HomeMy WebLinkAboutC.054.93011_1574 (2)Section 2. The following costs for the design and engineering of the
Iredell County Department of Social Services Facility shall
be paid by this fund.
Basic A/E Fees & Consultants
Professional Services - Other (Survey, Geotechnical,
Reimbursibles Data/Communications/Security
General
Plumbing
Mechanical
Electrical
Contingency
Construction Costs -Sewer
Construction Costs -Other
Depreciable Assets (Fumiture/Fixtures & Equipment)
Financing & Adm Costs (LGC Fee, Legal Fees, Title Ins
Bank Fees)
Transfer to Capital Reserve Fund
Transfer to General Fund
Section 3. This Capital Project Fund is complete.
Existing 6/5/2007 Amended
Ordinance Amendment Ordinance
$348,588 $348,588
56,643
54,643
4,334,479
4,334,479
176,950
176,950
653,383
653,383
608,609
608,609
39,240
39,240
240,000
240,000
466,000
466,000
18,868
18,868
543,100
543,100
106.860
120,750
$7,590,720 $13-890
$2604.610
13. Request for Approval of Budget Amendment #40 and the Adoption of an Amended
Project Ordinance for the Series 2003 Certificates of Participation: A copy of this
ordinance is as follows:
Amended Project Ordinance
Certificates of Participation, Series 2003, School Projects
June 5, 2007
Be it Ordained by the Board of County Commissioners of Iredell County, North Carolina:
Section I . Funding for the projects shall be provided by the following sources: Original Amendment Fina
Par Amount of the Series 2003 Bonds $37,055,000 - 37,055,000
Add: Accrued Interest 11,905 (11,905) -
Bond Premium 970,443- 970,443
Sales Tax Refund 821,707 821.707
Total Sources of Funds
Section 2. Capital Outlay will he financed for the Iredell-Statesville Schools,
Mitchell Community College, and the Mooresville Graded School District as follows:
Amendment Final
7,051,200
Original
Projects
6,528,000
Iredell-Statesville Schools - Harmony Elementary School
6,554,056
- Scotts Elementary School
227,886
- Woodland Heights
1,000,000
Mitchell Community College - Workforce Development Building
1,030,066
Mooresville Graded Schools - Mooresville Intermediate School
7.617
Amendment Final
7,051,200
166,725
7,217,925
6,528,000
26,056
6,554,056
10,420,800
227,886
10,648,686
1,000,000
30,066
1,030,066
12.222 610
7.617
12130227
37,222,610
458,350
37,680,960
tsst armce costs of the Series 2003 Certificates of Participation
Deduct: Original Issue Discount
173,008
-
173,008
Underwriter's Discount
175,750
-
175,750
Bond Insurance Premium
284,285
-
284,285
Legal, ratings agencies, printing, other
166,000
(2,048)
163,952
Deposit to Interest Payment Account
11,905
(11,905)
-
Contingency
3,790
(3,790)
-
Transfer to General Fund for Appropriation to Schools
-
369.195
369,195
814,738
351,452
1,166.190
Total Uses of Funds
13A037.34g
g09.A02
T3R.g47.i50
Section 3. This Capital Project Fund is complete.
14. Request to Call for a Public Hearing on Tuesday, June 19, 2007 Regarding the
FlexSol Project Closeout Report for the County's 2004 Community Development Block
Grant (Economic Development): The hearing will be held to offer the public an opportunity
to speak about the $195,207 project and the 30 new jobs.
20