Agenda - 04-13-1999 - 2 - Laserfiche WebLink

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ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: April 13, 1999 Action Agenda Item No. SUBJECT: Presentation of 1999-2009 Capital Investment Plan (CIP) DEPARTMENT: County ManagerBudget PUBLIC HEARING: (Y/1~ No ATTACHMENT(S): INFORMATION CONTACT: 1999-2009 CIP Rod Visser, ext 2300 or Donna Dean, ext 2151 (distributed under separate cover) Tentative Budget Work Session Schedule/Topics TELEPHONE NUMBERS: Hillsborough 732-8181 Chapel Hill 968-4501 Durham 688-7331 Mebane 336-227-2031 PURPOSE: To receive the Manager's presentation of the recommended CIP for 1999-2009. BACKGROUND: Each year, the County Manager and staff update the County's ten-year Capital Investment Plan (CIP). The CIP is a multi-year plan that addresses County and school needs for long- lived assets. Items typically included in the CIP are construction, refurbishment, or purchases of buildings; land acquisition or improvement; and major equipment and vehicle acquisition and financing. This process offers an opportunity to review long-term capital needs and enables timely acquisition and phased financing of major assets. The Manager will make a brief presentation on significant aspects of the proposed 1999-2009 CIP at the April 13 work session and respond to any Commissioner comments or questions. The Board is not expected to make any decisions on project allocations at this meeting. The Commissioners have established a public hearing date of Apri120, 1999 to receive citizen comments on the CIP. Further discussion and major CIP decisions are slated for the May 11 work session. The tentative budget work session schedule also allows for final CIP discussion, if needed, at the June 8 work session. FINANCIAL IMPACT: There is no direct financial impact from the presentation of the CIP. However, the Board will make allocation decisions, for both County and school capital projects, involving several million dollars later this spring. These Board funding decisions for FY 1999-2000 will be enacted through capital project ordinances that will be adopted at the June 21, 1999 Commissioners' meeting. RECOMMENDATION(S): The Manager recommends that the Board receive the presentation for information only at this time.