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Agenda - 06-17-2014 - 6f
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Agenda - 06-17-2014 - 6f
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Last modified
6/2/2015 2:59:24 PM
Creation date
6/17/2014 12:35:04 PM
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BOCC
Date
6/17/2014
Meeting Type
Budget Sessions
Document Type
Agenda
Agenda Item
6f
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Minutes 06-17-2014
(Message)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2014
ORD-2014-026 Application for NC Education Lottery Proceeds for CHCCS and Contingent Approval of Budget Amendment # 9-A Related to CHCCS Capital Project Ordinances
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\Board of County Commissioners\Ordinances\Ordinance 2010-2019\2014
S Application - Public School Building Capital fund NC Education Lottery - Agenda 6-17-2014 - Item 6f
(Attachment)
Path:
\Board of County Commissioners\Various Documents\2010 - 2019\2014
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Attachment 1 <br />APPLICATION <br />PUBLIC SCHOOL BUILDING CAPITAL FUND <br />NORTH CAROLINA EDUCATION LOTTERY <br />County: <br />LEA: <br />Address <br />Orange County <br />Chapel Hill - Carrboro City Schools <br />P.O. Box 8181, Hillsborough, NC <br />Approved: <br />Date: <br />Contact Person: Clarence Grier <br />Title: Assistant County Mgr /CFO <br />Phone: (919) 245 -2453 <br />Project Title: FY 2013 -14 Debt Service (Fall 2006 Private Placement) <br />Location: <br />Type of Facility: <br />North.Carolina General Statutes, Ghapter_18C, provides,that a.portion.bfthe proceeds of the North: <br />Carolina State Lottery Fund be transferredao the:PublicSchool.:Building Capital Fund in! accordance <br />W ith G.S.:9.1.5C =5 6,2::: Further;. G:S. 15C- 546.2.. (0) has`been.a{t elh ed to-in udethe.followi <br />(3) No county shall have .to provide matching funds,:. <br />(4).A county may`use,monies..m this,Fund to pay #or; school.'construction : p [ ojects. �n local school.:`: <br />administrative units and to retire indebtedness ,incurred for school construction projects <br />(5) A county may not use monies in this Fund to.pay forschooi'technology needs. <br />As used in this section,': :Public. School :Buildings °:shall.include only facilities for.jndiv3dual_ schools that <br />are used for instructional and related_purposes, and does not include. central :administration, <br />maintenance, or other facilities. Applications_ most be submitted within one. year following the <br />date of final payment to the Contractor or Vendor.. <br />Short description of Construction Project: Debt Service associated with Fall 2006 Private Placement - <br />issued December 2006 for Chapel Hill - Carrboro City Schools ( Carrboro High School) <br />Estimated Costs: <br />Purchase of Land $ <br />Planning and Design Services <br />New Construction <br />Additions / Renovations <br />Repair <br />Debt Payment / Bond Payment 218,775.00 <br />TOTAL $ 218,775.00 <br />Estimated Project Beginning Date: July 2013 Est. Project Completion Date: June 2014 <br />We, the undersigned, agree to submit a statement of state monies expended for this project within 60 <br />days following completion of the project. <br />The County Commissioners and the Board of Education do hereby jointly request approval of the above <br />project, and request release of $ 218,775.00 from the Public School <br />Building Capital Fund (Lottery Distribution). We certify that the project herein described is within the <br />parameters of G.S. 115C -546. <br />(Signature — Chair, County Commissioners) (Date) <br />(Signature — Chair, Board of Education) (Date) <br />Form Date: July 01, 2011 <br />4 <br />
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