Agenda - 03-04-2004-8d - Laserfiche WebLink

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High School #3 Chapel Hill-Carrboro City Schools Capital Project Ordinance n F ~. Y-~-h!i:iC~i+t„-toll l~ ~..~(/~ ~Cl Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 1.32 of Chapter 159 of the General Statutes of Noxtlr Carolina, the following capital project is hereby adopted.. Section 1. The project authorized provides funds for the Chapel Hill-Carrboro City Schools to acquire property for and begin planning foi° the design, conshuction, and equipping of a new high school facility.. Anticipated revenues for the project consist of 2001 voter approved bond fiords, school constniction impact fees, and a private placement loan. Section 2. The officers of the County are hereby directed to proceed with the project within the budget contained herein. Section 3. The following revenue is anticipated to complete this project: n•oug ~ 2002-03 FY 2003-04 u•oug ~ 2003-04 Sales Tax $0 $0 c xoo onstrucnon Im act Fees $0 $4,130,523 $4,130,523 u is coo ut mg Funds $0 $0 2001 Bonds $0 $0 Other $0 $0 Total Tundin $0 $4,130,523 $4,130,523 Section 4. The following amount is appropriated for this project: 11uough FY 2002-03 F'I'2003-04 Tluough FY 2003-01 Construction $0 $0 Site ttisition $0 $2,535,700 $2,535,700 Site Develo runt $0 $0 $0 Fea $0 $1,103,000 $1,103,000 Mobile Classroons $0 491,823 $491,823 Teclmolo $0 $0 Constnwtion Contu~ c $0 $0 One-Tvi~e Start U Costs $0 $0 Total Cos 50 $4,130,523 54,130,523 Section 5. Pursuant to paragraph 5 of Orange County's "Policy on Platming and Fturding School Capital Projects", the Board of Commissioners will appoint one Commissioner representative (Commissioner Margaret Brown) and one or two staff' representatives to partner with school representatives as project plans develop.