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19 HCE4.722 <br />COUNTY OF LEE, NORTH CAROLINA <br />TRAMWAY ROAD PARK <br />CAPTIAL PROJECT BUDGET ORDINANCE <br />BE IT ORDAINED by the Lee County Board of Commissioners that the following budget for the <br />TRAMWAY ROAD PARK is hereby approved and adopted: <br />Section 1: The following amounts are hereby appropriated for the Tramway Road Park for the <br />period December 1, 2003 to June 30, 2006, according to the following schedule and summary. <br />Section 2: That for said project period there is hereby appropriated the following: <br />REVENUE <br />SOURCE AMOUNT <br />PARTF Grant $ 500,000 <br />LWCF Grant 250,000 <br />Transfer from General Fund 1,050,000 <br />TOTAL PROJECT REVENUES $ 1,800,000 <br />EXPENSE <br />SOURCE AMOUNT <br />Professional Services $ 180,000 <br />Construction 1,530,000 <br />Contingency 90,000 <br />'T'OTAL PROJECT EXPENSES $ 1,800,000 <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 W' day of December, 2003. <br />Herbert A. Hincks, Chairman <br />Attest: y <br />aynell A. Lee, Clerk to the Board <br />