Orange County NC Website
<br />Athletic Facilities Improvements <br />Chapel Hill-Carrboro City Schools <br />Capital Project Ordinance <br />Be it ordained by the Orange County Board of County Commissioners fihat 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 equipment and improve athletic <br />facilities at various schools throughout the District. Proceeds from the Schools' <br />portion of the one-half cent sales taxes and alternative financing fund 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 FY 2006-07 Through FY <br />2006-07 <br />Sales Tax $1,287,387 $0 $1,287,387 <br />Im act Fees $0 $0 $0 <br />PSBF $0 $0 $0 <br />Alternative Financin $210,000 $855,000 $1,065,000 <br />1992 Bond Funds $0 $0 $0 <br />1997 Bond Funds $0 $0 $0 <br />Transfer from Scroggs <br />Elementar Capital Pro'ect <br />$70,000 <br />$0 <br />$70,000 <br />Total Pro'ect Fundin $1,567,387 $855,000 $2,422,387 <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 $45,000 $0 $45,000 <br />Land/Assoc Fees $0 $0 $0 <br />Construction $1,522,387 $855,000 $2,377,387 <br />E ui ment/Furnishin s $0 $0 $0 <br />Other $0 $0 $0 <br />Contin enc $0 $0 $0 <br />Total $1,567,387 $855,000 $2,422,387 <br />Section 5. This ordinance supersedes all previous Athletic Facilities and Playgrounds <br />Capital Project Ordinances for the Chapel Hill-Carrboro City Schools. <br />Section 6. This ordinance, originally adopted June 29, 1992, shall remain in effect until June <br />30, 2007. <br />Adopted this 12th day of June 2007. <br />