2024-11 GENERAL OBLIGATION BOND SERIES 2021 CAPITAL PROJECT ORDINANCE AMENDMENTORDINANCE NO. 2024-11
GENERAL OBLIGATION BOND SERIES 2021
CAPITAL PROJECT ORDINANCE AMENDMENT
BE IT ORDAINED by the Board of Commissioners of Harnett County, North Carolina, sitting as the governing board
for Harnett County.
Section 1. The original project ordinance, approved by the Harnett County Board of Commissioners on May 16m
2022, consisted of the allocation of bond principle and premium from the sale of the 2021 General
Obligation bonds. A portion of the bond principle is being utilized for the construction of the new
Northwest Harnett Elementary School Project. The remaining bond proceeds and premium from the
sale of those bonds was placed into a separate project fund to be used for future
remodel/renovation/upgrade projects on school facilities.
Section 2. The following expenditures are hereby appropriated for this project:
Construction TBD (03/24)
Neills Creek Park (06/23)
Johnsonville (JES20) (09/23)
Weapons Detection Systems (03/24)
Wayne Avenue Early College (01/24)
Construction-MISC Upgrades (01/24)
Lillington-Shawtown Gym (03/24)
Tota I
Original
Ordinance
$ 6,132,482
Amended
Adjustment Ordinance
$ (6,132,482) $
444,225
444,225
1,417,750
1,417,750
3,977,247 (638)
3,976,609
565,000
565,000
589,977
589,977
8,000,000
8,000,000
$ 13,126,681 $ 1,866,880 $ 14,993,561
Section 3. The following revenues are hereby appropriated for this project:
Debt Service- Premium
Debt Service - Loan Proceeds
Interfund Transfer (From NW Harnett Elem)
Total
Original Amended
Ordinance Adjustment Ordinance
$ 6,300,403 $ - $ 6,300,403
6,825,978 - 6,825,978
1,866,880 1,866,880
$ 13,126,381 $ 1,866,880 $ 14,993,261
Section 4. To amend project ordinance to account for Lillington-Shawtown Gym addition. The school needs a new
space where students, parents, and teachers can come together for school wide functions.
Section 5. Copies of this capital project ordinance shall be furnished to the Clerk to the Board, the Budget Director
and the Finance Officer for direction in carrying out this project.
Duly adopted this day of Alp'Vl l , 2024.
Morris, Chairman
County Board of Commissioners
ATTEST:
�J� V.
Melissa pps, Clerk to the Board ��r.,,�__.. � �