Orange County NC Website
f j <br /> , <br /> Equipment and Vehicles Project 4 <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 <br /> hereby adopted. <br /> Section 1. The project authorized will provide for purchase of County-owned vehicles and major equipment. <br /> The project will be financed with proceeds from the County's portion of the one half cent sales taxes <br /> and grant funds from the North Carolina Department of Transportation. <br /> Section 2. The officers of the County are hereby directed to proceed with the project within the <br /> budget contained herein. <br /> Section 3. The following revenue is anticipated to complete this project: <br /> Transfer from County Capital Reserve Fund(1992-93) $295,300 <br /> Transfer from General Fund(1993-94) 391,615 <br /> Transfer from General Fund(1994-95) 465,229 <br /> Total Transfers from Other Funds $1,152,144 <br /> Intergovernmental(1992-93) $32,935 <br /> Intergovernmental(1993-94) 4688 <br /> Intergovernmental(1994-95) 131:129 <br /> Total Intergovernmental S168,752 <br /> County Capital Fund Balance(1994-95) 10,000 <br /> Total Revenue .87.330.896 <br /> Section 4. The following amount is appropriated for this project: <br /> Equipment and Vehicles $1,330,896 <br /> Section 5. This ordinance supersedes all previous Equipment Replacement Capital Project Ordinances. <br /> Section 6. This ordinance shall be in effect from the date of adoption until June 30, 1995. <br /> Adopted this 21th day of March, 1995. <br /> M:\BLTDGEn9495\ORDS\COUCAP\EQLJIPREP <br />