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BOOK 21 PAGE 54~j <br />Revised 10/5/06 <br />APPLICATION <br />PUBLIC SCHOOL CAPITAL BUILDING FUND <br />ADM (Corporate Tax) FUND <br />County: Lee <br />Contact Person: Lisa Minter <br />Address: P O box 1968 Sanford, NC 27330 Title: Interim County Manager <br />School Admin. Unit: 530 Lee County Schools Phone: (919) 718-4605 <br />Project Title: Construction of Broadway Elementary School <br />Location: South Main Street Broadway NC 27505 <br />Type of Facility: Elementary School <br />G.S. 115C-546.2(b) "Counties shall use monies in the Fund for capital outlay projects including the <br />planning, construction, reconstruction, enlargement, improvement, repair, or renovation of public school <br />buildings and for the purchase of land for public school buildings; for equipment to implement a local <br />school technology plan that is approved pursuant to G.S. 115C-102.6C; or for both. Monies used to <br />implement a local school technology plan shall be transferred to the State School Technology Fund and <br />allocated by that Fund to the local school administrative unit for equipment. As used in this section. <br />'public school buildings' only includes facilities for individual schools that are used for instructional and <br />related purposes and does not include centralized administration, maintenance, or other facilities." <br />Short Description of Construction Project: <br />Debt Repayment <br />Estimated Costs: State Local Total <br />Purchase of Land $ $ _ $ 0.00 <br />Planning $ <br />Construction <br />Renovation <br />Enlargement <br />Repair <br />School Technology <br />Debt Service/Bond Payment <br />Total <br />511, 541.00 <br />$ 511,541.00 <br />$ 170,514.00 <br />$ N/A <br />$ 170,514.00 <br />$ <br />60 <br />0 <br />$ <br />682,055.00 <br />$ <br />0.00 <br />$ <br />0.00 <br />$ <br />0.00 <br />$ <br />0.00 <br />$ <br />0.00 <br />$ <br />- <br />- <br />682,055.00 <br />Bid Dates/Vendors: May 14, 1997 Sigma Construction <br />Contracts signed/Dates: May 27, 1997 Sigma Construction <br />Estimated date of beginning of construction: Auqust 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 requirements: We, the undersigned, agree to submit a statement of state/local amounts <br />expended for 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 />project and request release of $ 511,541.00 from the Public School Building Capital <br />Fund. We certify that the project herein described is within the parameters of 115C-546.2(b) and that <br />all of t e match is available and designated as match of this project. <br />i <br />(Signature - Chair, County Commissioners) <br />of Education) <br />