Agenda - 06-26-2007-4gg - Laserfiche WebLink

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y~TT~c 1~ w~E ~v%' .3 I~ Central/Northern Orange Senior Center Capital Project Ordinance Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project is hereby adopted. Section 1. The project authorized provides funds to renovate the existing SportsPlex facility to accommodate a fifteen thousand square feet Central/Northern Orange Senior Center addition. The planned center will replace the Central Orange Senior Center currently located in leased space at the Meadowlands in Hillsborough. .Proceeds from the 2001 voter approved bonds and private placement loans from the General Fund and the SportsPlex Enterprise Fund finance the project. Section 2. The officers of the County are hereby directed to proceed with the project within the budget contained herein. Section 3. The following revenue is anticipated to complete this project: Through FY 2005-06 FY 2006-07 Through .FY 2006-07 Sales Tax $0 $0 $0 2001 Bonds $2,000,000 $0 $2,000,000 Alternative Financing $0 $4,000,000 $4,000,000 Fees $0 $0 $0 Other $0 $0 $0 Total Funding $2,000,000 $4,000,000 $6,000,000 Section 4. The following amount is appropriated for this project: Through FY 2005-06 FY 2006-07 Through FY 2006-07 Land Ac uisition $0 $0 $0 Planning/Architect/Engineering $100,000 $0 $100,000 Construction $1,900,000 $4,000,000 $5,900,000 Other $0 $0 $0 Total Costs $2,000,000 $4,000,000 $6,000,000 Section 5. This ordinance shall be in effect from the original date of adoption, March 24, 2003, until June 30, 2009. Adopted this 26th day of June 2007.