Orange County NC Website
Attachment 1 <br /> APPLICATION Approved : <br /> PUBLIC SCHOOL BUILDING CAPITAL FUND <br /> C EDUCATION Date : <br /> NORTH AROLINA E U ATION LOTTERY <br /> County : Orange Contact Person : Gary Donaldson <br /> Chapel Hill-Carrboro City LEA : p Y Title : Chief Financial Officer <br /> Address : P . O . Box 8181 Hillsborough , NC Phone : 919-245-2453 <br /> Project Title : FY 2022 -23 Debt Service (2012 Bonds - issued in April 2012 ) <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 Limited Obligation Bonds - <br /> Series 2012 ( Northside Elementary School ) and other improvements <br /> Estimated Costs : <br /> Purchase of Land $ <br /> Planning and Design Services <br /> New Construction <br /> Additions / Renovations <br /> Repair <br /> Debt Payment / Bond Payment 824 , 304200 <br /> TOTAL 824 , 304 . 00 <br /> Estimated Project Beginning Date : 7/1 /2022 Est. Project Completion Date : 6/30/2023 <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 , and request release of $ 8243304400 from the Public School <br /> Building Capital Fund ( Lottery Distribution ) . We certify that the project herein described is within the <br /> parameters of G . S . 115C-546 . <br /> 006 zt:L ko tzm2 <br /> ( ignatur — Chair, Cour y1commissioners) ( Date) <br /> (Signature — Chair, Board of Education ) ( Date) <br /> Form Date : July 01 , 2011 <br />