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Chair Jacobs would also like to knave haw long overdue the accounts are. <br />A motion was made by Commissioner Halkiotis, seconded by Commissioner Brown to <br />approve and authorize the Chair to sign a resolution allowing the County Solid Waste Management <br />Department to perform necessary collection activities as provided in Orange County laws and <br />ordinances. <br />VOTE: UNANIMOUS <br />g_ Contract with People's Channel for BOCC Meetings <br />The Board considered renewing a contract with the People's Channel to telecast Board of <br />County Commissioners meetings for FY 2002-2003. <br />Commissioner Brown asked if all of the County Commissioners' meetings were shown an all <br />of the cable stations in the area. She said that somehow Carrboro's meetings are not available for <br />viewing in the Chapel Hill cable network. She does not understand how this works. County Attorney <br />Geof Gledhill said that it is a franchise issue. He said that the County Commissioners' meetings were <br />not seen in Carrboro. <br />Chair Jacobs said that he and Commissioner Carey met with several representatives of the <br />Triangle J Cable Consultation group and with the Chair of the Cable TV Committee. They came up with <br />a strategy for trying to reengage Time Warner to augment what we already have and to try and get them <br />to fulfill their obligations. One of the issues that was raised was that Carrboro could not view County <br />Commissioners' meetings. <br />Commissioner Halkiotis said that he hopes that the People's Channel will be around for a long <br />time. <br />Commissioner Brown asked if the People's Channel was willing to televise other meetings of <br />the County Commissioners. Purchasing and Central Services Director Pam Jones said that they have <br />always accommodated the County before on different meetings. The cost is based on a per unit basis. <br />A motion was made by Commissioner Halkiotis, seconded by Commissioner Carey to renew <br />and authorize the Chair to sign a contract with the People's Channel to telecast Board of County <br />Commissioners meetings for FY 2002-2003. <br />VOTE: UNANIMOUS <br />9. ITEMS FOR DECISION -REGULAR AGENDA <br />a. Scope and Timeline for Sale of 20Q1 Bonds and Alternative Financing <br />The Board considered amending as needed and approving staff plans to pursue the first sale <br />of voter approved 2001 general obligation bonds far the first installment of planned alternative capital <br />financing. <br />John Link said that they have tried to capture the comments made by the County <br />Commissioners previously. He said that Ken Chavious has some good news about how the County can <br />potentially save money in financing by rolling over some existing bonds with a refinancing in March as <br />well as pursuing the proposed bond sale in March. <br />Budget Director Donna Dean said that the proposal has asix-year plan. The $75 million band <br />package is included as well as the $37.8 million in alternative financing that were the priority needs <br />identified by the Capital Needs Task Force. She made reference to Table 5, the multi-colored page and <br />said that this outlines the differences between what the Board saw in March, 2002, the last iteration from <br />June, and then what is being proposed tonight. One of the changes is the issue dates. The proposal is <br />that the alternative financing issue be done in December 2002 and that the first issue of the bond be <br />done in March 2003. By issuing the alternative-financing plan earlier, we are able to take advantage of <br />being bank qualified. This means that we issue less than $10 million in a calendar year. This allows us <br />to take advantage of some lower interest rates. The first bond issue would be $19.1 million. <br />Another change is the addition to the Board of Education that the Orange County Schools had <br />proposed. Orange County Schools are exploring different alternatives for locating their Central Office <br />Staff from the Hillsborough Elementary location and possibly relocating them at other current facilities <br />within the district. They may not require the addition to be built. The proposal is that we postpone the <br />$1.6 million in alternative financing, and if it were needed, then it would be issued in future years. <br />Regarding the alternative financing plan, Donna Dean said that they were hoping that <br />sometime very soon that the Board would determine whether this is the plan that we are going to go with. <br />