HomeMy WebLinkAboutORD-2007-009 - Gravelly Hill Middle School Orange County Schools Capital Project OrdinanceA{~achm2r~f 3
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Gravelly Hill Middle School
Orange County Schools
Capital Project Ordinance
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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 Orange County Schools to purchase property
and design, construction, and equipping of a new middle school facility. Anticipated
revenues for the project consist of pay-as-you-go funding (transfer from General Fund and
Sales Tax Reimbursements), 2001 voter approved bond funds, a private placement loan,
and a transfer from the County Capital Fund.
Section 2. The officers of the County are hereby directed to proceed with the project within the budget
contained herein.
Section 3. The following County revenue is anticipated to complete this project:
T roug
2005-06
O7 Throug
2005-01i
ay- s- ou- o tans er
from General Fund
$0
$802,000
$802,000
tans er tom oun
Ca ital Fund
$60,000
$0
$60,000
a es ax
Reimbursements
$0
$300,000
$300,000
2001 Bonds $18,500,000 $0 $18,500,000
Private Placement Loan $3,500,000 $0 $0
Total Coun Fundin $22,120,000 $1,102,000 $23,222,000
Section 4. The following amount is appropriated for this project:
Through FY
2065-06
FY200(i-07 Through F11'
200607
Construction 15,889,393 $300,000 16,189,393
SiteAoquisitian $775,005 $0 5,005
Site Aoquisitian
(SaIs/Materials Testing,
$20,000
$0
$20,000
Site bevel $2,605,602 $0 $2,605,602
Foes Deli n $1,115,000 $0 $1,115,000
Nbv~le i $600,000 $0 ,000
Techrtd $650,000 $0 $650,000
on
Conti
$465,000
$0
$465,000
One-Time Start Costs $0 $802,000 ,000
Total 120,000 $1,102,000 ,222,000
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Section 5. In addition, the Orange County Board of Education plans to appropriate the following
revenues to the project to cover construction costs.
Through FY
2005-06
FY 2006-07 Through FY
2006-07
Sales Tax Refunds $300,000 $300,000 0
NCDOT Grant 50,000 0 50,000
i Iona are o
Electrical Service
$60,000
$0
$60,000
o a oar o
Education Fundin
$410,000
$300,000
$110,000
Section 6. The cost to site and construct Gravelly Hill Middle School totals $24,009,525.
Through FY Through FY
2005-06 FY 2008-07 2006-07
oun i e c o0
#3 Bond Funds $18,500,000 $0 $18,500,000
County 2001 Soccer Super Fund
Bonds (to cover site development
costs for West 10 Soccer Complex
co-located at the Middle School #3
site $237,525 $0 $237,525
Pay-As-You-Go Funds (Transfer
from General Fund $0 $802,000 $802,000
Transfer from Coun Ca ital Fund $60,000 $0 $60,000
range oun nva a acemen
Fundin $4,000,000 $0 $4,000,000
School Board Funds $410,000 $0 $410,000
0 oar o uca ion
Fundin $23,207,525 $802,000 $24,009,525
Section 7. This ordinance supersedes all previous Gravelly Hill Middle School capital project
ordinances.
Section 8: This capital project ordinance, originally adopted March 4, 2005, shall remain in effect
through June 30, 2007.
Adopted this 24th day of April 2007.
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community in Chapel Hill and authorized the Manager in consultation with the. County.Attorney
to enter into a Development Agreement detailing the conditions of award,
BudgetAmendment #1
The Board approved budget and capital project ordinance amendments for fiscal year 2006-07
for the Health Department, Department on Aging, School Capital Projects, SportsPlex
Enterprise Fund, Library Services, and Orange/Chatham Justice Partnership Program.
h. Regional Value-Added Processing Center
The Board appropriated an additional $3,O1j0 for a feasibility study for an agriculture products
regional value-added processing center and authorized the Chair to sign the contract.
i. .Approval ofCounty Capital Funding Policy
This item was removed and placed at the end ofthe consent agenda for separate consideration.
L Durham Technical Community College Satellite Campus Property Ownership
The Board executed a Special Warranty Deedfrom Orange County to Qrange County and The
Trustees ofDurham Technical Community College and authorized the Chair to-sign.
k: Chanae in BOCC Reaular Meeting Schedule for 2007.
The Board amended its regular meeting calendar for the year 2007 by adding a Joint Meeting
with the Chatham County Commissioners on Tuesday, May 8; 2007 of the Southern Human
Services Center; 2501 Homestead Road, in'Chapel Hill.
I. Enerav'Gonservation Amendmentto Board of Counfv Commissioners Plannina
Principle#3'
This item was removed and placed at the end of the consentagenda for separate consideration.
VOTE ON CONSENT AGENDA:. UNANIMOUS
ITEMS-REMOVED FROM CONSENT AGENDA:
is Approval of County Capital Funding Policy.
intent, in the future, to present draft Capital Investment Plans in the fall.
Commissioner Gordon asked aboutthe interim period between when lotteryfunds-are
budgeted for debt service and when they are budgeted in arrears. There is a big time ,gap
there:
Donna Coffey said that in 2008-2009 the receipts deposited in fhe County's account.
during 2007-2008 would be budgeted.
Commissioner Gordon clarified that the onlyyear the proceeds would be used. fordebt
service is the current year. Donna Coffey said tfiatfuture years would be based on the outcome
of the school collaboration- meetings this summer, as to whether the schools wanted to use the
future fund for debt service to address renovations that have not yetbeen planned in the debt
issuance plans.
Commissioner Gordon said that she liked the idea of budgeting in arrears at first, but
then she thoughtabout the debt financing and the future needs and. wondered if there was a
way some of the money could be used.
Laura Blackmon said #hatthe staff gavethe Board of County Commissioners a
document fhat stated hat the County would: need to make up $400,000 of the $2.4 million from
this year. This was included in the total debtservice.
Commissioner Gordon is worried thaYthe money is just going to sit there for a year and
not be used for debt service or school renovations.
Laura Blackmon said that if the County draws down the money, it will have to be spent
that year. The proposal was to draw down the money at the end of the fiscal year. The schools
could use. it for renovations or for future incurreddebtservice payments for renovations.
Donna Coffey said thatthe money would draw interest;.