AN ORDINANCE ESTABLISHING A CAPITAL PROJECTS ORDINANCE FOR POLICE AND FIRE FACILITIES AND EQUIPMENT FROM 1996 BONDS (2000-05-08/O-2)

 

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, that the following capital projects are hereby established for construction of a Fire Station and purchase of firefighting equipment and for renovations of the Police Headquarters funded from bonds approved by the voters in November, 1996.

 

SECTION I

 

The capital projects as authorized by bond referenda approved in November, 1996 includes the capital costs of constructing a fire station and purchase of a fire pumper and for renovations and capital improvements to the Police Headquarters.

 

SECTION II

 

The 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 as follows:

 

Bond Proceeds                                                                   $2,000,000                                                           

Amounts appropriated are for the project as follows:

 

Fire Facilities and Equipment                                               $1,300,000

Renovations and Improvements to Police Headquarters       700,000

 

                                                Total                                  $2,000,000

 

SECTION IV

 

The 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 V

 

Copies of this ordinance shall be entered into the Minutes of the Council and copies shall be filed within 5 days of adoption with the Manager, Finance Director and Clerk.

 

This the 8th day of May, 2000.