HomeMy WebLinkAboutORD-2005-194 - Recreation and Parks Facilities – West Ten Soccer Complex Capital Project Ordinance 0 t'4 !7�
s�
West Ten Soccer Complex
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 for the development of a six-field
soccer complex adjacent to the Orange County Middle School #3 site
through a collaborative effort between Orange County and Orange County
Schools. Proceeds from the 2001 voter approved Soccer Superfund
bonds and 2004 Two-thirds net debt reduction bonds 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 $0 $0
2001 Bonds $0 $0 $0
2004 Two-Thirds Net Debt $0 $350,000 $350,000
Fees $0 $0 $0
Transfer from Soccer
Superfund 2001 Bonds $1,350,000 $0 $1,350,000
Total Funding $1,350,000 $350,000 $1,700,000
Section 4. The following amount is appropriated for this project:
Through FY Through FY
2004-05 FY 2005-06 2005-06
Land Acquisition $508,500 $0 $508,500
Planning/Arch/Engineering $119,000 $0 $119,000
Construction $722,500 $350,000 $1,072,500
Other $0 $0 $0
Total Costsl $1,350,000 $350,000 $1,700,000
Section 5. This ordinance shall be in effect until June 30, 2006.
Adopted this 15th day of November 2005.
63
Recreation and Parks Facilities —West Ten Soccer Complex
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 for the development of a six-field
soccer complex adjacent to the Orange County Middle School #3 site
through a collaborative effort between Orange County and Orange County
Schools. Proceeds from the 2001 voter approved Soccer Superfund
bonds and 2004 Two-thirds net debt reduction bonds 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 $0 $0
2001 Bonds $0 $0 $0
2004 Two-Thirds Net Debt $0 $350,000 $350,000
Fees $0 $0 $0
Transfer from Soccer
Superfund 2001 Bonds $1,350,000 $0 $1,350,000
Total Funding $1,350,000 $350,000 $1,700,000
Section 4. The following amount is appropriated for this project:
Through FY Through FY
2004-05 FY 2005-06 2005-06
Land Acquisition $508,500 $0 $508,500
Planning/Arch/Engineering $119,000 $0 $119,000
Construction $722,500 $350,000 $1,072,500
Other $0 $0 $0
Total Costs $1,350,000 $350,000 $1,700,000
'Section 5. This ordinance shall be in effect until June 30, 2006.
Adopted this 18th day of October 2005.