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7 <br /> Efland Sewer Construction Project <br /> Capital Project Ordinance <br /> Be it ordained by the Orange County Board of County Commissioners that pusuant to Section 13.2 <br /> of Chapter 159 of the General Statutes of North Carolina, the following capital project is <br /> hereby adopted. <br /> Section 1. The project authorized is for the construction of a sewer system within the Efland Community. <br /> The project will be financed by an appropriation from the General Fund, bond proceeds, <br /> Senate Bill 2 Funds, an FMHA loan and State grant funds. <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 $212,829 <br /> Bond Proceeds 200,000 <br /> Intergovernmental 1,176,216 <br /> Total Revenue $1,389,045 <br /> Section 4. The following amount is appropriated for this project: <br /> Efland Sewer Construction Project $1,382,645 <br /> Transfer to Efland Sewer Enterprise Fund 6,400 <br /> Total Expenditures and Transfers $1,389,045 <br /> Section 5. This ordinance shall be in effect until June 30, 1994. <br /> Section 6. This ordinance supersedes all previous Efland Sewer Construction Capital Project Ordinances. <br /> Adopted this 29th day of June, 1993. <br /> M:\BUDGET19293\ORDS\COUCAP\EFSEWER <br />