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8 <br /> budget by $39,000 to $88,437. $10,000 of these funds are to be used for contract legal <br /> services in FY 2021-22. <br /> SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal impact <br /> associated with this item. <br /> Series 2021 Financing — General Obligation Bonds <br /> 7. The County closed on the sale of Series 2021 General Obligation Bonds for Affordable <br /> Housing on July 8, 2021. This budget amendment provides for the Cost of Issuance and <br /> Underwriter's Discount related to the Series 2021 General Obligation Bonds financing <br /> package of $181,094 in the General Fund to be included in the overall Debt Service <br /> budgeted expenditures, and provides for the receipt of the financing proceeds to cover the <br /> cost of these expenditures in the General Fund. <br /> SOCIAL JUSTICE IMPACT: There are no Orange County Social Justice Goals associated <br /> with this item. <br /> Chapel Hill-Carrboro City Schools Capital Projects <br /> 8. The Chapel Hill-Carrboro City Schools (CHCCS) Board of Education has requested to <br /> close two (2) School Capital Projects that have ended or been held in contingency, and <br /> repurpose those available CHCCS funds of $2,373,024 to support completing the <br /> construction of the Chapel Hill High School addition. This budget amendment provides for <br /> the repurposing of available funds, and amends the following School Capital Project <br /> Ordinances: <br /> Major Facility Renovations— (-$1,733,892) - Project# 53053 <br /> Revenues for this project: <br /> Current FY FY 2021-22 FY 2021-22 <br /> 2021-22 Amendment Revised <br /> Alternative Financing $1,724,900 $1,724.900 $0 <br /> From General Fund $8,992 $8,992 $0 <br /> Total Project Funding $1,733,892 $1,733,892 $0 <br /> Appropriated for this project: <br /> Current FY FY 2021-22 FY 2021-22 <br /> 2021-22 Amendment Revised <br /> Contingency $1,733,892 $1,733,892 $0 <br /> Total Costs $1,733,892 $1,733,892 $0 <br /> Lincoln Center Conversion — (-$639,132) - Project# 53040 <br /> Revenues for thisproject: <br /> Current FY FY 2021-22 FY 2021-22 <br /> 2021-22 Amendment Revised <br /> 2016 Bonds $1,436,000 $639,132 $796,868 <br /> Total Project Funding $1,436,000 $639,132 $796,868 <br />