HomeMy WebLinkAboutORD-2003-047 - Equipment and Vehicles Project Capital Project Ordinancec~~fJ- 2c~o.3 - oyc~
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Equipment and Vehicles 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 purchase 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:
Through FY
2002-03
FY 2003-04 Through FY
.2003-04
Sales Tax $5,345,664 $0 $5,345,664
Bond Funds $0 $0
Private Placement $0 $0
Grant Funds $1,052,094 $1,052,094
Other $220,000 $220,000
Total Funding $6,617,758 $0 $6,617,758
Section 4. A portion of the funds available for this project have been expended. The following
amendment is anticipated to close these amounts:
Through FY Through FY
2002-03 FY 2003-04 2003-04
Transfer from County
Capital Reserve (1992-93) $239,583 $239,583
Transfer from County
Capital Reserve (1993-94) $348,384 $348,384
Transfer from County
Capital Reserve (1994-95) $351,954 $351,954
Intergovernmental (1992-
93) $32,935 $32,935
Intergovernmental (1993-
9a) $4,688 $4,688
Intergovernmental (1944-
95) $128,822 $128,822
Total $1,106,366 $0 $1,106,366
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Section 5.The following amount remains appropriated for this project:
Through FY
2002-03
FY 2003-04 Through FY
2003-04
LandBuildin $ 0 $ 0
Design $0 $0
Construction $0 $0
Equipment and
Vehicles
$5,511,392
$0
$5,511,392
Total Costs $5,511,392 $0 $5,511,392
Section 6. 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
2002-03 FY 2003-04 2003-04
Transfer to General
Fund (2002-03) $100,000 $100,000
Total Transfer $100,000 $0 $100,000
Section 7. This ordinance supersedes ali previous Equipment and Vehicle Capital Project
Ordinances.
Section 8. This ordinance shall remain in effect from July 1, 1998 until June 30, 2004.
Adopted this 26~' day of June 2003.
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r. Approval of Fiscal Year 2003-2004 Capital Proiect Ordinances and Grant
Proiect Ordinances
-The Board considered adopting the capital. project ordinances and grant project
ordinances for FY 2003-2004.
Commissioner Jacobs made reference to page 16, Central Northern Orange Senior
Center Capital Project Ordinance, and that there was some discussion about trying
to treat both senior centers equally and spend a relatively equal rate. One center
has $400,000 and one center has $100,000, and he was trying to remember if they
were going to catch up next year. Rod Visser said that they are going to catch up
eventually. He will write it up and reiterate the timeline for this and the explanation
for the difference.
A motion was made by Commissioner Jacobs, seconded by Commissioner
Halkiotis to adopt the accompanying capital project ordinances and grant project
ordinances.
VOTE: UNANIMOUS