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Agenda - 05-06-2003 - 7a
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Agenda - 05-06-2003 - 7a
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7/12/2011 2:33:41 PM
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7/12/2011 2:33:40 PM
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BOCC
Date
5/6/2003
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
7a
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• Orange County Public Library Branch, 900 Old Fayetteville Road, Chapel Hill (located inside <br />of McDougle Middle School) <br />• Chapel Hill Public Library, 100 Library Drive, Chapel Hill <br />During the public hearing, staff will provide a brief presentation highlighting major components <br />of the proposed long-range capital plan. Following the public comment period, staff will be <br />available to respond to citizen and Commissioner comments or questions. Further discussion <br />and adoption of the 2003-13 CIP are tentatively scheduled for Board of Commissioner work <br />sessions in May and June 2003. <br />FINANCIAL IMPACT: There is no financial impact of conducting the CIP public hearing. The <br />long range County capital plan totals $119.4 million with an additional $47 million in unfunded <br />needs. Monies for the funded projects come from a variety of revenue sources (examples <br />include 2001 voter approved bonds, alternative financing methods such as loans, School <br />Construction Impact Fees,'/2 Cent Sales Taxes). <br />RECOMMENDATION(S): The Manager recommends that the Board conduct the public <br />hearing for the County's 2003-13 Capital Investment Plan (CIP). <br />
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