HomeMy WebLinkAboutORD-2009-176 -Hillsborough Elementary Renovations Orange County Schools Capital Project OrdoiZp-aooR -I~~o so
Hillsborough Elementary 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 for the roof replacement and other renovations at
Hillsborough Elementary. Proceeds from Public School Building funds, Impact fees,
transfers from other projects, and the Schools' portion of the one-half cent sales taxes (pay-
as-you-go) finance 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
Revsied
Sales Tax $445,000 ($150,000) $295,000
Impact Fees $623,750 ($623,750) $0
PSBF $337,500 ($337,500) $0
Transfer from Other Projects $50,000 ($50,000) $0
1997 Bond Funds $0 $0 $0
2001 Bond Funds $0 $0 $0
Total Funding $1,456,250 ($1,161,250) $295,000
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
Renovations $1,456,250 $1,161 250 $295 000
E ui ment/Furnishin s $0 $0 $0
Other $0 $0 $0
Contin en $0 $0 $0
Total Costs $1,456,250 $1,161,250 $295,000
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.