HomeMy WebLinkAboutORD-2009-172 - Orange High School Renovations Orange County Schools Capital Project OrdODD-aooq - 17a 2s
Orange High School Renovations
Orange County 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 to renovate Orange High School.
Renovations funded include improvements to the auditorium, science
laboratories, tennis courts and athletic fields, flooring replacement in the main
gymnasium, construction of an athletic field house, roof replacement, and
replacement of field lighting. Proceeds from a private placement loan, 1997
Bond proceeds, transfers from completed projects, and the Schools' share of
pay-as-you-go capital funds, finance the 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 1,459,095 (1,040,860) $418,235
Bonds (1997 1,150,000 (1,150,000) $0
Impact Fees 0 0 $0
Private Placement 950,000 950,000 $0
Transfers from
Completed Projects
64,705
64,705)
$0
Total Fundin 3,623,800 (3,205,565) 418,235
Section 4. The following amount is appropriated for this project:
FY 2009-10
Current FY 2009-10
Amendment FY 2009-10
Revised
Land/Buildin $0 $0 $0
Desi n $0 $0 $0
Construction $3,456,743 ($3,038,508 $418,235
Transfer to Other
Projects
$167,057
($167,057)
$0
Total Costs $3,623,800 ($3,205,565) $418,235
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.