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Middle School #3 <br />Orange County Schools <br />Capital Project Ordinance <br />Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of Chapter 159 <br />of the General Statutes of North Carolina, the following capital project is hereby adopted. <br />Section 1. The project authorized provides funds for the Orange County Schools to obtain options to purchase <br />property for the ultimate design, construction, and equipping of a new middle school facility. <br />Anticipated revenues for the project consist of 2001 voter approved bond funds. <br />Section 2. The officers of the County are hereby directed to proceed with the project within the budget contained <br />herein. <br />Section 3. The following revenue is anticipated to complete this project: <br /> 2002-03 FY 2003-04 2003-04 <br />Sales Tax $0 $0 $0 <br />School Construction <br />Impact Fees <br />$0 <br />$0 <br />$0 <br />Public School Building <br />Funds <br />$0 <br />$0 <br />$0 <br />2001 Bonds $0 $38,505 $38,505 <br />Other $0 $0 $0 <br />Total Fundin $0 $38,505 $38,505 <br />Section 4. The following amount is appropriated for this project: <br /> Through FY <br />2002x03 <br />FY 2003-04 Through FY <br />2003-04 <br />Constriction $0 $0 <br />rte ikon ors to <br />Purchase) <br />$0 <br />$38,505 <br />$38,505 <br />Site Devel t $0 $0 <br />Fees $0 $0 $0 <br />Moveable t $0 $0 <br />Technolo $0 $0 <br />Constriction Con ~ $0 $0 <br />One-Time Start Costs $0 $0 <br />Total $0 $38,505 $38,505 <br />Section 5. This ordinance will remain in effect from July 1, 2003 through June 30, 2004. <br />Adopted this 26`~ day of June, 2003. <br />