Orange County NC Website
Browse       Search
APPLICATION Approved: <br /> PUBLIC SCHOOL BUILDING CAPITAL FUND <br /> NORTH CAROLINA EDUCATION LOTTERY Date: <br /> County: Orange County Contact Person: Clarence Grier <br /> LEA: Chapel Hill-Carrboro City Schools Title: Assistant County Mgr1CFO <br /> Address: P.O.Box 8181, Hillsborough, NC Phone: (919)245-2453 <br /> Project Title: FY 2014-15 Debt Service(Fail 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*6l sferre i to the_Public School Building Capital Fund in'accordance <br /> with G.S;1150=546.2. ,Furtfier, G:S:,�115C-546,2(d)has been amended.to inoludethe following: . <br /> (3) No county shall have to provide matching funds.., <br /> (4)A county=may us .1 monies'in this F.undao pay for school construction pro)ects rn local school <br /> administrative`units and to retire indebtedness incurred forrschool�consttuction projects. <br /> (5) A county may.not.use monies:in,this Fund to pay for,s&hoolaectinglogyneeds. <br /> Aslused in.this,section,."Fublic School,Buildings"shall include only:fsc'iilities,forindividual schools that <br /> are used for instructional.and related purposes, and does not include central administration,• <br /> maintenance,or other facilities. Appli6eiib,ns must be submitted within one year following the <br /> date of final payment to ttie Contractor or Vendor. <br /> Short description of Construction Project: Debt Service associated with Fall 2006 Private Placement- <br /> issued December 2006 for Chapel Hill-Carrboro City Schools(Carrboro High 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 260,000.00 <br /> TOTAL $ 260,000.00 <br /> I <br /> Estimated Project Beginning Date: July 2014 Est. Project Completion Date: .tune 2015 <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$ 260,000.00 from the Public School <br /> Building Capital Fund(Lottery Distribution). We certify that the project herein described is within the <br /> parameters of G.S. 115C-54/6. <br /> �,-�►�C �r `7 <br /> (Signature—Chair,County Commissioners) (Date) <br /> c -- <br /> /t�,,/ignat e—Chair, Board o Education) (Date) <br /> Form Date: July 01,2011 <br />