Orange County NC Website
J ATTACHMENT 3 <br />Recreation and Parks Facilities — Soccer Superfund <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 both <br />existing and future park sites located throughout the County. Proceeds <br />from the 2001 voter approved bonds 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. <br />The following revenue is anticipated to complete this project: <br />Section 4. The following amount is appropriated for this project: <br />Through FY <br />2003 -04 <br />FY 2004 -05 <br />Through FY <br />2004 -05 <br />Sales Tax <br />$0 <br />$0 <br />$0 <br />2001 Bonds <br />$500,000 <br />$1,500,000 <br />$2,000,000 <br />2004 Two - Thirds Net Debt <br />$0 <br />$0 <br />$0 <br />Fees <br />$0 <br />$0 <br />$0 <br />Other <br />$0 <br />$0 <br />$0 <br />Total Fundin <br />1 $500,0001 <br />$2,000,000 <br />Section 4. The following amount is appropriated for this project: <br />Through FY <br />2003 -04 <br />FY 2004 -05 <br />Through FY <br />2004 -05 <br />Land Acquisition <br />$508,500 <br />$0 <br />$508,500 <br />Planning /Architect/ <br />Engineering <br />$0 <br />$119,000 <br />$119,000 <br />Construction <br />$0 <br />$1,372,500 <br />$1,372,500 <br />Other <br />$0 <br />0 <br />$0 <br />Total Costs <br />$508,5001 <br />$1,491,5001 <br />$2,000,000 <br />