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4 <br /> C. W. Stanford Refurbishments <br /> Orange County Schools <br /> Capital Project Ordinance <br /> Project Number 64-860-7007 <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 hereby adopted. <br /> Section 1. The project authorized provides for converting present workshop space to a classroom and <br /> a modern technology lab. This project will be financed with proceeds from the Schools' <br /> portion of the one—half cent sales taxes. <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 General Fund(1993-94) $125,000 <br /> Transfer from General Fund(1994-95) $365,581 <br /> Transfer from OHS/Stanford Air Conditioning(1994-95) $68,556 <br /> Total Transfers from Other Funds $559,137 <br /> Public School Building Funds(1994-95) $419,419 <br /> Total Revenue $978,556 <br /> Section 4. The following amount is appropriated for this project: <br /> C.W. Stanford Refurbishments $978,556 <br /> Section 5. This ordinance supersedes all previous C.W.Stanford Refurbishments Capital Project <br /> Ordinances for the Orange County Schools System. <br /> Section 6. This ordinance,originally adopted June 29, 1993,shall be in effect until June 30, 1995. <br /> Adopted this 5th day of October 1994. <br /> MABUDGE 1\9495\ORDS\SCHCAMTANREF <br />