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z <br />Equipment and Vehicles Project <br />Capital Project Ordinance <br />Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 <br />of Chapter 159 of the General Statutes of North Carolina, the following capital project is <br />hereby adopted. <br />Section 1. The project authorized will provide for purchase of County -owned vehicles and major equipment. <br />The project will be financed with proceeds from the County's portion of the one half cent sales taxes <br />and grant funds from the North Carolina Department of Transportation. <br />Section 2. The officers of the County are hereby directed to proceed with the project within the <br />budget contained herein. <br />Section 3. The following revenue is anticipated to complete this project: <br />Transfer from County Capital Reserve Fund (1992 -93) $295,300 <br />Transfer from General Fund (1993 -94) 391,615 <br />Trans. f er from General Fund (1994 -95) 4659229 <br />Transfer from General Fund (1995 -96) 299,415 <br />Transfer from EMS Base 2 Project (1995 -96) 10.000 <br />Total Transfers from Other Funds $1,461,559 <br />Intergovernmental (1992 -93) $32,935 <br />Intergovernmental (1993 -94) 4t688 <br />Intergovernmental (1994 -95) 131.,129 <br />Total Intergovernmental l 752 <br />County Capital Fund Balance (1994 -95) 100000 <br />Total Revenue $19640.311 <br />Section 4. The following amount is appropriated for this project: <br />Equipment and Vehicles ,$1,6409311 <br />Section 5. This ordinance supersedes all previous Equipment Replacement Capital Project ordinances. <br />Section 6. This ordinance shall be in effect from the date of adoption until June 30, 1996. <br />Adopted this 17th day of October 1995. <br />M: \svDGETn9596 \OROs\COVCAPEQUIPREP <br />