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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. Boc 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 <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 the Limited Obligation Bonds- <br /> Series 2011 (Morris Grove Elementary) <br /> Estimated Costs: <br /> Purchase of Land $ <br /> Planning and Design Services <br /> New Construction <br /> Additions 1 Renovations <br /> Repair <br /> Debt Payment/Bond Payment 225,000.00 <br /> TOTAL $ 225,000.00 <br /> Estimated Project Beginning Date: 711l2018 Est. Project Completion Date: 6/30/2019 <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, a quest release of$ 225,000.00 from the Public School <br /> Building apit I Fund (Lottery tri ution). We certify that the project herein described is within the <br /> parame rs o G.S. 115C-5 <br /> (Sljjiature—Ch ir)C unty Commissioners) (Date) <br /> � J1,4_6 � ), A..'_ A L( <br /> (Si tune—Chair, Board of Education) (Date) <br /> Form Date: July 01,2011 <br />