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HomeMy WebLinkAboutORD-2009-165 - Mobile ClasssroomsChapel Hill Carrboro City Schools Capital Project Ordinance~~.p' o~~ - (' (o S 19 Mobile Classrooms Chapel Hill-Carrboro City Schools 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 Statutes of North Carolina, the following capital project is hereby adopted. Section 1. The project authorized provides funds for the purchase of mobile classrooms. Proceeds from impact fees, the Schools' portion of the one-half cent sales taxes (pay-as-you-go funds), transfer from School Capital Reserve Fund, and . alternative financing proceeds fund this project. Section 2. The officers of the County are hereby directed to proceed with the project within the budget contained herein. Section 3. The following revenue is anticipated to complete this project: FY 2009-10 Current FY 2009-10 Amendment FY 2009-10 Revised Sales Tax $745,800 ($610,800) $135,000 Impact Fees $1,186,000 ($1,186,000) $0 From School Capital Reserv $205,000 ($205,000) $0 1992 Bond Funds $0 $0 $0 1997 Bond Funds $0 $0 $0 Alternative Financing $110,000 ($110,000) $0 Total Funding $2,246,800 ($2,111,800) $135,000 Section 4. The following amount is appropriated for this project: FY 2009-10 Current FY 2009-10 Amendment FY 2009-10 Revised Plannin /Arch/En in $0 $0 $0 Land/Assoc Fees $0 $0 $0 Mobile Units/Construction $2,246,800 $2,111,800 $135,000 E ui ment/Furnishin s $0 $0 $0 Other $0 $0 $0 Total Costs $2,246,800 $2,111,800 $135,000 Section 5. This ordinance shall remain in effect until closed by action of the Board of County Commissioners. Adopted this 17th day of November 2009.