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Public Schools of North Carolina <br />Qualified School Construction Bonds Program (QSCB) <br />PROPOSED SPENDING PLAN AND PROJECT SCHEDULE <br />LEA <br />Date <br />LEA Code _ _ _ School Code _ _ _ DSP Property Number (if known) <br />School <br />Pro on sed S endin Plan <br />Administration costlBond issue costs (max 2%) $ <br />Design fees $ <br />New construction cost ~ <br />Renovation cost ~ <br />Land cost $ <br />Total project cost $ <br />Amount of QSCB authority requested $ <br />Other sources of funding and amounts for overall project $ <br />(Note: Funds and reporting are NOT allowed to be comingled) <br />To comply with the Federal QSCB requirements, we understand that a commitment in the form <br />of contracts for the work for 10% of the funds must be made within 6 months and the remainder <br />must be spent within 3 years after the issue of QSCB bonds. Signed <br />Provide a written explanation clearly showing the means by which the district intends to repay <br />the bond principal upon maturity. <br />Proposed Project Schedule <br />Date of design start <br />Date of project start <br />Estimated completion date <br />Grades <br />Attachment number 3 <br />Page 159 of 315 <br />F-7 <br />