S ORD-2002-028 Budget Amendment #4

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on the County's ongoing interest in preventing the conversion of agricultural lands to non- agricultural uses, the County.would receive $784,155, or about 36 percent of the total available State funds. In accordance with the grant agreement, Orange County must provide a match of $784,155 over a three-year period. On September 3, 2002, the Board of Commissioners approved a six-year plan to issue bonds and alternative financing for various County related projects. The plan included $3 million in alternative financing for conservation easements with $1 million of the total being included in the upcoming December 2002 issuance of alternative financing. The attached Conservation Easement Capital Project Qrdinance allows for receipt of the federal grant funds. Once the December 2002 issuance is completed, staff will bring forward an amended capital project ortlinance for the Board's approval. (See attached Conservation Easement Capital Project Ordinance) ~ Richard E. Whitted and Northern Human Services Center Capital Projects 4. In Spring 2002, the Board of County Commissioners issued two-thirds n.et debt reduction bonds in the amount of $2.845 million to cover a portion of the costs associated with planned renovations at the Richard E. Whitted and Northern Human Services Centers. On September 17, 2002, the Commissioners approved a plan to allocate the proceeds from these bond funds to _ the respective projects. _The chart below outlines the approved allocations: Whitted Human Services Center HVAC re lacement $2,064,000 Data Wirin $50,000 Tile Re lacement in Central Recreation $80,000 Painting and Floor Covering in offices and corridors of facili $500,000 Contin enc $51,000 Total 2/3 Net Debt Reduction Bonds Allocated to Whi~ted Human Services Project $2,745 000 ~ Northern Human Services Center General Renovations $100,000 Total 2/3 Net Debt Reduction Bonds Allocated to Northern Human Services Project $100,000 Total Cost of Renovations $2,845,000 The attached Whitted Human Services Center and Northern Human Services Center Capital Project Ordinances appropriates the two-thirds net debt funds. (See attached Whitted Human Services Center and Northern Human Services Center Capital Project Ordinances). FINANCIAL IMPACT: Financial impacts are included in the background information above. RECOMMENDATION (S): The Manager recommends that the Board of County Commissioners approve the attached budget ordinance and capital project ordinance amendments.