Orange County NC Website
The Board was presented and discussed the Capital Investment Plan at a work session held on <br />March 17, 2011. Changes and corrections, as requested by the Board, have been incorporated <br />in the updated Cl P. New information has, been received from Planning and Engineering, <br />providing details of an additional $5.5 million of Economic Development infrastructure <br />improvements. The three new projects 'are as follows: <br />Bulhor- leave EDD Phases 3 & 3$200,000 <br />Hillsborough EDl 1150;000 <br />Eno EDD i $ , 150,000 <br />FINANCIAL IMPACT: There is no immediate financial impact associated the County's Capital <br />Investment Plan. It is a long -range financial planning tool with a financial impact in FY 12, if <br />the first year of the CIP is approved by the B CC with the adoption of the Annual Budget. <br />RECOMMENDATION(S): The Manager recommends the Board revie w and discuss changes <br />in the County's Capital Investment Plan and provide direction to staff, <br />