HomeMy WebLinkAboutNSN ORD-1995-004 Equipment and Vehicles Project - Capital Project Ordinance - VIII-B f j
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Equipment and Vehicles Project 4
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 will provide for purchase of 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
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:
Transfer from County Capital Reserve Fund(1992-93) $295,300
Transfer from General Fund(1993-94) 391,615
Transfer from General Fund(1994-95) 465,229
Total Transfers from Other Funds $1,152,144
Intergovernmental(1992-93) $32,935
Intergovernmental(1993-94) 4688
Intergovernmental(1994-95) 131:129
Total Intergovernmental S168,752
County Capital Fund Balance(1994-95) 10,000
Total Revenue .87.330.896
Section 4. The following amount is appropriated for this project:
Equipment and Vehicles $1,330,896
Section 5. This ordinance supersedes all previous Equipment Replacement Capital Project Ordinances.
Section 6. This ordinance shall be in effect from the date of adoption until June 30, 1995.
Adopted this 21th day of March, 1995.
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