Title
Vote on a request to adopt the proposed Northeast Elementary School Project Ordinance
Abstract
Action Requested: Motion to adopt the proposed Northeast Elementary School Project Ordinance
Introduction & Background: Section 13.2 of Chapter 159 of the General Statutes of North Carolina states that a project ordinance shall be adopted by the governing board for all capital projects.
Discussion & Analysis: Attached is a proposed project ordinance for the Northeast Elementary School Project. The project ordinance reflects the estimates presented in the FY2017-2023 Approved Capital Improvements Program.
Budgetary Impact: The budget for the Northeast Elementary School Project totals $30,556,307 and will be funded with limited obligation bonds.
Recommendation: Motion to adopt the proposed Northeast Elementary School Project Ordinance