Orange County NC Website
Browse       Search
(~(-. <br />Blackwood Farm Structure Stabilization <br />Capital Project Qrdinance <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 stabilize and preserve the structures <br />located at the Blackwood Farm. Proceeds from the 2004 Two-Thirds Net Debt <br />Bonds and the County's share of pay-as-you-go capital funds 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 />FY2006-D7 Through FY <br />2006-07 <br />Sales Tax and Dedicated <br />Property Tax <br />$0 <br />_ $50,000 <br />$50,000 <br />Bond Funds $0 $0 $0 <br />_ <br />2004 Two Thirds Net Debt $75,000 $0 $75,000 <br />Grant Funds $0 $0 _~ $0 <br />~ <br />Fees $0 $0 $0 <br />Other __ <br />$0 $0 $0 <br />Total Funding $75,OOD $50,000 $125,OOD <br />Section 4, <br /> Through FY <br />2005.06 <br />FY 2006.07 Through FY <br />2006-07 <br />Land/Building ^ $0 $0 $0 <br />Design $0 $0 $0 <br />Conslructian $75,000 $5D,000 _ $125,000 <br />HVAC $0 $0 <br />~ $0 <br />Total Costs $75,000 $50,000 $925,000 <br />Section 5, This ordinance supersedes previous Blackwood Farm Structure Stabilization <br />Capital Project Ordinances for Orange County Government. <br />Section 6. This ordinance shall remain in effect until .June 30, 2007. <br />The following amount is ap ro riated for this~ro'ect: <br />Adopted this 12th day of September 2006.. <br />