Orange County NC Website
APPLICATION <br />PUBLIC SCHOOL BUILDING CAPITAL FUND <br />NORTH CAROLINA EDUCATION LOTTERY <br />County: <br />LEA: <br />Orange County <br />Chapel Hill-Carrboro City Schools <br />Approved: <br />Date: <br />Contact Person: Clarence Grier <br />Title: Assistant County Mgr/CFO <br />Address: P.O. Box 8181, Hillsborough, NC Phone: (919) 245-2453 <br />Project Title: FY 2013-14 Debt Service (Spring 2006 Private Placement) <br />Location: <br />Type of Facility: <br />North Carolina General Statutes, Chapter 18C,, provides that a portion of the proceeds of the North <br />Carolina State Lottery Fund be transferred to the Public School Building Capital <br />G.S. 1 , — Fund in accordan <br />ce- <br />with G.S. 11 5C-546.2. Further 11 5C-546.2 (d) has been amended to ind u d e t he f6l] owing, <br />(3) No county shall have to provide matching funds;..' <br />(4) A county may use monies in this Fund to pay for school construction projects in local schooi. <br />administrative units and to retire indebtedness incurred for school construction projects. <br />(5) A county may not use monies in this Fund to pay for school technology needs. <br />As used in this section, 'Public School Buildings" shall include only facilities for individual schools that <br />are used for instructional and related purposes, and does not include central administration, <br />maintenance, or other facilities. Applications niustbe submitted within one year fbilowing the <br />date of final payment to the. Contractor or Vendor <br />Short description of Construction Project: Debt Service associated with Spring 2006 Private Placement - <br />issued June 2007 for Chapel Hill-Carrboro City Schools Elementary #10 (Morris Grove Elementary) <br />Estimated Costs: <br />Purchase of Land <br />Planning and Design Services <br />New Construction <br />Additions / Renovations <br />Repair <br />Debt Payment I Bond Payment <br />TOTAL <br />Estimated Project Beginning Date: July 2013 <br />41 <br />218,012.00 <br />218,012,00 <br />Est. Project Completion Date: June 2014 <br />We, the undersigned, agree to submit a statement of state monies expended for this project within 60 <br />days following completion of the project. <br />The County Commissioners and the Board of Education do hereby jointly request approval of the above <br />project, and request release of $ 218,012.00 from the Public School <br />Building Capital Fund (Lottery Distribution). W rtify that the project herein described is within the <br />qp-a <br />paramet. . 115C-546. 1 7 . . / <br />(SignaWF—e— Chajr<Cotfhty VomNissioners) (Date) <br />Chair, Board of&5ducation) <br />Form Date: July 01, 2011 <br />