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1 <br /> 1 <br /> Orange County <br /> Board of County Commissioners <br /> Action Agenda <br /> Item No VIII-C <br /> Action Agenda Item Abstract <br /> Meeting Date: May 14, 1996 <br /> Subject: Public School Building Fund Application/Budget Amendment#7 <br /> Department Budget Office Public Hearing Yes No—x_ <br /> Budget Amendment <br /> Needed Yes—x–No <br /> Attachment(s) Information Contact <br /> Sally Rost, Ext.2152 <br /> Public School Building Fund Application Telephone and Extension Number <br /> Revised Capital Project Ordinances: Hillsborough 732-8181 <br /> Chapel Hill High School Phase II Chapel Hill 968-4501 <br /> New Chapel Hill-Carrboro Elem School Durham 688-7331 <br /> Reserve for Future Projects Mebane 227-2031 <br /> Purpose <br /> To approve an application to the State Budget Office to release funds from Orange <br /> County's Public School Building fund account for the McDougle Elementary School <br /> Project and to approve the revised capital project ordinances reflecting this application. <br /> Background <br /> The Board of Commissioners approved as part of the 1994-1999 Capital Improvements <br /> Plan, Public School Building Funds totaling $381,190 to be used for the Chapel Hill High <br /> School Phase II Renovation project. Since that time, the Chapel Hill-Carrboro Board of <br /> Education has modified the scope of this project to include only a transportation center, <br /> eliminating, for the time being, renovations to academic space and the cafeteria area. <br /> Under the rules of the Public School Building Funds, support services space, such as a <br /> transportation center, cannot be financed using Public School Building Funds. County <br /> Staff has notified the State regarding the change in the scope of this project, and <br /> the State Budget Office has released the original application for these funds. <br /> To implement this application, a change in funding source between capital projects is <br /> necessary. The attached capital project ordinances make this technical amendment, <br /> These ordinances allow the Transportation Center to be financed from sales tax <br /> proceeds and meets the State requirements for the Public School Building Fund. <br /> In addition to the funding source change above, the 1995-2000 Capital Improvements <br /> Plan includes $455,462 in Public School Building Funds as part of the financing plan for <br /> McDougle Elementary School. These funds, combined with the $381,190 released from <br />