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ORD-2009-155 - Carrboro High School Chapel Hill Carrboro City Schools Capital Project Ord
©~ D - ~0~9 -- i 5 5 Carrboro High School Chapel Hill Carrboro School System Capital Project Ordinance Be it ordained by the Orange County Board of County Commissioners that pursuant to Section 13.2 of Chapter 159 of the General Statues of North Carolina, the following capital project ordinance is hereby adopted. Section 1. Section 2. Section 3. Sec#ion 4. Section 5 Section 6 The project authorized provides funds for the construction of Carrboro High School. The officers of the County are hereby directed to proceed with the budget contained herein. The following revenue is anticipated to complete this project: FY 2009-10 Current FY 2009-10 Amendment FY 2009-10 Revised 2001 Bonds 12,800,000 (12,800,000) $0 Alternative Financin 9,000,000 9,000,000 $0 From General Fund 4,616,200 4,616,200 $0 Im act Fees 9,300,000 9 300 000 $0 Sales Tax Reimbursement 1,107,600 1,032,600 $75,000 Total Funding $36,823,800 ($36,748,800) $75,000 The following amount is appropriated for this project: FY 2009-10 Current _ FY 2009-10 Amendment FY 2009-10 Revised Land ~ Assoc Fees 3,531,697 (3,531,697) $0 Construction 27,679,603 (27,604,603) $75,000 Professional Services 2,162,500 (2,162,500) $0 Furnishin s 800,000 (800,000) ~ $0 Modular Purchase 500,000 (500,000) $0 Startu Costs 400,000 (400,000) $0 Technolo 1,000,000 (1,000,000) $0 Contin enc 750,000 (750,000) $p Total Fundin $36,823,800 $36,748,800 $75,000 This ordinance supersedes previous Project Ordinances for this project. This ordinance shall remain in effect until closed by action of the Board of County Commissioners. Adopted this 17th day of November 2009. s