AN ORDINANCE TO AMEND THE PROJECT ORDINANCE FOR THE 2003 STREETS AND SIDEWALKS BOND FUND (2007-06-27/O-1b)

AN ORDINANCE TO AMEND THE PROJECT ORDINANCE FOR THE 2003 STREETS AND SIDEWALKS BOND FUND (2007-06-27/O-1b)

BE IT ORDAINED by the Council of the Town of Chapel Hill that, pursuant to Section 13.2 of Chapter 159 of the General Statutes of North Carolina, the capital projects ordinance for 2003 Streets and Sidewalks Bond Fund is hereby amended as follows:

SECTION I

The 2003 Streets and Sidewalks Bond Fund as authorized by the Town Council includes projects for capital improvements to streets and sidewalks.

SECTION II

The Town Manager of the Town of Chapel Hill is hereby directed to proceed with implementation of these projects within terms of funds appropriated here.

SECTION III

Revenues anticipated to be available to the Town to complete the project are hereby amended as follows:

SECTION IV

Amounts appropriated for capital projects are hereby amended as follows:

SECTION V

The Town Manager is directed to report annually on the financial status of the project in an informational section to be included in the Annual Budget, and shall keep the Council informed of any unusual occurrences.

SECTION VI

Copies of this projects ordinance shall be entered into the Minutes of the Council and copies shall be filed within five days of adoption with the Town Manager, Finance Director and Town Clerk.

This the 27^th day of June, 2007.