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..s,.:rt : :,.. ;: an;orda,rarxce:;.,8dc� ted;;', i�rsuanG,.,tv;Secton::2. o.: Ghavter. <br />:................. " :...... ..F......... <br />37ofh x.9..85 : Sess.irn :;La:a s'': ar baro> eet' on' >v <br />( %:�.::a. ?�...:::: . Cha to ::!:;9.3;6 <br />::8:::::;Se Lames::ha Sec.t�.cns:: >:::'1 > -1$' »; <`' of <br />.. <br />,..: <br />vr� :f a . 'f3tar :.e ;" Ctivin: .:.:. , t" "'I <br />...... <br />.:. .. n: ;vri: <br />Y <br />Section 5. The purpose of the tax authorized by this Part is <br />to generate funds to partially offset the cost of constructing new <br />capital facilities or replacing, expanding or improving existing <br />capital facilities necessitated in part by new growth within Orange <br />County. Accordingly, the net proceeds generated by the tax <br />authorized by this Part and distributed pursuant to Section 8 to <br />Orange County, Chapel Hill, and Carrboro, respectively, shall be <br />deposited by each local government in 'its capital reserve <br />improvements fund or funds established under Part 2 of Article 3 <br />of Chapter 159 of the General Statutes and may be expended only as <br />follows: <br />(1) Orange County 'may expend these funds to the extent <br />otherwise authorized by law on capital improvements <br />projects related to libraries, stormwater drainage, open <br />space and recreation, and on emergency and public safety <br />facilities, including jails. <br />(2) The Town of Chapel Hill and the Town of Carrboro may <br />expend these funds on capital improvements related to <br />roads and other transportation systems, stormwater <br />drainage, open space and recreation, and police and fire <br />stations. The funds may be spent by each municipality <br />6 <br />