HomeMy WebLinkAboutOrdinance - Finance - Equipment and Vehicles Project Capital Project Ordinance 02-17-1998-8bEquipment and Vehicles Project
Capital Project Ordinance 4
Project Number 61-412
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 will provide for purchase of County-owned vehicles and major
equipment. The project will be financed with proceeds from the County's portion of the one
half cent sales taxes, appropriated fund balance from the County Capital Projects Fund, and
grant funds from the North Carolina Department of Transportation.
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:
Transfer from County Capital Reserve Fund (1992-931 $295,300
Transfer from General Fund (1993-941 391,61 S
Transfer from General Fund (1994-951 465,229
Transfer from General Fund (1995-961 294,41 S
Transfer from EMS Base 2 Project (1995-961 10,000
Transfer from General Fund (1996-971 497,964
Transfer from General Fund (1997-981 547,345
Total Transfers from Other Funds $2,501,868
Intergovernmental (1992-931 32,935
Intergovernmental (1993-941 4,688
Intergovernmental (1994-951 131,129
Intergovernmental (1995-961 123,750
Intergovernmental (1996-971 163,179
Intergovernmental (1997-98J 89,147
Total intergovernmental $544,828
County Capital Fund Balance (1994-951 10 000
Total Revenue $3,056,696
Section 4. A portion of the funds available for this project have been expended. The following
amendment is anticipated to close these amounts:
Transfer from County Capital Reserve (1992-931
Transfer from County Capital Reserve (1993-941
Transfer from County Capital Reserve (1994.951
Intergovernmental (1992-931
Intergovernmental (1993-941
Intergovernmental (1994.95
Total
Section 5. The following amount remains appropriated for this project:
Equipment and I~ehicles
$239,583
$348,384
$351,954
$32,935
$4,688
128 822
$1,950,330
$1,106„366
Section 6. This ordinance supersedes all previous Equipment and Vehicles Capital Project Ordinances.
Section 7. This ordinance, originally adopted June 28, 1992 and subsequently amended, shall be in
effect until June 30, 1998.
Adopted this 17`h day of February 1998.