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ATTACHMENT 8 ~~ <br />Central Recreation Repairs <br />Capital Project Ordinance <br />Be it ordained by the Orange County Board of County Commissioners that pursuant to Section <br />13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project is <br />hereby adopted. <br />Section 1. The project authorized provides funds to renovate and repair the Central <br />Recreation facility located at the Whiffed Human Services Center in Hillsborough. <br />Proceeds from the 2004 Two-Thirds Net Debt Reduction Bonds finance this <br />project. <br />Section 2. The officers of the County are hereby directed to proceed with the project within <br />the budget contained herein. <br />Section 3. The following revenue is anticipated to complete this project: <br /> Through FY <br />2006-07 <br />FY 2007-08 Through FY <br />2007-08 <br />Sales Tax and Dedicated Property <br />Tax <br />$0 <br />$0 <br />$0 <br />Bond Funds $0 $0 $0 <br />2004 Tv~o Thirds Net Debt $635,000 $0 $635,000 <br />Grant Funds $0 . $0 $0 <br />Fees $0 $0 $0 <br />Other $0 $0 $0 <br />Total Fundin $635,000 $0 $635,000 <br />Section 4. The following amount is appropriated for this project: <br /> Tlu-ough FY <br />2006-07 <br />FY2007-08 Through FY <br />2007-08 <br />LandBuilding $0 $0 $0 <br />Design $65,000 $0 $65,000 <br />Construction $570,000 $0 $570,000 <br />HVAC $0 $0 $0 <br />Total Casts $635,000 $0 $635,000 <br />Section 5. The following amount have been transferred to the Homestead Community <br />Center Capital Project: <br /> Through FY <br />FY 2007-08 Through FY <br /> 2006-07 2007-08 <br />Transfer to Homestead Community <br />Center Capital Project (FY 2007- <br />08) $0 $60,000 $60,000 <br />Total Transfer $0 $60,000 $60,000 <br />