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ATTACHMENT 6 <br />Triangle SportsPlex Annual Contract and Reserve ' Q <br />Capital Project Ordinance <br />Be it ordained by the Orange County Board of County Commissioners that pursuant to <br />Section 13,2 of Chapter 159 of the General Statutes of Narth Carolina, the following <br />capital project is hereby adopted, <br />Section 1. The project authorized provides funds in accordance with the operaticnal <br />agreement of a swimming pool to serve all areas of Orange County. <br />Proceeds from the County's portion of the ane half cent sales taxes <br />finance this project. <br />Section 2. The officers of the County are hereby directed to proceed with the project <br />within the budget contained herein. <br />Section 3. The following revenue is anticipated to complete this project: <br /> Through FY <br />2003-04 <br />FY 2004-05 Through FY <br />2004-05 <br />Sales Tax $3,700,000 $400,000 $4,100,000 <br />Bond Funds $0 $0 $0 <br />2004 Two-Thirds Net Debt $0 $0 $0 <br />Fees $0 $0 $0 <br />Transfer from General Fund $0 $40,000 $40,000 <br />Dedicated Pro e Tax $0 $0 $0 <br />Total Fuudin $3,700,OOD $440,000 $4,140,000 <br />Section 4. The following amount is appropriated for this project: <br /> Through FY <br />2003-04 <br />FY 2004-05 Through FY <br />2004-05 <br />Land/Buildin $0 $0 $0 <br />Desi $0 $0 $0 <br />Consfruction $0 $0 _ $0 <br />Other $0 $40,000 $40,000 <br />.ountn uhonto on- <br />Coun A ency <br />$3,700,000 <br />$400,000 <br />$4,100,000 <br />Total Costs $3,700,000 $440,000 $4,140,000 <br />Section 5. This ordinance supersedes all previous Triangle SportsPlex Capital <br />Project Ordinances for Orange County, <br />Section 6. This ordinance originally adopted June 29, 1992 and subsequently <br />amended, shall be in effect from July 1, 1998 until June 30, 2005, <br />Adopted this 17th day of May 2005, <br />