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Agenda - 12-09-2003-9b
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Agenda - 12-09-2003-9b
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Last modified
9/1/2008 10:19:51 PM
Creation date
8/29/2008 10:37:01 AM
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BOCC
Date
12/9/2003
Document Type
Agenda
Agenda Item
9b
Document Relationships
2003 NS Manager - CHCCS -Proposed Addenda to Interlocal Agreement on CHCCS High School #3
(Linked From)
Path:
\Board of County Commissioners\Contracts and Agreements\General Contracts and Agreements\2000's\2003
Minutes - 20031209
(Linked To)
Path:
\Board of County Commissioners\Minutes - Approved\2000's\2003
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DRAFT <br />4. If the BOARD OF EDUCATION's design and plans for Phase <br />I of CHCCS high school #3 meet said smart-growth principles, the <br />BOARD OF COMMISSIONERS agrees to approve, by capital project <br />ordinance, an additional appropriation to the capital expense <br />fund of the BOARD OF EDUCATION of $2,200,000 more than <br />$27,800,000 for CHCCS high school #3. This appropriation shall <br />be derived from newly-identified funding sources rather than <br />funds already dedicated to BOARD OF EDUCATION projects, and <br />shall not require debt service by the BOARD OF EDUCATION. This <br />funding shall be provided through additional County debt of up <br />to $2.2 million through a form of alternative financing, <br />IN WITNESS WHEREOF the BOARD OF EDUCATION and the BOARD OF <br />COMMISSIONERS have caused their duly authorized officials to <br />execute this agreement the day and year first above written, <br />pursuant to authority duly given and as their respective acts, <br />intending to be bound thereby. <br />CHAPEL HILL-CARRBORO CITY <br />BOARD OF EDUCATION <br />ATTEST: <br />By: <br />Neil G. Pedersen, <br />Superintendent <br />By: <br />3 <br />Elizabeth Carter, Chair <br />Board of Education <br />~s <br />
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