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ORDINANCES - CCCC Capital Project Budget Ordinances
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ORDINANCES - CCCC Capital Project Budget Ordinances
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7/20/2016 11:32:25 AM
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6/17/2015 3:12:52 PM
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COUNTY OF LEE, NORTH CAROLINA <br />CCCC HEALTH SCIENCES CENTER <br />CAPTIAL PROJECT BUDGET ORDINANCE <br />BE IT ORDAINED by the Lee County Board of Commissioners that the following budget for the CCCC <br />HEALTH SCIENCES CENTER is hereby approved and adopted: <br />Section 1: The following amounts are hereby appropriated for the CCCC Health Sciences Center for <br />the period June 1, 2015 to December 31, 2017, according to the following schedule and summary. <br />Section 2 <br />SOURCE <br />Bond Proceeds <br />That for said project period there is hereby appropriated the following: <br />Issuance Costs <br />Architect & Engineering <br />Site Prep <br />General Construction <br />Furnishings <br />Contingency <br />REVENUE <br />AMOUNT <br />$ 9,000,000 <br />TOTAL PROJECT REVENUES $ 9,000,000 <br />EXPENSE <br />AMOUNT <br />6 58,695 <br />712,245 <br />750,000 <br />6,555,305 <br />700,000 <br />223,755 <br />TOTAL PROJECT EXPENSES $ 9,000,000 <br />Section 3. Funds that have been advanced, or may be advanced, from the General Fund for project <br />cost are intended to be reimbursed from the financing proceeds. <br />Section 4. Copies of this budget shall be furnished to the Finance Officer of Lee County, North <br />Carolina, to be kept on file for direction in collection of revenue and expenditures of amounts <br />appropriated. <br />Section 5. The adoption of this capital project ordinance is intended as a declaration of this unit's <br />official intent to reimburse project expenditures from financing proceeds. <br />ADOPTED this) day of June, 2015. <br />Amy M. Dalrymple, Chair <br />Attest: <br />4A 49 <br />(�aynell . Lee, C erk to the Poard <br />
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