Agenda - 09-20-2005-5d - Laserfiche WebLink

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ATTACHMENT Southern Orange Senior Center O Capital Project Ordinance Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project is hereby adopted. Section 1. The project authorized provides funds to plan and construct a new twenty - five thousand square foot Senior Center located at the Southern Human Service Center site on Homestead Road in Chapel Hill. The planned new facility will replace the current Chapel Hill Senior Center located in leased space in the Galleria on Elliott Road in Chapel Hill. Proceeds from the 2001 voter approved bond referendum and a private placement loan finance the project. Section 2. The officers of the County are hereby directed to proceed with the project within the budget contained herein. Section 3. Section 4. Section 7. The following revenue is anticipated to complete this project: The following amount is appropriated for this project: Through FY 2004- 05 FY 2005 -06 Through FY 2005 -06 Sales Tax $0 $0 $0 2001 Bonds $1,475,000 $525,000 $2,000,000 Private Placement $0 $4,150,000 $4,150,000 Fees $0 $0 $0 Other $0 $0 $0 Total Fundingi $1,475,000 $4,675,000 1 $6,150,000 The following amount is appropriated for this project: This ordinance shall be in effect from the original date of adoption, March 24, 2003, until June 30, 2006. Adopted this 20th day of September 2005. Through FY 2004 05 FY 2005 -06 Through FY 2005 -06 Land Acquisition $0 $0 $0 Planning/Architect/En gineering $325,000 $0 $325,000 Construction $1,150,000 $4,675,000 $5,825,000 Other $0 $0 $0 Total Costs $1,475,000 $4,675,000 $6,150,000 This ordinance shall be in effect from the original date of adoption, March 24, 2003, until June 30, 2006. Adopted this 20th day of September 2005.