Orange County NC Website
DRAFT <br />7 <br />Section 5. In addition, the Orange County Board of Education plans to appropriate the following <br />revenues to the project to cover construction costs. <br /> nrough FY <br />2003-04 --- <br />FY 2004-05 i roug <br />2004-05 <br />Sales Tax Refunds $0 $300,000 $300,000 <br />NCDOT Grant $0 $50,000 $50,000 <br />Total Board 61 <br />Education Funding <br />$0 <br />$350,000 <br />$350,000 <br />Section 6. The cost to site and construct Orange County Schools Middle School #3 totals $22,608,091 <br />County 2001 OCS Middle <br />School #3 Bond Funds $825,005 $17,674,995 $18,500,000 <br />Fund Bonds (to cover site <br />development costs for West 10 <br />Soccer Complex co-located at <br />the Middle School #3 site $237,525 $0 $237,525 <br />Orange County Private <br />Placement Funding $0 $3,520,566 $3,520,566 <br />School Board Funds $0 $350,000 $350,000 <br />Total oar o Education <br />Funding $1,062,530 $21,545,561 $22,608,091 <br />Section 7. This ordinance supersedes all previous Orange County Schools Middle School #3 capital <br />project ordinances. <br />Section 8. This capital project ordinance, originally adopted March 4, 2004, shall remain in effect <br />through June 30, 2007. <br />Adopted this 24th day of January 2005,