Highland Middle School Project Ordinance 11/19/12HIGHLAND MIDDLE SCHOOL
PROJECT ORDINANCE
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 the construction, furnishing and equipping of a new middle school to be
known as Highland Middle.
Section 2. This portion of the project will be funded with Qualified School Construction Bond funds and installment
purchase loans.
Section 3. The following amounts are hereby appropriated for this project'.
Construction
$ 21,954,588
Engineer /Architectural
1,298,000
Land & Right of Way
893,139
Issuance Cost
591,898
Furniture & Equipment
3,013,389
Capital Outlay— Buses
1,160,000
Contingency
1.628.986
Total
$ 30,540,000
Section 4. The following revenues are anticipated to be available to complete this design phase:
QSCB —Taxable Limited Obligation Bonds $ 29,435,000
Limited Obligation Bonds 1,105.000
Total $ 30,540,000
Section 5. The Finance Officer is hereby directed to maintain within the Highland School Project 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. The Finance Officer is directed to report, on a quarterly basis, on the financial status of each project
element in Section 3.
Section 8. The Budget Officer is directed to include a detailed analysis of past and future costs and revenues on this
capital project in every budget submission made to this Board.
Section 9. 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 19`h day of Novenpopir,Z012.
e
me p` n Timothy B cNeill, Chairman
= Harnett CoVnty Board of Commissioners
ATTEST: �
,lyres J
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County oard of Commissioners