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Commissioner Brawn is interested in taking a tour of all of the facilities mentioned in the <br />alternative financing and would like to make her decision after seeing the facilities. She would like to see <br />all of the facilities that are listed for funding. <br />Chair Halkiotis agrees with Commissioner Brown. He would like to see the renovation needs <br />in both systems. <br />Commissioner Brown would also like to have a full understanding of the fund balance for the <br />two Schaal systems. She would like to understand the priority system that the two systems use far <br />prioritizing renovations that need to be done. <br />Commissioner Gordan said that she recalls that Finance Director Ken Chaviaus sent out a <br />memo indicating how and for what the fund balance could be used. Ken Chavious said that schools <br />could use fund balance for anything they desire. He thinks that it is a bad idea for the school systems to <br />use their fund balance for operational expenses. <br />John Link recommended that the County Commissioners endorse a process of sending a <br />letter to each school superintendent asking them to prioritize renovation projects for the bond. During <br />the course of the next 4-5 years the total capacity far private placement is $25-30 million, which can <br />address some of the schools' priorities and improvements. In the meantime, the County Commissioners <br />would like to visit the schools that need improvements -either from the band ar from private placement. <br />Commissioner Gordon made reference to projected debt capacity and asked what was <br />included in that capacity. Budget Director Donna Dean said that the best educated guess in August <br />{before the approved bond allocations) was $1 million for affordable housing, $7 million for parks and <br />open space, and $1 million the first two years for senior centers and $2 million the last year. <br />Commissioner Brown asked both school systems for the criteria used far renovations, if any. <br />If there are no criteria, she would like to know this. <br />10. REPORTS <br />a. Greene Tract Work Group Update <br />Commissioner Brawn said that she and Cammissianer Carey met with staff and came up with <br />a proposal for the work group. <br />Commissioner Carey said that the purple sheet summarizes the timeline and the process far <br />the work group. The other members have been appointed and there is a rather ambitious timeframe. He <br />said that it was important to move expeditiously. <br />11. APPOINTMENTS -NONE <br />12. MINUTES -NONE <br />13. CLOSED SESSION -NONE <br />14. ADJOURNMENT <br />With no further items for the County Commissioners to consider, a motion was made by <br />Commissioner Gordon, seconded by Cammissianer Carey to adjourn the meeting at 10:35 p.m. <br />VOTE: UNANIMOUS <br />The next meeting on the approved meeting calendar will be held next Tuesday, September 11th at <br />7:30 p.m. at the Government Services Center in Hillsborough, North Carolina. A meeting of the Bond <br />Education Committee will be held on September 5, 2001 at 5:30 at the Southern Human Services Center <br />in Chapel Hill, North Carolina. <br />Stephen H. Halkiotis, Chair <br />Beverly A. Blythe, CMC <br />