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3 <br />Pathways Elementary Schaol Construction (Phase 2) <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 <br />of Chapter 159 of the General Statutes of North Cazolina, the following capital project is hereby <br />adopted. <br />Section 1. The project authorized provides funds to construct a new elementary school in the district. <br />Proceeds from the 1997 bond referendum, State bond funds, impact fees, and a fund balance <br />appropriation from the School Capital Projects Fund finance this project. <br />Section 2. The officers of the County are hereby directed to proceed with the project within the budget <br />contained herein. <br />Section 3. The following revenue is anticipated to complete this project: <br /> <br />Through FY <br />1998-99 1999-00 ou <br />Appropriatio FY <br />n 1999-00 <br />Sales Tax 0 0 0 <br />Im act Fees 0 1,053,543 1,053,543 <br />PSBF 0 0 0 <br />State Bond Funds 0 5,980,160 5,980,160 <br />1997 Bond Funds 0 1,774,820 1,774,$20 <br />Fund Balance <br />Appropriation from <br />School Capital Projecu <br />Fund <br /> <br />0 <br /> <br /> <br />9,530 <br /> <br /> <br />9,530 <br />TotaYPro'ectFundin 0 8,828,053 8,828,053 <br />Section 4. The following amount is appropriated for this project: <br /> Through FY <br />1998-99 1999-00 <br />Appropriation Through FY <br />1999-00 <br />Planain Arch/En ' 0 325,000 325,000 <br />Land/Assoc Fees 0 994,450 994,450 <br />Construction 0 6,494,4$1 6,494,481 <br />E ui znent/Furnishin 0 0 0 <br />Water & Sewer Lines 0 1,014,122 1,014,122 <br />Contin enc Q 0 0 <br />Total A ra riation 0 8,828,053 8,828,053 <br />Section 5. This ordinance shall remain in effect from September 7, 1999 until June 30, 2000. <br />Adopted this 29~' day of February 2000. <br />