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APPLICATION Approved: <br />PUBLIC SCHOOL BUILDING CAPITAL FUND Date: ~'.~. Jps <br />NORTH CAROLINA EDUCATION LOTTERY - I~ <br />county: Orange County contact Person: Donna Coffey <br />LEA: Chapel Hili Carrboro City Schools Title: Budget Director <br />Address: PO Box 8181, Hillsborough, NC 27278 Phone: 919-245-2151 <br />Project Title: Phoenix Academy <br />Location: Metrit Mill Road, Chapel Hill, NC <br />Type of Facility: Alternative School <br />~NortYt Carolini3:General Statutes, Chapter 18C, provides that a por#ion of the proceeds of the North <br />.Carolina State Lpttery Fund. be transferred to the Public School Building Capital Fund in accordance <br />wlth.G:S.. '[ 1 tom-546.2. Further, G.5.115C-548.2: (d) has been amended to indude the following: <br />'~(3)No ounty slhalt have tii`provfde matching funds... <br />(4) A:oounty may use moMes in this Fund to pay fw school construd9on projects in local school <br />administ'a~ve units and to retire indebtedness incurred for school construction project incurred on or <br />after Jan~iary 1,.2003. <br />`;~ : i;~} :IA=cotiftty.mayhot use monies: in this Fund tp pay for school technology needs. <br />_`As_u$eSj,tn`thi$_settion, 'P.ublic School Buitdin~s" shelf include only fadltties for individuahschools that <br />. ar~~cl_foi•:irtstruction~l and r8lated purposes, and does not indude ceritraF aclminlstration, <br />rrsaititertianGe; or other fadlitiet;. ~ .. .. <br />Short description of Constructor Project: Remodel non-classroom space and convert that space <br />into Phoenix Academy Altemative School. <br />Estimated Costs: <br />Purchase of Land <br />Planning and Design Services <br />New Construction <br />Additions /Renovations <br />Repair <br />Debt Payment /Bond Payment <br />TOTAL <br />Estmated Project Beginning Da#e: March 2008 <br />$ <br />62,000.00 <br />5s2,2o2.00 <br />$ 624,202.00 <br />Est. Project Completion Date: August 2008 <br />We, the undersigned, agree to submit a statement of state monies expended for this project within 60 <br />days following completion of the projed» <br />The County Commissioners and the Beard of Education do hereby jointly request approval of the above <br />project, and request release of $ 624,202.00 from the Public School <br />Building Capital Fund (Lottery Distribution). We certiy that the project herein described is within the <br />parameters of G.S. t 15C-546. <br />iv~z ~ 1Z... ~>`~ ~ (~ o Y <br />-Chair, County Commissioners} <br />(Signature -Chair, Board <br />(Date) <br />T <br />(Date) <br />Form Date: Sept 1, 2006 <br />