Agenda - 06-02-2004-5g - Laserfiche WebLink

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APPLYCwt7ON APProved: PUBLIC SCHOOL SUEL.DINtx~ CAP{TAL FUND Date: County: AddreSS. branue Ppst Office fox 8781 Hillsborough NC ?~~8 O Contact: Donna Dean title: BudgeLDirector School Admin Unit: orange Coun ,hoots Phone: qty) 245.2151 Project Tilla: 003-04 Debt Service - Mrl7ouole Elemantarv School location: Type of Facility; G-S. 115C • 546.2(4) "Counties shall use monlas. in the Fund 9or capital pulley projects inciutling the planning, construction, recanetruction, enlargement, improvement. repair, of renavaticn of public school buildings and for the purchase oP land for public school buildings; for equipment to irnplemant a local school technology plan that is approved pursuant to G.S t 15C-t o2.6C; or for both- Monies used to Implement a local school technology plan shall be transferred to the State School Technology Fund and allocated by that Fund to the local school administrative unit for aquipmenL As used In this secdon, "public school buildings" only Includes facilities for Individual schools that are used for instructional and related purposes and tloas not iltClude centraii2ad administration, malntonance, or other facilities." Debi Service payments for private placement loan for construction of Short Description oP Construction Project; McDougle Elementary School in the Chapel Hiii Carrhon? Coy SCnooffi District Project Band Amount Construction of McDougle Elamertfary School 9.600.000 Estimated Coats: SGste Purchase of Land Planning Construction Renovation Enlargement Repair School Technology FY 2003.04 Debt i 046 5 Service Payment ~ `-~~ Tatar 51,046',509 Local Total "343 ,fj~3~ 1 95 346 5348,836 51,395,345 91d DatesNandors ConEracts Signad/Datsa Estimated dale of beginning of construction Estimated date of completion Match: The matching funds of on6 dollar of loyal funds for every three dollars of state funds era from (source): roe tax 5348,636 of the matching }unds have bean expended for/date/description: Dote P [ ose 7/1 5 /247 0 3 Debt Service 7/15/2003 Debt Service Reporting We, the Undersigned, agme to submit a 9tatament of state/local amounts expended for this project requiroments: within 60 days of completion of the project The County Commiselgners and the Ba9rd of Education do hereby jointly request opproval o} the above project antl request release of 902 000 from the PUbllc School Building Capital Fund. We certify that the project herein described 16 within the parameters of 116C-546.2(4) and that all o} the match is available and designated as match of this project. Date ~~ Date