Orange County NC Website
20 <br />Environmental Resources Conservation and Preservation <br />Capital Project Ordinance <br />Be it ordained by the Orange County Board of County Commissioners that pursuant to Section <br />13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project is <br />hereby adopted. <br />Section 1. The project authorized is for the purchase of land for natural resource and <br />farmland preservation. Financing for the project includes proceeds from the <br />County's portion of the one-half cent sales taxes, a portion of property tax, and a <br />grant from the Clean Water Management Trust. <br />Section 2. The officers of the County are hereby directed to proceed with the project <br />within the budget contained herein. <br />Section 3. The following revenue is anticipated to complete this project: <br /> Through FY <br />1998-99 <br />FY 1999-00 Through FY <br />1999-00 <br />Sales Tax $0 $75,000 $75,000 <br />Bond Funds $0 $0 $0 <br />Private Placement $0 $0 $0 <br />Fees $0 $0 $0 <br />Grant $0 $143;000 $143,000 <br />Transfer from General Fund <br />(designated Property Tax) <br />$100,000 <br />$75,000 <br />$175,000 <br />Transfer from School/Park Capital <br />Reserve (accrued interest) <br />$0 <br />$7$,549 <br />$78,549 <br />Total Funding $100,000 $371,549 $471,549 <br />Section 4. The following amount is appropriated for this project: <br /> Through FY <br />199$-99 <br />FY 1999-00 Through FY <br />1999-00 <br />l:and/Building (Unallocated) $100,000 $71,452 $171,452 <br />Duke Forest Property Acquisition $0 $300,097 $300,097 <br />Design $0 $0 $0 <br />Construction $0 $0 $0 <br />Other $0 $0 $0 <br />Total Costs $100,000 $371,549 $471,549 <br />Section 5. This ordinance shall be in effect from July 1, 1998 until June 30, 2000. <br />Section 6. This ordinance supersedes all previous Conservation Easements Preservation <br />Capital Project Ordinances for Orange County. <br />Adopted this fourth day of April 2000. <br />