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AIR CONDITIONING - OHS AND STANBACK 3 <br />ORANGE COUNTY SCHOOLS <br />CAPITAL PROJECT ORDINANCE <br />Be it ordained by the Board of Commissioners that pursuant to Section <br />13.2 of Chapter 159 of the General Statutes of North Carolina, the <br />following capital project is hereby adopted. <br />Section 1. The project authorized is for air conditioning and <br />electronic HVAC control systems at Orange High School and <br />A. L. Stanback Middle School. The project will be financed <br />by bond proceeds and appropriations from the School Capital <br />Reserve Fund. <br />Section 2. The officers of the County are hereby directed to proceed <br />with the project within the budget contained herein. <br />Section 3. The following revenue is anticipated to complete this <br />project: <br />Bond Proceeds $ 810,076 <br />Transfer from School Capital <br />Reserve Fund 794,272 <br />Total Revenue $1,604,348 <br />Section 4. The following amount is appropriated for this project: <br />Air Conditioning - OHS and $1,604,348 <br />Stanback Project <br />Section S. This ordinance supersedes all previous Air Conditioning - <br />OHS and Stanback Capital Project Ordinances. <br />Section 6. This ordinance shall be in effect from the date of adoption <br />until June 30, 1992. <br />Adopted this 24 day of March, 1992. <br />