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Agenda - 12-02-1996 - 14c
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Agenda - 12-02-1996 - 14c
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11/14/2013 10:36:20 AM
Creation date
11/14/2013 10:36:18 AM
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BOCC
Date
12/2/1996
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
14c
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Minutes - 19961202
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\Board of County Commissioners\Minutes - Approved\1990's\1996
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4 <br /> Attachment 2 <br /> 7 . Debt incurred under the "two-thirds net debt reduction" <br /> rule shall be limited to instances where the health and <br /> safety of Orange County citizens are threatened. <br /> 8 . The amount to be appropriated to each school system for <br /> recurring capital expenditures shall be $750 , 000 . This <br /> appropriation shall be in effect for a period of at, <br /> least five years and includes funds for roof repairs. <br /> 9 . County capital expenditures w7th a cost of $30, 000 or <br /> more and useful life of at least five years shall be <br /> considered capital projects and accounted for in capital <br /> project funds. <br /> 10 . During each fiscal year, the Board shall Adopt a Five- <br /> Year Capital Improvements Program. The FZV-e-Year <br /> Program shall include anticipated county capital <br /> expenditures costing $30, 000 or more and anticipated <br /> school capital expenditures costing $50, 000 or more, as <br /> well as available financing sources. The first year of <br /> the dopted -Year Capital Improvements Program shall <br /> �e` i ccrporate into the .next annual operating budget <br /> :10 en 3ed 4,o the County Manager. <br />
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