Agenda - 06-26-2007-6a - Laserfiche WebLink

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Section 5. In addition, the Orange County Board of Education plans to appropriate the following revenues to the project to cover construction costs. Section 6. The cost to site and construct Gravelly Hill Middle School totals $24,009,525. Through FY 2006 -07 FY 2007 -08 Through FY 2007 -08 Sales Tax Refunds $0 $0 $0 NCDOT Grant $50,000 $0 - $50,000 Additional are of Electrical Service $60,000 $0 $60,000 ofal Boarff of Education Funding $110,000 $0 $110,000 Section 6. The cost to site and construct Gravelly Hill Middle School totals $24,009,525. Section 7. This ordinance supersedes all previous Gravelly Hill Middle School capital project ordinances. Section 8. This capital project ordinance, originally adopted March 4, 2005, shall remain in effect through June 30, 2008. Adopted.this 26th day of June 2007. Through FY Through FY 2006 -07 FY 2007 -08 2007 -08 County 2001 OCS Middl e coo #3 Bond Funds $18,500,000 $0 $18,500,000 County 2001 Soccer Super Fund Bonds (to cover site development costs for West 10 Soccer Complex co- located at the Middle School #3 site) $237,525 $0 $237,525 Pay -As- You -Go Funds (Transfer from General Fund) $802,000 $0 $802,000 Transfer from County Capital Fund $60,000 $0 $60,000 Orange Got y Private Placement Funding $4,000,000 $0 $4,000,000 School Board Funds $410,000 $0 $410,000 otal Board of uca ion Funding $24,009,525 $0 $24,009,525 Section 7. This ordinance supersedes all previous Gravelly Hill Middle School capital project ordinances. Section 8. This capital project ordinance, originally adopted March 4, 2005, shall remain in effect through June 30, 2008. Adopted.this 26th day of June 2007.