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Attachment 1 <br />APPLICATION Approved: <br />PUBLIC SCHOOL BUILDING CAPITAL FUND <br />NORTH CAROLINA EDUCATION LOTTERY Date. <br />County: Orange County Contact Person <br />LEA: Orange County Schools Title: <br />Address: P.Q. Box 8181, Hillsborough, NC Phone: <br />Gary Donaldson <br />Chief Financial Officer <br />(919) 245 -2453 <br />Project Title: FY 2417 -18 Debt Service (2001 Bonds - issued in 2005 - Series 2011 Refunding <br />Location: <br />Type of Facility: <br />North Carolina. General Statutes, Chapter 18C, provides that a portion of the proceeds of the North <br />Carolina State Lottery Fund be transferred to the Public School Building Capital Fund in accordance <br />with G.S. 115C- 546.2. Further, G.S. 115C -546,2 (d) has been amended to include the following: <br />(3) No county shall have to provide matching funds... <br />(4) A county may use monies in this Fund to pay for school construction projects in local school <br />administrative units and to retire indebtedness incurred for school construction projects. <br />(5) A county may not use monies in this Fund to pay for school technology needs. <br />As used in this section, "Public School Buildings" shall include only facilities for individual schools that <br />are used for instructional and related purposes, and does not include central administration, <br />maintenance, or other facilities. Applications must be submitted within one year following the <br />date of final payment to the Contractor or Vendor. <br />Short description of Construction Project: Debt Service associated with 2001 Bonds - issued in 2005 - <br />Series 2011 Refunding - issued in November 2011 (Gravelly HIII Middle School) <br />Estimated Costs: <br />Purchase of Land $ <br />Planning and Design Services <br />New Construction <br />Additions / Renovations <br />Repair <br />Debt Payment ! Bond Payment 541,188.00 <br />TOTAL <br />Estimated Project Beginning Date: 7/1117 <br />$ <br />541,188.00 <br />Est. Project Completion Date: 6130118 <br />We, the undersigned, agree to submit a statement of state monies expended for this project within 60 <br />days following completion of the project. <br />The County Commissioners and the Board of Education do hereby jointly request approval of the above <br />project, and request release of $ 541,188M from the Public School <br />Building Capital Fund (Lottery Distribution). We certify that the project herein described is within the <br />parameters of G. S- 1150 -546. <br />(Signature --- Chair, County Commissioners) <br />(Signature <br />Chair, Board of Education <br />Form rate: July 01, 2011 <br />- -._... - (Date) - -.. <br />(Date) <br />C! <br />