Orange County NC Website
~~~ <br />Discussion ensued on how the bond issue funds would be allocated to the two school <br />districts. John Link suggested allocating on the same percentage as the requests that <br />were received. With a twenty-five million dollar band issue, 59.4 ~ or eleven million <br />would go to Chapel Hill/Carrboro School District and 41.6 or seven million to Orange <br />County Schools. With a thirty million dollar bond issue it would mean 12.5 million for <br />Chapel Hill/Carrboro and 8.5 million for Orange County Schools. Their was a consensus <br />of the Board that this was a reasonable split. <br />Superintendent of Orange County Schools Dan Lunsford expressed concern for meeting <br />the remainder of the needs that would not be paid by the bond monies stating it was <br />crucial to recognize the need for the second elementary school. <br />Ted Parrish, Chair of the Chapel Hill-Carrboro School Board questioned if the <br />schools should nat get more money and the county projects less money. In response, <br />Chair Marshall emphasized that the telephone survey indicated that the schools are not <br />the only priority and there is a lot that needs to be balanced. <br />It was decided that a thirty million dollar bond issue would be_presented for <br />public comment at a public hearing to be held on July 5 at 7:30 in Superior Courtroom, <br />Hillsborough, North Carolina. A special meeting will be held on July 7, 1988 at 7:30 <br />p.m. in the courtroom o£ the old Post Office, Chapel Hill, North Carolina for the <br />purpose of (1) adopting a resolution authorizing submission of application for issuance <br />of Bonds to Local Government Commission, (2) hiring bond counsel, (3) making final <br />decisions on amount and projects to be included in a bond issue and (4) continuing any <br />items left from the July S meeting. <br />Discussion on the bond counsel resulted in a consensus to stay with the same bond <br />counsel in New York. <br />With no further discussion, Chair Marshall adjourned the meeting. <br />Shirley E. Marshall, Chair <br />Beverly A. Blythe, Clerk <br />MINUTES <br />ORANGE COUNTY BOARD OF COMMISSIONERS <br />WORK SESSION ON THE PROPOSED BOND ISSUE <br />JUNE 29, 1988 <br />The Orange County Board of Commissioners met in Special Session on June 29, 1988 at <br />4:00 p.m. in the Commissioners' Conference Room, Court Street Annex, Hillsborough, North <br />Carolina for the purpose of holding a work session on the proposed bond issue. <br />BOARD MEMBERS PRESENT: Chair Shirley E. Marshall and Commissioners Moses Carey, <br />Jr., Stephen Halkiotis, John Hartwell and Don Willhoit. <br />ATTORNEY PRESENT: Geoffrey Gledhill. <br />STAFF PRESENT: County Manager John M. Link, Jr., Assistant County <br />Managers William T. Laws and Albert Kittrell, Recreation and Parks Director Mary Anne <br />Black, Clerk to the $oard Beverly A. Blythe, Budget Analyst Donna Wagner. <br />County Manager John Link reviewed certain specific projects as listed in the CIP. <br />