Orange County NC Website
Attachment 1 <br />APPLICATION <br />PUBLIC SCHOOL BUILDING CAPITAL FUND <br />NORTH CAROLINA EDUCATION LOTTERY <br />County: Orange County <br />LEA: Chapel Hill - Carrboro City Schools <br />Address: 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 °;c hapter:.1;8C;. :.provides that -a portion _of the. proceeds .. of the North . <br />Carolina State. Lottery Fund betransferred to the Publle School Butldin� Capital Fund In accord <br />ance: <br />g1th_ G.S 115C -54*6 i.. Furthgr °G;S: ;1:15C -�46 2 (d) has.,been amended to include the;fglfoVVing: <br />(3) :No.county shall have to:provrde rnatc.. in funds <br />(4):A county.may use monies rn. this Fund'to pay for school constnaction protects, ih local school.. <br />adminis catve.:units'and to.. retire. . indebtedness •Inciarred:forsehsgi c ons tructio :n::projects;;.i.c:_;.::; ... i <br />(5) A county may not use monies in this Fund to pay fot school technology needs <br />.As. used in this section °:Pub lic:School13uildin s "ahall.include onl :facilities::for.:irid v�dualschooJs;that..': <br />b.. 9. .. Y.. . <br />are .used.forinstructional and relatecl:.purposes, aild does. nat. mciude _eentral:adminisfratian,': <br />maintenance, or other facilities, Appticatio is; nust.be submiffed :within on?.year o %lo,.wing. the. <br />date of final payment fo 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, 201 1 <br />0 <br />