Laserfiche WebLink
0 BOOK 22 FIGE 82 <br />APPLICATION <br />PUBLIC SCHOOL BUILDING CAPITAL FUND <br />NORTH CAROLINA EDUCATION LOTTERY <br />County: Lee <br />LEA: Lee Countv Schools <br />Address: 106 Gordon Street Sanford, NC 27332 <br />Project Title: <br />Location: 2301 Tramway Road Sanford, NC 27332 <br />Type of Facility: High School <br />North Carolina General Statutes, Chapter 18C, provides that a portion of the proceeds of the North <br />Carolina State Lottery Fund be transferred to the Public School Building Capital Fund in accordance <br />with G.S. 115C-546.2. Further, G.S. 115C-546.2 (d) has been amended to include the following: <br />(3) No county shall have to provide matching funds... <br />(4) A county may use monies in this Fund to pay for school construction projects in local school <br />administrative units and to retire indebtedness incurred for school construction projects incurred on or <br />after January 1, 2003. <br />(5) A county may not use monies in this Fund to pay for school technology needs. <br />As used in this section, "Public School Buildings" shall include only facilities for individual schools that <br />are used for instructional and related purposes, and does not include central administration, <br />maintenance, or other facilities. <br />Short description of Construction Project: New high school construction <br />Estimated Costs: <br />Purchase of Land <br />Planning and Design Services <br />New Construction <br />Additions / Renovations <br />Repair <br />Debt Payment/ Bond Payment <br />TOTAL <br />0 <br />Approved: <br />Date: <br />Contact Person: Dr. James T. <br />Title: S <br />Phone: 919-; <br />599,241.00 <br />$ 599,241.00 <br />Estimated Project Beginning Date: November 2003 Est. Project Completion Date: August 2006 <br />We, the undersigned, agree to submit a statement of state monies expended for this project within 60 <br />days following completion of the project. <br />The County Commissioners and the Board of Education do hereby jointly request approval of the above <br />project, and request release of $ 599,241.00 from the Public School <br />Building Capital Fund (Lottery Distribution). We certify that the project herein described is within the <br />oarameters of G.S. 115C-546. <br />(Signature - Chair, County Commissioners) Aober 4, <br />(Signature - Chair, Board of Education) <br />3M <br />FINANCE <br />_L" <br />(Date) <br />(Date) <br />Form Date: Sept 1, 2006 <br />