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Home My WebLink About2008-02-18 W&S ExhibitsNEW EiANOVER COUNTY BOARD OF COMMISSIONERS 230 GOVERNMENT CENTER DRIVE, SUITE 175 ~ WILMINGTON, NC 28403 (910) 798-7149 (910) 798-7145 FAX WWW.NH000V.COM Robert G. Greer, Chairman • William A. Caster, Vice-Chairman Ted Davis, Jr., Commissioner • William A. Kopp, Jr., Commissioner• Nancy H. Pritchett, Commissioner ~_.. ~sV ~ ~ 25 .~0. Sheila L. Schult, Clerk to the Board /~ CAPITAL PROJECT ORDINANCE AIRPORT/HERITAGE PARK PHASE ONE WATER AND SEWER PROJECT BE IT ORDAINED, by the Board of Commissioners of the New Hanover County Water and Sewer District: 1. New Hanover County Water and Sewer District (District) is engaged in the Airport/Heritage Park Phase One Water and Sewer project, which capital project involves the construction and/or acquisition of capital assets. 2. District desires to authorize and budget for said project in a project ordinance adopted pursuant to North Carolina General Statute 159-13.2, such ordinance to authorize all appropriations necessary for the completion of said project. 3. The District desires to expend its own funds for the purpose of paying certain costs of the project, for which expenditures the District reasonably expects to reimburse itself from the proceeds of debt to be incurred by the District. 4. This declaration of official intent is made pursuant to Section 1.150-2 of the Treasury Regulations to expressly declare the official intent of the District to reimburse itself from the proceeds of debt to be hereinafter incurred by the District for certain expenditures paid by the District on or affier the date which is sixty (60) days prior to the date hereof. NOW, THEREFORE, WITNESSETH THAT: 1. This project ordinance is adopted pursuant to North Carolina General Statute 159-13.2. 2. The project undertaken pursuant to this ordinance is the Airport/Heritage Park Phase One Water and Sewer Project, which project is herewith authorized. 3. The revenue that will finance said project is: Installment Loan Proceeds $3,500,000 Total $3,500,000 4. The following appropriations necessary for the project are herewith made from the revenue listed above: Capital Project Expense $3,500,000 Total $3 500 000 5. This project ordinance shall be entered in the minutes of the Board of Commissioners of the New Hanover County Water and Sewer District. Within five days hereof, copies of this ordinance shall be filed with the finance and budget offices in New Hanover County, and with the Clerk to the Board of Commissioners of the New Hanover County Water and Sewer District. ADOPTED this the 18'" day of February, 2008. \\\\\\1I I I ~ I1 tl~~ yr \\\~~~~~Np'«ff R .~ ~~ti {/iii r ~ ~ :~~ s s gi tr. I~_ ..• ~ 111t(il1ti11\\\\ NEW ANOVER COUNTY r illiam A. Kopp, Jr. Chairman Water and Sewer District ATTEST: Sheila L. Schult, Clerk to the District Board w~-s x~ 3, ~s: lb AGENDA: February 18, 2008 NEW HANOVER COUNTY BOARD OF COMMISSIONERS AN ORDINANCE AMENDING THE FISCAL YEAR 2008 BUDGET BY BUDGET AMENDMENT 2008-90 BE IT ORDAINED by the Board of the New Hanover County, North Carolina, Water and Sewer District that the following Budget Amendment #2008-90 be made to the annual budget ordinance for the fiscal year ending June 30, 2008. Section 1: Details of Budget Amendment: Fund: Airport/Heritage Park Water & Sewer Capital Project Department: Finance Ex enditure: Decrease Increase Ca ital Project Ex ense $3,500,000 Total $3,500,000 Revenue: Decrease Increase Installment Loan Proceeds $3,500,000 Total $3,500,000 Section 2: Explanation This budget amendment is to establish the budget for Airport/Heritage Park Phase One Water and Sewer Capital Project. Installment loan proceeds will provide funding for the project, Section 3: Documentation of Adoption: This ordinance shall be effective upon its adoption. NOW, THEREFORE, BE IT RESOLVED by the Board of the New Hanover County, North Carolina, Water and Sewer District that the Ordinance for Budget Amendment 2008-90 amending the annual budget ordinance for the fiscal year ending June 30, 2008, is adopted. Furthermore, pursuant to Section 1.1 SO-2 of the Treasury Regulations, the County may reimburse itself from the proceeds of any future debt to be hereinafter incurred by the County for this project. Adopted, this 18`h day of February, 2008. ~~. Wi liam A. Kopp, Jr., District irman ~T EST: <~~ ~ Sheila L. Schult, Clerk to the District Board \~~~~i~-~i i ~ iu~iri \\\\\\~Q~ ~R CpU~ ~///i ...,. ~f~ ~_ ~. Y ~ `r t n 'i ~ ~ ~~ U ~• • Q ~, /fir//q~ ~' ~ I W ; P,\\\\,* ~~-s x~ 3. zs'.z AGENDA: February 18, 2008 NEW HANOVER COUNTY BOARD OF COMMISSIONERS AN ORDINANCE AMENDING THE FISCAL YEAR 2008 BUDGET BY BUDGET AMENDMENT 2008-89 BE IT ORDAINED by the Board of the New Hanover County, North Carolina, Water and Sewer District that the following Budget Amendment 2008-89 be made to the annual budget ordinance for the fiscal year ending June 30, 2008. Section 1: Details of Budget Amendment; Fund: Water System Enhancements Capital Project Department: Finance Ex enditure: Decrease Increase Ca ital Project Ex ense $2,150,000 Total $2 150,000 Revenue: Decrease Increase Installment Loan Proceeds $2,150,000 Total $2 150,000 Section 2: Explanation This budget amendment is to establish the budget for the Market and Futch Interconnector and the Kerr Avenue Interconnector. Installment loan proceeds will provide funding for these two projects. Section 3: Documentation of Adoption: This ordinance shall be effective upon its adoption. NOW, THEREFORE, BE IT RESOLVED by the Board of the New Hanover County, North Carolina, Water and Sewer District, that the Ordinance for Budget Amendment 2008-89 amending the annual budget ordinance for the fiscal year ending June 30, 2008, is adopted. Furthermore, pursuant to Section 1.150-2 of the Treasury Regulations, the County may reimburse itself from the proceeds of any future debt to be hereinafter incurred by the County for this project. Adopted, this 18"' day of February, 2008. NEST: ~\ .~ ~ Sheila L. Sc ult, Clerk to the District Board William A. Kopp, Jr., District airman l~~~\,pv~~ ~ i ~ ~/'~~~ii ~ ~ r ~ •• s ~m ~` : .n -$ -_ ~' ; ~ V , ~g ~ti r _~ ~~,'~~, 'ti,~ ~~~ni~.x'';,fr~a `~~ /j q ''~1;Pt11i6141~~~~\4 WV--SXg 3Y 2 ~r3 AGENDA: February 18, 2008 NEW HANOVER COUNTY BOARD OF COMMISSIONERS AN ORDINANCE AMENDING THE FISCAL YEAR 2008 BUDGET BY BUDGET AMENDMENT 2008-85 BE IT ORDAINED by the Board of the New Hanover County, North Carolina, Water and Sewer District that the following Budget Amendment 2008-85 be made to the annual budget ordinance for the fiscal year ending June 30, 2008. Section 1: Details of Budget Amendment: Fund: General Water & Sewer Capital Projects Department: Finance Ex enditure: Decrease Increase Ca ital Pro'ect Ex ense $580,030 Transfer to Fund 800 $580,030 Total $580,030 $580,030 Revenue: Decrease Increase Total Fund: Water & Sewer Department: Water & Sewer Administration/Water & Sewer Finance Ex enditure: Decrease Increase Total Revenue: Decrease Increase Administration: Transfer in from Ca ital Projects $580,030 Finance: A ro riated Fund Balance $580,030 Total $580 030 $580 030 Section 2: Explanation This budget amendment is to close various capital projects within Fund 895 (General Water/Sewer Capital Projects). The funds remaining in these projects are being transferred back to Fund 800 (the Water/Sewer Fund), which originally funded them. Prior to actions taken at this Board of New Hanover County, North Carolina, Water and Sewer District meeting, the Water and Sewer District Appropriated Fund Balance is $7,272,879. Section 3: Documentation of Adoption: This ordinance shall be effective upon its adoption. NOW, THEREFORE, BE IT RESOLVED by the Board of the New Hanover County, North Carolina, Water and Sewer District, that the Ordinance for Budget Amendment 2008-85 amending the annual budget ordinance for the fiscal year ending June 30, 2008, is adopted. Adopted, this 18`j' day of February, 2008. ' ~~ William A. Kopp, Jr., District irman ATTEST: Sheila cult, Clerk to the istr~ Board iiii111fi11l1//~~~~~ `~~\~ w t R Cpl ///i ~~t .f' Wiz! * ~y ... ~~ ~~4 ~ rtlU~