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LGC 10$E :LOCAL GOVERNMENT COMMISSION <br /> . 325 North Salisbury Street, Raleigh, North Carolina 27611 <br /> CAPITAL BUDGET AND RELATED INFORMATION <br /> • - Date October 11, 1985 <br /> Unit Orange County - <br /> Note: A separate Form LGC 108B is required for each bond purpose listed on application. - <br /> I. Bond designation E land Cheeks Sewer Project <br /> Amount $200,000 • , <br /> 2. Purpose: (Describe in general terms nature of capital outlay) <br /> For the construction of a sewer collection -system•-to serve portions of Cheeks <br /> Township in Orange -County. <br /> 3. Necessity: (Describe in general terms why improvements are needed; Include copy of preliminary engineering report or other <br /> documents upon which applicant is relying.) See Attachment !L <br /> • <br /> 4. Consulting Engineer or Architect Hazen and Sawyer, P.C. <br /> 5. If costs were not the result of consultant's study,give basis of estimates <br /> 6. Capital budget-based on estimates determined as of _ August 7, 1985 <br /> Estimated Cost Funding Sources <br /> Construction Cost . . . $ '920,100 Available Cash $ <br /> Eng.or Arch.Fees. . . . 95,000 Future Appropriations. . <br /> Land and Rt.-of-way. . . 9,300 Grants(indicate source). . - <br /> L,eg,.i and Fiscal <br /> 26,000 _FMFIA 598,300 <br /> Administrative <br /> 0 .NC. CLean.Water . . . 170,000 <br /> Capitalized Interest 12,000 .Orange County 50,000 <br /> Contingency <br /> 91,900 Bonds . . . _. . . . . . . . 200,000 <br /> Other Orange County. 136,000 <br /> "loan" <br /> Total . . . - 7:,154,300 - Total ____x,154.300 <br /> • <br />