HomeMy WebLinkAboutORD-2005-191 - Utility Extension Development Project Capital Project Ordinance ,SC
Utility Extension Development Project
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 assist with the extension of water
and/or sewer lines for economic development projects, particularly in the
Economic Development Districts. Pay-as-you-go funds will finance this
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 $25,000 $25,000
Bond Funds $0 $0 $o
Private Placement $0 $0 $0
Fees $0 $0 $0
Transfer from General Fund
(property taxes) $205,000 $0 $205,000
Total Funding $205,000 $25,000 $230,000
Section 4. The following amount is appropriated for this project:
Through FY Through FY
2004-05 FY 2005-06 2005-06
Land/Building $0 $0 $o
Design $0 $0 $0
Construction Sol Sol $0
Other S205,0001 $25,0001 $230,000
Total Costsi $205,0001 $257000 $230,000
Section 5. The following amount has been transferred from this project to the
General Fund:
Through FY Through FY
2004-05 FY 2005-06 2005-06
Transfer to General Fund(2002-
03) $I65,000 $0 $165,000
Total Costs $165,000 $0 $165,000
Section 6. The following budget remains in the project:
Original Budget(see section_4 above) $230,000
Less Transfer to Other Funds(see section 5 above) $165,000
Total Project Budget 565,000
Section 7. This ordinance supersedes all previous Utility Extension Development
Capital Project Ordinances for Orange County.
Section 8. This ordinance originally adopted June 29, 1993 and subsequently
amended shall be in effect until June 30, 2006.
Adopted this 15th day of November 2005.
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Utility Extension Development Project
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 recapitalize the fund to assist
with the extension of water and/or sewer lines for economic development
projects, particularly in the Economic Development Districts. Pay-as-you-
go funds will finance this 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 $25,000 $25,000
Bond Funds $0 $0 $0
Private Placement $0 $0 $0
Fees $0 $0 $0
Transfer from General Fund
(property taxes) $205,000 $0 $205,000
Total Funding $205,000 $25,000 $230,000
Section 4. The following amount is appropriated for this project:
Through FY Through FY
2004-05 FY 2005-06 2005-06
Land/Building $0 $0 $0
Design $0 $0 $0
Construction $0 $01- $0
Other $205,000 $25,0001 $230,000
Total Costs 1 $205,0001 $25,0001 $230,000
Section 5. The following amount has been transferred from this project to the
General Fund. The following amendment is anticipated to complete the
transfer:
Through FY Through FY
2004-05 FY 2005-06 2005-06
Transfer to General Fund(2002-
03) $165,000 $0 $165,000
Total Costs $165,000 $0 $165,000
Section 6. This ordinance supersedes all previous Utility Extension Development
Capital Project Ordinances for Orange County.
Section 7. This ordinance originally adopted June 29, 1993 and subsequently
amended shall be in effect until June 30, 2006.
Adopted this 18th day of October 2005.