Launch Recite Me assistive technology
LEGISLATIVE RESEARCH CENTER
File #: 20-3509    Version: 1
Type: Ordinance Status: Passed
File created: 5/26/2020 In control: Finance
On agenda: 6/15/2020 Final action: 6/15/2020
Title: Vote on a request to adopt the proposed amended Animal Shelter Project Ordinance and the proposed amended CCCC Health Sciences Project Ordinance
Attachments: 1. Project Ordinance Animal Shelter Amended 6-15-20, 2. Project Ordinance CCCC Health Sciences Building Amended 6-15-20

Title

Vote on a request to adopt the proposed amended Animal Shelter Project Ordinance and the proposed amended CCCC Health Sciences Project Ordinance

 

Abstract

Action Requested: Motion to adopt the proposed amended Animal Shelter Project Ordinance and the proposed amended CCCC Health Sciences 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 amended project ordinance for the Animal Shelter Project and a proposed amended project ordinance for the CCCC Health Sciences Project. The proposed Animal Shelter project reflects signed construction contract amount authorized by the Board in May. The proposed CCCC Health Science project budget reflects the transfer in to the project from the debt reserve to upfront costs needed prior to the loan closing and reflects the transfer out of the project in the same amount to reimburse the debt reserve.

                     

Budgetary Impact: The budget for the Animal Shelter Project totals $6,445,281 and will be funded from capital reserve. The budget for the CCCC Health Science Project totals $14,260,498 and is funded with limited obligation bonds.

                     

Recommendation: Motion to adopt the proposed amended Animal Shelter Project Ordinance and the proposed amended CCCC Health Sciences Project Ordinance