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ORD-2019-004 Application for NC Education Lottery Proceeds for CHCCS and Contingent Approval of BA #6-A Related to CHCCS CPOs
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ORD-2019-004 Application for NC Education Lottery Proceeds for CHCCS and Contingent Approval of BA #6-A Related to CHCCS CPOs
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5/14/2019 9:54:15 AM
Creation date
2/20/2019 11:38:08 AM
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BOCC
Date
2/19/2019
Meeting Type
Regular Meeting
Document Type
Ordinance
Agenda Item
8-c
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Agenda - 02-19-2019 8-c - Application for NC Education Lottery Proceeds for CHCCS and Contingent Approval of BA #6-A Related to CHCCS CPOs
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\Board of County Commissioners\BOCC Agendas\2010's\2019\Agenda - 02-19-19 Regular Meeting
Minutes 02-19-2019 Regular Meeting
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\Board of County Commissioners\Minutes - Approved\2010's\2019
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APPLICATION Approved : <br /> PUBLIC SCHOOL BUILDING CAPITAL FUND <br /> NORTH CAROLINA EDUCATION LOTTERY Date : <br /> County : Orange County Contact Person : Gary Donaldson <br /> LEA : Chapel Hill -Carrboro City Schools Title : Chief Financial Officer <br /> Address : P . O . Box 8181 , Hillsborough , NC Phone : ( 919 ) 245-2453 <br /> Project Title : FY 2018 - 19 Debt Service ( Limited Obligation Bonds - Series 2011 ) <br /> Location : <br /> Type of Facility : <br /> North Carolina General Statutes ; Chapter 18C , provides that a portion of the proceeds of the North j <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 /> i <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 ` indude 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 /> i <br /> Short description of Construction Project : Debt Service associated with the Limited Obligation Bonds - <br /> i <br /> Series 2011 ( Morris Grove Elementary ) <br /> Estimated Costs : <br /> Purchase of Land $ <br /> i <br /> Planning and Design Services ! <br /> New Construction <br /> Additions / Renovations <br /> i <br /> Repair j <br /> Debt Payment / Bond Payment 204 , 000 . 00 j <br /> TOTAL $ 204 , 000 . 00 <br /> i <br /> Estimated Project Beginning Date : 7/ 1 / 18 Est . Project Completion Date : 6/30/ 19 <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 $ 2041000M from the Public School <br /> Building C5pital Fund ( Lotte istribution ) . We certify that the project herein described is within the <br /> parameter of G . S . 115C1 <br /> 107 - <br /> il <br /> Signature — a , County Commi sioner ( Date ) , <br /> cift <br /> (Signature — Chair , Board of Education ) ( Date/ <br /> Form Date : July 01 , 2011 <br /> i <br />
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