Orange County NC Website
Attachment 1 <br />Equipment and Vehicles Project <br />Capital Project Ordinance <br />Be it ordained by the Orange Caunty Baard of County Commissioners that pursuant to Section <br />13.2 of Chapter 159 of the General Statutes of North Carolina, the fallowing capital project is <br />hereby adapted. <br />Section 1.The project authorized provides funds to purchase County-owned vehicles and <br />major equipment. .The project will be financed with proceeds from the County's <br />portion of the one half cent sales taxes, appropriated fund balance from the County <br />Capital Projects Fund, and grant funds from the North Carolina Department of <br />.Transportation. <br />Section 2.The officers of the County are hereby directed to proceed with the project within the <br />budget contained herein. <br />Section 3.The follawing revenue is anticipated to complete this project: <br /> Through FY 1999- <br />00 <br />FY 2000-01 Through FY <br />2000-01 <br />Sales Tax, $4 101439 $721 000 $4 822 439 <br />Bond Fonds $0 $0 $0 <br />Private Placement $0 $0 $0 <br />Grant F11nds $676 938 $378 186 $1052 094 <br />Other $20,000 $0 $20,000 <br />Tatal Funding $4,798,377 $1,096,156 $5,894,533 <br />Section 4, A portion of the funds available for this project have been expended. The following <br />amendment is anticipated to close these amounts: <br /> Throu FY 1999-00 FY 2000-01 Throu h FY 2000-01 <br />Transfer from County <br />Capital Reserve (1992-93) $239 883 $0 $239,583 <br />Transfer from County <br />Capital Reserve (1993-94) $348 384 $0 $348,384 <br />Transfer from County <br />Capital Reserve (1994-95) $351 984 $0 $3S 1,954 <br />Intergovernmental (1992- <br />93) $32,935 $0 $32 938 <br />Intergovernmental (1993- <br />9a> $4,688 $0 $4,688 <br />Intergovernmental (1994- <br />95) $128,822 $0 $128,822 <br />TotaC $1,106,366 $0 $1,106,366 <br />2 <br />