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As Presented to the Chapel Hill Town Council, <br />June 23, 2003, continued to June 25, 2003 <br />ADDENDUM TO <br />SCHOOLS ADEQUATE PUBLIC FACILITIES <br />MEMORANDUM OF UNDERSTANDING <br />This .Addendum to the Schools Adequate Public Facilities Memorandum of <br />Understanding is entered into this day of , 20 , by and among the Town of <br />Carrboro, the Town of Chapel Hill, the Chapel Hill-Carrboro City Board of Education and <br />Orange County. <br />WHEREAS, school membership within the high school level in the Chapel Hill-Carrboro <br />City School District for the 2004-2005 school year is projected to exceed 110% of building <br />capacity; and <br />WHEREAS, a third high school for the Chapel Hill-Carrboro City School District is in <br />the planning stage, on the Orange County 10-year CIP and funding is expected to be committed <br />to the Chapel Hill-Carrboro City Board of Education capital expense fund for this school by <br />Orange County as a result of a combination of bond money, installment financing, impact fees <br />and "pay-as-you-go" CIP revenue;. and <br />WHEREAS, it is anticipated that the third high school in the Chapel Hill-Carrboro City <br />School District will be completed and high school students will begin attending this <br />school when the 2006-2007 school year begins; and <br />WHEREAS, it is in the interest of the parties to the Schools Adequate Public Facilities <br />Memorandum of Understanding among the Town of Carrboro, the Town of Chapel Hill, the <br />Chapel Hill-Carrboro City Board of Education and Orange County (hereinafter "the MOU") and <br />to the citizens of Orange County that the Schools Adequate Public Facilities Program be <br />implemented for the Chapel Hill-Carrboro City School District in 2003 in tandem with the <br />implementation of the Program for the. Orange County School District; <br />NOW, THEREFORE, the parties to this Addendum to the MOU and to the MOU hereby <br />agree that Section 3.g. of the MOU is amended by deleting Section 3.g. and replacing it with the <br />following: <br />Section 3. <br />g. The School District shall determine the amount of available capacity in <br />each school level as of November 15`x' in the base year and each <br />November 15th of the succeeding ten years by subtracting from the <br />building capacity numbers for each of those years the student membership <br />numbers for each of those years. The results shall then be compared with <br />the number of students expected to be added to each school level as of <br />November 15`i' in each year (as determined in accordance with subsection <br />3.f above). If the School District determines that the projected remaining <br />capacity of each school level is sufficient to accommodate the proposed <br />development without exceeding the building capacity levels set forth in <br />