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l~ <br />Mechanical Systems <br />Chapel Hill-Carrboro City 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 to replace obsolete mechanical equipment <br />including boilers and electric heating and cooling systems. Proceeds from the <br />Schools' portion of the one-half cent sales taxes, alternative financing, and <br />transfers from completed projects within the District finance this project: <br />Section 2. The officers of the County are hereby directed to proceed with the project within <br />the budget contained herein. <br />Section 3. The following revenue is anticipated to complete this project: <br /> Through FY <br />2005-06 <br />FY 2006-07 Through FY <br />2006-07 <br />Sales Tax $1,540,490 $0 $1,540,490 <br />Im act Fees $0 $0 $0 <br />PSBF $0 $0 $0 <br />Transfers from Completed <br />Projects <br />$210,000 <br />$0 <br />$210,000 <br />Alternative Financing $1,930,000 $100,000 $2,030,000 <br />Total Pro'ect Funding $3,680,490 $100,000 $3,780,490 <br />Section 4. The following amount is appropriated for this project: <br /> Through FY <br />2005-06 <br />FY 2006-07 Through FY <br />2006-07 <br />Plannin /Arch/En in $112,000 $0 $112,000 <br />Land/Assoc Fees $25,000 $0 $25,000 <br />Construction $2,895,000 $100,000 $2,995,000 <br />E ui ment/Furnishin s $648,490 $0 $648,490 <br />Other $0 $0 $0 <br />Contin enc $0 $0 $0 <br />Total $3,680,490 $100,000 $3,780,490 <br />Section 5. This ordinance supersedes all previous Mechanical Systems Capital Project <br />Ordinances for the Chapel Hill-Carrboro City Schools. <br />Section 6. This ordinance, originally adopted May 21, 1997, shall remain in effect until June <br />30, 2007. <br />Adopted this 12th day of June 2007. <br />