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ATTACHMENT .3 ~// <br />C~ <br />Recreation and Parks Facilities -Soccer Supertund <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 North Carolina, the following <br />capital project is hereby adopted. <br />Section 1. The project authorized provides funds to construct soccer fields at bath <br />existing and future park sites located throughout the County. Proceeds <br />from the 2Q01 voter approved bands finance the 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 $0 $0 $0 <br />2001 Bonds $500,000 $1,500,000 $2,000,000 <br />2004 Two-Thirds Net Debt $0 $0 $0 <br />Fees $0 $0 $0 <br />Other $0 $0 $0 <br />Total Fundin $500,000 $1,500,000 $2,000,000 <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-OS <br />Land Ac uisition $500,000 $500,000 $1,000,000 <br />Desi n $0 $0 $0 <br />Construction $0 $1,000,000 $1,000,000 <br />Other $0 0 $0 <br />To[al Costs $500,000 $1,500,000 $2,000,000 <br />