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WJ- <br />B009 17 PIGE 95? <br />AYPLICATION <br />GUBLIC SCHOOL BUILDING CAPITAL FUND <br />County: Lee <br />Address: P. 0. Box 1968 Sanford, NC <br />77~ 00 <br />ee unty Schools <br />School Admin. Unit: <br />Approved: <br />Date: <br />Contact Person: <br />008 <br />Exhibit 2 <br />Revised 67097 <br />Bill Cowan <br />Title: County Manager <br />Phone: ( 919) 718-4605 <br />Project Title: Construction of Broadway Elementary School <br />Location: 307 South Main Street, Broadway, NC 27505 <br />Type of Facility: Elementa <br />G.S. 115C-546.2(b) "Counties shall use monies in the Fund for capital outlay projects including the planning, <br />construction, reconstruction, enlargement, improvement, repair, or renovation of public school buildings and <br />for the purchase of land for public school buildings; for equipment to implement a local school technology <br />plan that is approved pursuant to G.S. 115C-I02.6C; or for both. Monies used to implement a local school <br />.technology plan shall be transferred to the State School Technology Fund and allocated by that Fund to the <br />local school administrative unit for equipment. As used in this section. 'public school buildings' only includes <br />facilities for individual schools that are used for instructional and related purposes and does not include <br />centralized administration maintenance or other facilities." <br />Short Description of Construction Project: "Debt Repayment" <br />Estimated Costs: <br />® Purchase of Land <br />Planning <br />Construction <br />Renovation <br />Enlargement <br />Repair <br />School Technology <br />Total <br />State <br />$ <br />S <br />S 470,096.00 <br />S <br />$ <br />$ 470,096.00 <br />Local Total <br />$ $ <br />$ 156,699.00 <br />$ N/A <br />156,699.00 <br />626,795.00 <br />$ 626,795.00 <br />BidDates/Vendors: May 14, 1997, Sigma Construction <br />Contracts signed/Dates: May 27 , 1997, Sigma COnstruction <br />Estimated date of beginning of construction: August •1. 1997 <br />Estimated date of completion : April 1, 1999 <br />Match: The matching funds of one dollar of local funds for every three dollars of state funds are from <br />(source): General Revenue <br />$ of the matching funds have been expended for/date/description; <br />Reporting req iris ments: We, the undersigned, agree to submit a statement of statcAocal amounts expended for <br />this project within 60 days of completion of the project. <br />The County Commissioners and the Board of Education do hereby jointly request approval of the above <br />roject and request release of $ 470,096.00 from the Public School Building Capital Fund. <br />~'e certify that the project her ' described is within the arameters of 115C-546.2(b) and that all of the match <br />is available and desianate match fthi5Oroiect. <br />Comnussioners) <br />Chain-Anarrl of <br />-9 a.: ra2is7ct0:1 of, tho <br />r=o.,_- is C'.U_/ <br />Nallia W. Ii.orns, Register of Ueetls <br />(Date) <br />