Agenda - 03-23-2000 - 5 - Laserfiche WebLink

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ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: March 23, 2000 Action Agenda Item No. 42' SUBJECT: Presentation of 2000 -2010 Capital Investment Plan (CIP) DEPARTMENT: County Manager /Budget PUBLIC HEARING: (Y /N) No ATTACHMENT(S): 2000 -2010 Recommended CIP (to be distributed prior to work session under separate cover) INFORMATION CONTACT: Rod Visser, ext 2300 or Donna Dean, ext 2151 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 2000 -2010. 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 and Budget Director will make a brief presentation on significant aspects of the proposed 2000 -2010 CIP at the March 23 work session and respond to any Commissioner comments or questions. This presentation is intended to be `Yor information only " at this time - the Board is not expected to make any decisions on project allocations at this meeting. Time has been allocated at the March 29 Commissioners' budget work session to review the CIP in more detail. Furthermore, the Manager recommends that the Commissioners establish a public hearing date of April 17, 2000 to receive citizen comments on the CIP. Final discussion and major CIP decisions would then be slated for the May 9 budget 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 2000 — 01 will be enacted through capital project ordinances that will be adopted in June 2000. RECOMMENDATION(S): The Manager recommends that the Board receive the presentation for information only at this time, and set a public hearing on the CIP for 7:30pm on Monday, April 17, 2000 at the Southern Human Services Center in Chapel Hill.