HomeMy WebLinkAboutOTHER-2021-016 Chapel Hill-Carrboro City Schools Application Public school Building Capital Fund North Carolina Education Lottery •
Attachment 1
APPLICATION Approved :
PUBLIC SCHOOL BUILDING CAPITAL FUND
NORTH CAROLINA EDUCATION LOTTERY Date :
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Orange Count P Gary County : g Contact Person : Donaldson
LEA : Chapel Hill-Carrboro City Schools Title : Chief Financial Officer
Address : P . O . Box 8181 Hillsborough , NC Phone : (919) 245 -2453
Project Title : FY 2020-21 Debt Service ( Limited Obligation Bonds - Series 2011 )
Location :
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Type of Facility :
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North Carolina General Statutes , Chapter 18C , provides that a portion of the proceeds of the North
Carolina State Lottery Fund be transferred to the Public School Building Capital Fund in accordance
with G . S . 115C-546 . 2 . Further, G . S . 115C-546 . 2 (d ) has been amended to include the following :
(3 ) No county shall have to provide matching funds . . .
(4 ) A county may use monies in this Fund to pay for school construction projects in local school ;
administrative units and to retire indebtedness incurred for school construction projects .
(5 ) A county may not use monies in this Fund to pay for school technology needs .
As used in this section , " Public School Buildings" shall include only facilities for individual schools that
are used for instructional and related purposes , and does not include central administration ,
maintenance , or other facilities . Applications must be submitted within one year following the
date of final payment to the Contractor or Vendor.
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Short description of Construction Project: Debt Service associated with the Limited Obligation Bonds -
Series 2011 ( Morris Grove Elementary)
Estimated Costs :
Purchase of Land $
Planning and Design Services
New Construction
Additions / Renovations
Repair
Debt Payment / Bond Payment
8413272
TOTAL $ 841 , 272 ,;
Estimated Project Beginning Date : 7/1 /2020 Est, Project Completion Date : 6/30/2021
We , the undersigned , agree to submit a statement of state monies expended for this project within 60
days following completion of the project .
The County Commissioners and the Board of Education do hereby jointly request approval of the above
project , and request release of $ $41 , 272 from the Public School
Building Capital Fund ( Lottery Distribution ) . We certify that the project herein described is within the
param ters of G . S . 11 C-546 .
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( Signature — Chair, County Commissioners ) ( D ite)
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(Signature — Chair, Board of Education ) ( Date)
Form Date : July 01 , 2011