Orange County NC Website
~J <br />Section 5. In addition, the Orange County Board of Education plans to appropriate the following <br />revenues to the project to cover construction costs, <br /> Through FY <br />2004-05 <br />FY 2005-06 Through FY <br />2005-06 <br />Sales Tax Refunds $300,000 $0 $300,000 <br />NCDOT Grant $50,000 $0 $50,000 <br />i Iona are o <br />Electrical Service <br />$0 <br />$60,000 <br />$60,000 <br />o a oar o <br />Education Fundin <br />$350,000 <br />$60,000 <br />$410,000 <br />Section 6. The cost to site and construct Gravelly Hill Middle School totals $23,078,091. <br /> Through FY Through FY <br /> 2004-05 FY 2005-06 2005-06 <br />oun i e c o0 <br />#3 Bond Funds $18,500,000 $0 $18,500,000 <br />Bonds (to cover site development <br />costs for West 10 Soccer Complex <br />ca-located at the Middle School #3 <br />site $237,525 $0 $237,525 <br />Transfer from Coun Capital Fund $0 $60,000 $60,000 <br />range oun riva e acemen <br />Fundin $4,000,000 $0 $4,000,000 <br />School Board Funds $350,000 $60,000 $410,000 <br />o a oar o uca ion <br />Fundin $23,087,525 $120,000 $23,207,525 <br />Section 7. This ordinance supersedes all previous Orange County Schools Middle School #3 capital <br />project ordinances. <br />Section 8, This capital project ordinance, originally adapted March 4, 2005, shall remain in effect <br />through December 31, 2007. <br />Adopted this 9th day of November 2005. <br />