Agenda - 06-23-2004-5h - Laserfiche WebLink

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APPLICATION Approved: PUBLIC SCHOOL BU ILDING CAPITAL FUND Date: County: Orange Contact: Donna Dean Address: Post Office Box 8181 Hillsborough NC 27278 Title: Budget Director School Admin Unit: Orange County Schools Phone: (9191245-2151 Project Title: 2003-04 Debt Service - A.L. Stanback Location: Type of Facility G,S. 115C - 546,2(b) "Counties shall use monies in the Fund for capital outlay projects including the planning, construction, reconstruction, enlargement, improvement, repair, or renovation of public school buildings and for the purchase of land for public school buildings; for equipment to implement a local school technology plan that is approved pursuant to G.S. 115C-102,6C; or for both. Monies used to implement a local school technology plan shall be transferred to the State School Technology Fund and allocated by that Fund to the local school administrative unit for equipment. As used in this section, "public school buildings" only includes facilities for individual schools that are used for instructional and related purposes and does not include centralized administration, maintenance, or other facilities," Short Description of Construction Project: 1992 voter approved bonds funded the following projects for the Orange County School District: Project Bond Amount Construction of AL Stanback Middle School 11,2D0,000 Estimated Costs: State Local Total Purchase of Land Planning Construction Renovation Enlargement Repair School Technology FY 2003-04 Debt 630 115 210 038 840153 Service Payment Total $630,115 $210,038 $840,153 Bid DatesNendors Contracts Signed/Dates Estimated date of beginning of construction Estimated date of completion Match: The matching funds of one dollar of local funds for every three dollars of state funds are from (source): orooertv tax $210,038 of the matching funds have been expended forldateldescription: Date Purpose 8/1/2003 Debt Service 2/1/2004 Debt Service Reporting We, the undersigned, agree to submit a statement of state/local amounts expended for this project requirements: within 60 days of completion of the project The County Commissioners and the Board of Education do hereby jointly request approval of the above project and request release of 13,8,516 from the Public School Building Capital Fund. We certify that the project herein described is within the parameters of 115C-546.2(b) and that all of the match is available and designated as match of this project, m mis sioners Signature -Chair, County Co Date p ~ ~ ~{~ ~ J / Sicnatu -Chair; Board of Education Date