Orange County NC Website
Browse       Search
228 South Churton Street Project <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 Carolina, the following capital project is hereby adopted. <br />Section 1. The project authorized provides funds to purchase and renovate property located at 228 South <br />Churton Street in Hillsborough. Upon completion of the renovations, the Department of <br />Purchasing and Central Services will locate to the facility. Financing for the project includes <br />proceeds from a third parry fmancing arrangement and a portion of the County's one-half cent <br />sales taxes. <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 /> oug <br />1998-99 <br />FY 1999-00 oug <br />1999-00 <br />es ax <br />et e t <br />Reduction Bond <br />Finds <br /> <br />$0 <br /> <br />$0 <br /> <br />$0 <br />vase acement <br />rant s <br />Transfer from General <br />Fund (99/00) <br />$0 <br />$100,000 <br />$100,000 <br />oa g , <br />Section 4. The following amount is appropriated for this project: <br /> aug <br />1998-99 <br />FY 1999-00 oug <br />1999-00 <br />u mg , <br />sign , <br />onstructaon , <br />er <br />ota oats , <br />Section S. This ordinance shall remain in effect from July 1, 1998 until June 30, 2001. <br />Adopted this 29`s day of June 2000. <br />