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COUNTY OF LEE, NORTH CAROLINA <br /> COURTHOUSE COMPLEX RENOVATIONS <br /> CAPTIAL PROJECT BUDGET ORDINANCE <br /> BE IT ORDAINED by the Lee County Board of Commissioners that the following budget for the <br /> COURTHOUSE COMPLEX RENOVATIONS is hereby approved and adopted: <br /> Section 1: The following amounts are hereby appropriated for Courthouse Complex <br /> Renovations for the period May 21, 2018 to December 31, 2019, according to the following <br /> schedule and summary. <br /> Section 2: That for said project period there is hereby appropriated the following: <br /> REVENUE <br /> SOURCE AMOUNT <br /> Limited Obligation Bonds $ 3,000,000 <br /> TOTAL PROJECT REVENUES $ 3,000,000 <br /> EXPENSE <br /> SOURCE AMOUNT <br /> Land Acquisition $ 240,000 <br /> General Construction 2,550,000 <br /> Furnishings 60,000 <br /> Contingency 150,000 <br /> TOTAL PROJECT EXPENSES $ 3,000,000 <br /> Section 3. Funds that have been advanced, or may be advanced, from the General Fund for <br /> project 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, <br /> North Carolina, to be kept on file for direction in collection of revenue and expenditures of <br /> amounts appropriated. <br /> Section 5. The adoption of this capital project ordinance is intended as a declaration of this <br /> unit's official intent to reimburse project expenditures from financing proceeds. <br /> ADOPTED this 21st day of May, 2018. <br /> -'` GOTJ2 Amy . Dalrymple, air <br /> Attest: 1 ;� %1 moo .„ <br /> . <br /> JI IL Al A 'A h11L Lifi <br /> P� <br /> nifer G ire, Clerk I <II <br /> \4 <br /> O . . }, ° <br />