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Home My WebLink AboutNSN ORD-1996-036 Budget Ordinance Amendment # 4 - Public School Building Fund Application U , •D- l F 94 - 0,34 1 Orange County Board of County Commissioners Action Agenda Item No Action Agenda Item Abstract Meeting Date: September 3, 1996 Subject: Public School Building Fund Application - Budget Amendment#4 Department Public Hearing Yes No—x_ Budget Office Budget Amendment Needed Yes No—x_ Attachments) Information Contact: Sally Kost ext 2151 Public School Building Fund Application Telephone & Extension Number Proposed Revised Capital Project Hillsborough 732-8181 Ordinance for Chapel Hill/Carrboro Chapel Hill 968-4501 City Schools Elementary School#8 Durham 688-7331 Mebane 227-2031 Purpose To approve an application to the State Budget Office to release funds from Orange County's Public School Building fund account for planning funds for Elementary School #8. Background The Chapel Hill-Carrboro City Schools has requested $600,000 from the Board of Commissioners for architectural fees/planning for a new elementary school. This project is to be constructed on land donated by the developers of Southern Village. The Board of Commissioners requested County staff to identify a funding source for these planning fees. Staff, working with the Chapel Hill/Carrboro City School staff identified the following funding plan that will meet the cash-flow requirements of the project: 1. $100,000 from Public School Building Fund Revenue estimates for the 1995-96 Public School Building Fund total $455,462. Actual revenue received for the fiscal year was $583,276. State Public School Building Funds must be used for capital outlay projects, including the planning, construction reconstruction, enlargement, improvement, repair, or renovation of public school buildings and for the purchase of land for public school buildings. Local governments are required to match one dollar of local funds for every three dollars of State funds. Staff recommends that $100,000 be advanced to the Chapel Hill/Carrboro City Schools for this project. The project currently has an appropriation of $38,000 from the 1995-96 impact fees. These impact fees will meet the State's match requirements. 2 2. Private Placement Financing -$500,000 In all the school capital funding options presented to the Board of Commissioners at the August 20,1996 meeting elementary school#8 is financed by private placement. To meet tare timelines of the Chapel Hill/Carrboro City Schools for completing this prqect, and to remain bank qualified in borrowing these funds, a portion of the total project budget will need to be borrowed in Fail 1996. These funds can.then be used to continue the payment of the planning/architectural fees for this facility. The application process for Public School Building Funds requires formal requests for funding from both the Board of County Commissioners and the Board of Education of the school system concerned. The Chapel Hill-Carrboro Board of Education approved the application at their meeting on August 22, 1996. Recommendation The Manager recommends that the Board of Commissioners approve the application for $100,000 in Public School Building Capital Funds for planning funds for Elementary School#8 and approve the revised capital project ordinance. 3 Planning for Elementary School #8 Chapel Hill-Carrboro City Schools Capital Project Ordinance Project Number 64-880-7116 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 for planning for the design and construction of a new elementary school to be located at the new Southern Village development. This project will be financed with proceeds from the impact fees and the State Public School Building Fund. 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: Transfer froml Fee Fund(1996-9;9 $38,000 Public School Building Fund(1996-9;9 $100,000 Total $138,000 Section 4. The following amount is appropriated for this project: PlanningforElementarySchool#8 $138,000 Section 5. This ordinance shall be in effect until June 30, 1997. Adopted this 3rd day of September 1996. M:\BUDGET19697\ORDS\SCHCAP\ELEM8 BT'd '1bIiCl1 Appikatlezu Public School Building'Capital FUnd 21110913 4 Approvedt Date! COW or""County Contact Pasotr:Sally Kost Addcrfs: P.O.Hot 8131 Titles: Budges Dirocwr MWwougJ4 NC 27278 Phone:(919) 732-8181 exL 2351 $ed ud Admire.Unit; Chapel ROCarrboro City Scheals Pre jetet Title: Elomew"Sch ook 19-Plaunbg Fantle Location: Southern Mingo,Chapel Jill,North Caroiiaa Type Of Fatdlity:Etementary School 03.11SC-546.2(b) "ldonies is the flmd shall be used for capital outlay projects including.the plaaming, cmmucdon, rttausti MdOIt stsftqPMw,itaproV=eat,repair or,V an of public school buildings and for the purchase of lead,far public school be>lldengs. As used in this scion,4publk school buildings' only include facilida for indivi"schools that arc used for snmuctional and tftmd pugmes and aloes,rot include centralized,aftiniaatuias.ma lamance Or odw facilities:' Sbort Description Of Cosstrucdon Project: To provide planuiag toads to construct elementary school 08.with a capaldty of approzimadey 600 studcafs in the Chapel,EMI Carrboro City School District,The total project budget is currently estimated to be 514M1?,Ot1ti. Estitaated Costs: State Local Tots ftrd ase Of 142 6" mama 5100,000 S33,000 S138,000 Coaystrtseft M itA4vldOb Eft Repair LOW— $100,000 $38,000 $138,000 "to be toaatructed ou land denand by the doper. Md DrttrdlVendars: Coatnwb Sigm@dtD*tw.- sstimated da ft of beenning of Coa:unction 2/98 FUM>�date of compudoa 4/99 MATCH: The Match WA&of am 4oUw of bmal fends for every tirree dollars of Sure?bads ate*—=(set'ssrete). Impsat l=ees *f thz ttAn6 fimds havoc keen expended£ee half 1 $0 ZyCamtractiaa 0 3)Rae "dog 0 TOW RSVORTING REQUJ I M3EMt We,d»tmdcros pcd,aS,w to subunit a sum am of ktc&sute ammmts expended for each project in rack local school t&niais9r Uve unit quaLwly. The County COmtr(ssionm and dw Board of E&4&d M do hereby .icy>equm aplmvel of the abow ebmd reiaase of S1D&,DW f mn doe 1'aMic Scbool AnildJ>ag Capital FuW. Wo tam dw else Fwjocs h4tein ills' pwwwt ra of 135c-W2(b)and shat all of the mafth is avaiiabis and desiViewd as Mwxh f"r h of SA161kOdkd Chair of Coutny Commd.s'sioiiers AFFORDABLE HOUSING COMMUNITY DEVELOPMENT PROJECT ORDINANCE – J— Source - Miscellaneous Revenue -Sale of Real Property $ 14,080.00 - Fund Balance Appropriated 13,966.00 - Transfer from the General Fund (1996-97) 9.704.00 TOTAL $ 37,750.00 Appropriation - Habitat for Humanity $ 13,000.00 - Impact Fee Reimbursement 24.750.00 TOTAL $ 37,750.00 (The project authorized is the Affordable Housing Project authorized to provide reimbursement of impact fees for affordable housing projects and to provide other assistance to Affordable Housing projects on a request basis.) SKILL DEVELOPMENT CENTER PROJECT CAPITAL PROJECT ORDINANCE Source - Transfer from General Fund (1994-95) $ 25,000.00 - Transfer from General Fund (1996-97) 99,240.00 - Appropriated Fund Balance (1996-97) 45,000.00 - Proceeds from Private Placement Funding (1996-97) 1,200,000.00 TOTAL REVENUE $1,369,240.00 Transfer to General Fund (1996-97) $ 119,240.00 Appropriation - Skills Development Center Project $1,250.000.00 (The project authorized will provide funds to purchase a facility and establish a Skills Development Center. This facility is located at 501/503 Franklin Street in Chapel Hill. This project will be financed with proceeds from the County's portion of the one-half cent sales taxes, an appropriation from the County Capital Fund Balance and private placement.) J. PUBLIC SCHOOL BUILDING FUND APPLICATION -,BUDGET AMENDMENT#4 The Board approved and authorized the Chair to sign the application for$100,000 in Public School Building Capital Funds for planning funds for elementary school#8 and approve the revised Capital Project Ordinance as listed below: PLANNING FOR ELEMENTARY SCHOOL#8 CHAPEL HILL-CARRBORO CITY SCHOOLS CAPITAL PROJECT ORDINANCE Source - Transfer from Impact Fee Fund (1996-97) $ 38,000.00 Public School Building Fund (1996-97) 100,000.00 Appropriation - Planning for Elementary School#8 $ 138,000.00 (This project provides funds for planning the design and construction of a new elementary school to be located at the new Southern Village development. This project will be financed with proceeds from the impact fees and the State Public School Building Fund.) K. HOME PROGRAM CONSORTIUM AGREEMENT AMENDMENT The Board authorized the execution of an amendment to the HOME Consortium Agreement for the period July 1, 1997 through June 30, 2000 and authorized the Manager to sign the amendment upon the review and approval of the County Attorney. These amendments were suggested by HUD to the Consortium Agreement between the Towns of Carrboro, Chapel Hill, Hillsborough and Orange County. L. ENO RIVER/COUNTY CAMPUS PARK CONSTRUCTION ACTIVITIES