HomeMy WebLinkAboutORD-2008-098 -Emergency Services Relocation at Meadowlands Capital Project OrdinanceATTACHMENT 3 8/- /9 oy
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Emergency Services Relocation at Meadowlands ~
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 the
Meadowlands Drive facility and for upfitting the facility to accommodate
the relocation of the Emergency Services Department. Proceeds from
alternative financing, two-thirds net debt bonds, and transfers from other
funds/projects 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:
Through FY
2007-08
FY 2008-09 Through FY
2008-09
Sales Tax $1,300,000 $0 $1,300,000
2001 Bonds ~ $0 $0 $0
Private Placement $1,685,000 $0 $1,685,000
2/3 Net Debt Bonds $200,000 $0 $200,000
Transfer from Parks
Operation Base Capital
pm'rot
$222,765
$0
$222,765
Transfer from General Fund
Court 'ons Reserve
$200,000
$0
$200,000
Transfer from Emergency
Tel hone Fund
$0
$60,958
$60,958
Total Fnndm 53,607 765 $60,958 $3,668,723
Section 4. The following amount is appropriated for this project:
Through FY
2007-08
FY 2008-09 Through FY
2008-09
Land/Buil ' $1,757,765 $0 $1,757,765
Pl Arc ' $50,000 ~ $0 $50,000
Construction $1,800,000 $0 $1,800,000
~ t $0 $60,958 $60,958
Total Costs 53,607,765 560,958 $3,668,723
ATTACHMENT 3 ~,~~.a~,
Section 5. This ordi ~ ~LL"
Hance shall be m effect from the original date of adoption, March
24, 2003, until June 30, 2009.
Adopted this 19th day of August 2008.