HomeMy WebLinkAboutORD-2005-189 - Recreation and Parks Facilities – Soccer Superfund Capital Project Ordinance Recreation and Parks Facilities — Soccer Superfund
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 construct soccer fields at both
existing and future park sites located throughout the County. Proceeds
from the 2001 voter approved bonds 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 $2,000,000 $500,000 $2,500,000
2004 Two-Thirds Net Debt $0 $0 $0
Fees $0 $0 $0
Other $0 $0 $0
Total Funding $2,000,000 $500,000 $2,500,000
Section 4. The following amount is appropriated for this project:
Through FY Through FY
2004-05 FY 2005-06 2005-06
Land Acquisition $1,000,000 $0 $1,000,000
Design $0 $0 $0
Construction $1,000,000 $500,000 $1,500,000
Other $0 $0 $0
Total Costs $2,000,000 $500,000 $2,500,000
Section 5. The following amounts have been transferred from this project to the
following capital projects:
Through FY Through FY
2004-05 FY 2005-06 2005-06
Transfer to West Ten Soccer
Complex $1,350,000 $0 $1,350,000
Transfer to Twin Creeks Park $650,000 $0 $650,000
Total Costsl $2,000,0001 $0 $2,000,000
+7
Section 6. This ordinance supersedes all previous Soccer Superfund Capital Project
Ordinances for Orange County.
Section 7. With these appropriations, the Soccer Superfund Capital Project
Ordinance will be closed out as of June 30, 2006.
Adopted this 18th day of October 2005.