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7 (a) The County intends that the adoption of this resolution will be a declaration of the County’s official intent to reimburse project expenditures from financing proceeds. The County intends that funds that have been advanced for project costs, or which may be so advanced, from the County’s general fund, or any other County fund, may be reimbursed from the financing proceeds. (b) The Board will hold a public hearing on this matter. The County Manager is directed to set the date and time of the hearing, and the Clerk to this Board is directed to publish a notice of the public hearing in the manner provided for by law. (c) The Finance Officer is directed to take all appropriate steps toward the completion of the financing, including (i) completing an application to the LGC for its approval of the proposed financing, and (ii) soliciting one or more proposals from financial institutions to provide the financing. All prior actions of County representatives in this regard are ratified. (d) The County agrees to accept title to the Grady Brown School property to facilitate the financing arrangements. The Board will approve appropriate documents for this arrangement by later resolution. Ownership of Grady Brown School will revert back to Orange County Schools upon final payment of the installment financing. (e) This resolution takes effect immediately.
8 Exhibit A – list of projects to be financed with estimated amounts Project description Est. Amount Financed Cedar Ridge High School – construction of auxiliary gym 3,328,750 Vehicle replacements 771,209 Various school improvements and repairs for the Chapel Hill – Carrboro system Information Technologies projects – hardware and software acquisition Various school improvements and repairs for the Orange County system (including Grady Brown Elementary) 750,000 746,125 478,000 Soccer.com Soccer Center, Phase II land acquisition 425,000 Purchase new truck for rural curbside recycling 310,090 Purchase of solid waste disposal carts 234,000 Rogers Road water project – easement acquisition 212,000 Cedar Grove Community Center Library Kiosk – purchase and install 180,000 Board of Elections equipment – purchase and install 169,575 Recycling Roll-Cart Distribution and Maintenance Building – purchase and construct Upper Eno Nature Preserve – construct parking lot and trail work 165,000 125,000
Page 1 and 2: Orange County Board of Commissioner
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1 ORD-2016-012 ORANGE COUNTY BOARD
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on annual re-enrollment of insuranc
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Attachment 1. Orange County Propose
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1 ORANGE COUNTY BOARD OF COMMISSION
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7 Orange County, North Carolina --
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RES-2016-022 Attachment 3 9 Resolut
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SanfordHolshouser Bond Election mem
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13 Resolution supporting County’s
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FINANCIAL IMPACT: There is no finan
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DRAFT 4 PROPOSED CHARGE TO BOND EDU
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• *Position #3--- “At-Large Tow
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4 Orange County strives for diversi
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Animal Services Hearing Panel Pool
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Animal Services Hearing Panel Pool
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On Thursday, February 18, 2016 1:48
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3 A MOTION WAS MADE BY ALDERMAN JOH
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SOCIAL JUSTICE IMPACT: Enable Full
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Board and Commission Members And Va
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DRAFT Date Prepared: 03/02/16 Date
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Earl McKee, Chair Mark Dorosin, Vic
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