HomeMy WebLinkAboutHarnett County Project Ordinance 2016 Qualified School Construction Bond 05/12/16 HARNETT COUNTY
PROJECT ORDINANCE
2016 Qualified School Construction Bond
BE IT ORDAINED by the Board of Commissioners of Harnett County, North Carolina, sitting as the
governing board for Harnett County.
Section 1. This project will consist of repairs for multiple schools, HVC Controls, switchboard, cooler
rotary chillers, AC only units with added heat strips, resurface athletic track with asphalt
and restripe running lines, replace gym bleachers, sand, and restripe gym floor. Replace
outside boilers. The schools will be Coats Elementary, Coats-Erwin Middle, Harnett
Central High, and Harnett Central Middle, Lafayette Elementary, Lillington-Shawtown
Elementary, Overhills High, Triton High, Western Harnett High, Western Harnett Middle.
Section 2. This portion of the project will be funded with 2016 Qualified School Construction Bond
funds.
Section 3. The following amounts are hereby appropriated for this project:
Western Harnett Middle School $ 425,000.
Harnett Central Middle School $ 425,000.
Coats Elementary School $ 200,000.
Coats-Erwin Middle School $ 250,000.
Harnett Central High School $ 175,000.
Lafayette Elementary School $ 210,000.
Lillington-Shawtown Elementary School $ 250,000.
Overhills High School $ 110,000.
Triton High School $ 250,000.
Western Harnett High School $ 180,000.
Issuance Cost $ 44,000.
Total $ 2,519,000.
Section 4. The following revenues are anticipated to be available to complete this projects:
QSCB - Taxable Limited Obligation Bonds $2,200,000.
Sales Tax $ 219,000.
Interest on Investments $ 100,000.
Total $2,519,000.
Section 5. The Finance Officer is hereby directed to maintain within the Harnett County BOE School
Projects Fund, sufficient specific detailed accounting records.
Section 6. Funds may not be advanced from the General Fund for the purpose of making payments
as due.
Section 7. Copies of this capital project ordinance shall be furnished to the Clerk to the Governing
Board, and to the Budget Officer and the Finance Officer for direction in carrying out this
project.
Duly adopted this r° day of May, 2016. —�
JIBurgin, Cham an „oP5
rnett County Board of Commis `'• . • .- *.
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Gina eeler, Ctit I
ler to the Board y4'
Harne, County rd of Commissioners
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RESOLUTION FOR THE USE OF QUALFIED SCHOOL CONSTRUCTION BOND
PROCEEDS FOR THE REPAIR OF EXISTING FACILTIES
WHEREAS; the Harnett County Board of Education has determined that selected school facilities
in Harnett County are in need of repair to continue to meet the educational needs of the students of
Harnett County by providing a healthy and safe environment;
WHEREAS; the Harnett County Board of Education desires to have healthy and safe buildings
that will continue to support instructional programs that promote academic excellence for all
students;
WHEREAS; the Harnett County Board of Education has identified the following needs:
School Repair Amount
Coats Elementary Replace EES HVAC controls $ 200,000
Coats-Erwin Middle Replace ALC HVAC controls $ 250,000
Harnett Central High Replace Main Switchboard $ 175,000
Harnett Central Middle Replace Two Water Cooled Rotary Chillers $ 425,000
LaFayette Elementary Replace AC Only Units with Added Heat Strips $ 210,000
Lillington-Shawtown Elementary Replace EES HVAC Controls $ 250,000
Resurface the Athletic Track with Asphalt and
Overhills High Restripe Running Lines $ 110,000
Replace Gym Bleachers, Sand, and Restripe
Triton High Gym Floors $ 250,000
Western Hamett High Replace Outside Boilers $ 180,000
Western Harnett Middle Replace Two Water Cooled Rotary Chillers $ 425,000
Total $2,475,000
WHEREAS; the cost of these repairs are eligible Qualified School Construction Bond projects.
NOW, THEREFORE, BE IT HEREBY RESOLVED,that the Harnett County Board of
Education requests that the Harnett County Board of Commissioners secure Qualified School
Construction Bonds as one means of financing a portion of the school system's current facility
repair needs.
NOW,THEREFORE, BE IT HEREBY FURTHER RESOLVED, that the Harnett County
Board of Education will use the Qualified School Construction Bond proceeds for the above
outlined facility needs.
Resolved this 7th day of December 2015.
HARNETT COUNTY BOARD OF EDUCATION
By: !4/I/44ftt,7
Willi'. , H. Morris, Chairman
Attest: A L____________
Stanley P. Williams 11, Secretary
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