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3<br />

Orange County, North Carolina -- Notice of Public Hearing<br />

Financing for Various Public Improvements and Acquisitions<br />

The Board of Commissioners of Orange County, North Carolina, will hold a<br />

public hearing on Tuesday, March 22, 2016, at 7:00 p.m. (or as soon thereafter as the<br />

matter may be heard). The purpose of the hearing is to take public comment concerning a<br />

proposed financing contract, under which the County would borrow an amount estimated<br />

as up to approximately $8,150,000 to pay for the public improvement projects described<br />

below.<br />

Project Description<br />

Estimated Amount<br />

Financed<br />

Cedar Ridge High School – construction of auxiliary gym 3,328,750<br />

Vehicle replacements 771,209<br />

Various school improvements and repairs for the Chapel<br />

Hill – Carrboro system<br />

Information Technologies projects – hardware and software<br />

acquisition<br />

Various school improvements and repairs for the Orange<br />

County system<br />

750,000<br />

746,125<br />

478,000<br />

Soccer.com Soccer Center, Phase II land acquisition 425,000<br />

Purchase new truck for rural curbside recycling 310,090<br />

Purchase of solid waste disposal carts 234,000<br />

Rogers Road water project – easement acquisition 212,000<br />

Cedar Grove Community Center Library Kiosk – purchase<br />

and install<br />

180,000

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