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APPLICATION Approved: 'S^ ~~ <br />PUBLIC SCHOOL BUILDING CAPITAL FUND Date: <br />County: Oran a Contact: Donna Dean <br />Address: Post Office Box 8181. Hillsborough. NC 27278 Title: Budget Director <br />School Admin Unit: Orange County Schools Phone: (9191 245-2151 <br />Project Title: 2004-05 Debt Service - A.L. Stanback <br />Location: <br />Type of Facility: <br />G.S. 115C - 541i.2(b) °Counties shall use monies in the Fund for capital outlay projects including the planning, <br />construction, reconstruction, enlargement, improvement, repair, or renovation of public school buildings and for the <br />purchase of land for public school buildings; for equipment to implement a local school technology plan that is approved <br />pursuant to G.S.115C-102.6C; or for both. Monies used to implement a local school technology plan shall be transferred <br />to the State School Technology Fund and allocated by that Fund to the local school administrative unit for equipment. As <br />used in this section, "public school buildings" only includes facilities for individual schools that are used for instructional <br />and related purposes and does not include centralized administration, maintenance, or other facilities." <br />Short Description of Construction Project• 1992 voter approved bonds funded the following projects for the Orange <br />' County School District: <br />Project Bond Amount <br />Construction of A.L. Stanback Middle School 11,200,000 <br />Estimated Costs: State <br />Purchase of Land <br />Planning <br />Construction <br />Renovation <br />Enlargement <br />Repair <br />School Technology <br />FY 2004-05 Debt $1 212 143 <br />Service Payment <br />Total $1,212,143 <br />Local Total <br />404 048 1 616191 <br />$404,048 $1,616,191 <br />Bid DatesNendors <br />Contracts Signed/Dates <br />Estimated date of beginning of construction <br />Estimated date of completion <br />Match: The matching funds of one dollar of local funds for every three dollars of state funds are from <br />(source): prooertv tax <br />$404,048 of the matching funds have been expended for/date/description: <br />Date Puraose <br />12/1/2004 Debt Service <br />6/1/2005 Debt Service <br />Reporting We, the undersigned, agree to submit a statement of state/local amounts expended for this project <br />requirements: within 60 days of completion of the project <br />The County Commissioners and the Board of Education do hereby jointly request approval of the above project and <br />request release of 1 212 143 from the Public School Building Capital Fund. We certify that the project herein described is <br />within the pa~~r,~ of 115C-546.2(b nd hat all of the match is available and designated as match of this project. <br />- Chair,, County Commissioners <br />nature -Chair, <br />Date <br />Date <br />