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Parks Operations Base and County Storage Facility <br />Capital Project Ordinance <br />Be it ordained by the Orange County Board of County Commissioners that pursuant to <br />Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following <br />capital project is hereby adopted. <br />Section 1. The project authorized provides funds for the upfit of the previously <br />occupied Orange Enterprises facility on Valley Forge Road to be utilized <br />as office space for the Recreation Administrative office, as well as the <br />Park Operations Base. Proceeds from two-thirds net debt reduction <br />bonds finance this project. <br />Section 2. The officers of the County are hereby directed to proceed with the project <br />within the budget contained herein. <br />Section 3. The following revenue is anticipated to complete this project: <br />Section 4. The following amount is appropriated for this project: <br />Through FY - <br />2006-07 <br />FY 2007-08 <br />Through FY <br />2007-08 <br />Sales Tax <br />$0 <br />$0 <br />$0 <br />2001 Bonds <br />$0 <br />$0 <br />$0 <br />2004 Two-Thirds Net Debt <br />$230,000 <br />$0 <br />$230,000 <br />Fees <br />$0 <br />$0 <br />$0 <br />Other <br />$0 <br />$0 <br />$0 <br />Total Funding,— <br />$230,000 <br />$0 <br />$230,000, <br />Section 4. The following amount is appropriated for this project: <br />Through FY <br />2006-07 <br />FY 2007-08 <br />Through FY <br />2007-08 <br />Land/Building <br />$0 <br />$0 <br />$0 <br />Design <br />$0 <br />$0 <br />$0 <br />Construction <br />$230,000 <br />$0 <br />$230,00 <br />Other <br />$0 <br />__$0 <br />$0 <br />Total Costs <br />$230,000 <br />$0 <br />$230,000 <br />