790 Section 5. The ordinance supersedes all previous Motor Pool Improvements Capital Projects Ordinances. Section 6. This ordinance shall be in effect from the date of adoption until June 30, 1996. Adopted this 20th day of February 1996.