HomeMy WebLinkAboutORD-2005-188 - Central/Northern Orange Senior Center Capital Project Ordinance Central/Northern Orange Senior Center
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 to acquire land and construct a
fifteen thousand square feet Central/Northern Orange Senior Center in or
around the Hillsborough area. The planned center will replace the Central
Orange Senior Center currently located in leased space at the
Meadowlands in Hillsborough. Proceeds from the 2001 voter approved
bonds and a private placement loan 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 Through FY
2004-05 FY 2005-06 2005-06
Sales Tax $0 $0 $0
2001 Bonds $1,175,000 $825,000 $2,000,000
Private Placement $0 $0 $0
Fees $0 $0 $0
Other $0 $0 $0
Total Funding $1,175,000 $825,000 $2,000,000
Section 4. The following amount is appropriated for this project:
Through FY Through FY
2004-05 FY 2005-06 2005-06
Land Acquisition $0 $0 $0
Planning/Architect/En ' eering $100,000 $0 $100,000
Construction $1,075,000 $825,000 $1,900,000
Other $0 $0 $0
Total Costs $1,175,000 $825,000 $2,000,000
Section 5. This ordinance shall be in effect from the original date of adoption, March
24, 2003, until June 30, 2006.
Adopted this 18th day of October 2005.