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<br />C. W. Stanford Renovation <br />Orange County Schools <br />Capital Project Ordinance <br />Be it ordained by the Orange County Board of County Commissioners that pursuant to Section <br />13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project is <br />hereby adopted. <br />Section 1.The project authorized provides funds for building renovations including science lab <br />renovations; replacements of doorframes, restroom tile, intercom system and air <br />handling system. Proceeds from the Schools' 1997 bond referendum and from the <br />Schools' share of pay-as-you-go capital funds finance this project. <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 /> Through FY <br />2006-07 <br />FY 2007-08 Through FY <br />2007-08 <br />Sales Tax $1,692,000 $500,000 $2,192,000 <br />Impact Fees $0 $0 $0 <br />PSBF $0 $0 $0 <br />1992 Bond Funds $0 $0 $0 <br />1997 Bond Funds $200,000 $0 $200,000 <br />Other $0 $0 $0 <br />Total Project Funding 1,892,000 $500,000 2,392,000 <br />Section 4.The following amount is appropriated for this project: <br /> <br />Throu h FY 2006-07 <br />FY 2007-08 roug <br />08 <br />Plannin /Arch/En in $0 $50,000 $50,000 <br />Land/Assoc Fees $0 $0 $0 <br />Construction $1,892,000 450,000 2,342,000 <br />E ui ment/Furnishin 0 0 0 <br />Other 0 $0 $0 <br />Contin enc $0 $0 $0 <br />Total A ro riation $1,892,000 $500,000 $2,392,000 <br />Section 5.This ordinance supersedes all previous C. W. Stanford Renovations Capital Project <br />Ordinances. <br />Section 6.This ordinance remains in effect from July 1, 1998 until June 30, 2008. <br />Adopted this 3rd day of May 2007. <br />