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HomeMy WebLinkAboutOrdinance - Budget - Capital Project Ordinance Amendment - Chapel Hill High Cultural Arts Building Renovation - 06-02-1998-9aChapel Hill High School -Cultural Art Building Renovation Chapel Hill-Carrboro City Schools Capital Project Ordinance Project Number 6X-X.Z'Y-X.TGTGY 2 Be it ordained by the Orange County Board of County Commissioners that pursuant to Sectioa 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 and upgrade the Chapel Hill High School Cultural Arts Building built in 1977. This project will be financed with proceeds from 1997 Local Bond Issue funds, transfers from general funds (sales tax previously allocated to other CHCCS projects) and recurring capital budget. Section Z. The officers of the County are hereby directed to proceed with the project within the budget contained herein. aecnon s. t ne following revenue is an ucipatea to complete uu s protect: FY 1997-98 Moved to FY 97-98 FY 98.99 Total P Transfers from C:eaeral Fuad 193,668 100 000 293,668 Im Fees 0 PSBF 0 1992 Bond Funds 0 1997 Bond Funds 650,000 '45,214 b95,214 Total Project Furtdin 65Q,000 _ 100,000 - Section 4. The follow ing amount is appropria ted for ttus project: FY 1997-98 FY 97.98 FY 98-99 Total Fro'ect Planain Arch/En ~ 21,000 39,000 60,000 Land/Assoc Fees 0 Construction 629,000 •238 882 ui ment/Fu ~ Other-Technol 0 Contin en 61,000 61,000 Total 650,000 238 8A2 100,000 9g' Section 5. This ordinance shall remain in effect from July 1, 1997 until June 3Q,.1998. Adopted this 2nd day of June, 1998.