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12 <br /> (a) The Finance Officer is authorized and directed to take all appropriate steps toward the <br /> completion of the financing, including completing an application to the LGC for its approval of the <br /> proposed financing. All prior actions of County representatives in this regard are regard are <br /> approved, ratified and confirmed. <br /> (b) This resolution takes effect immediately. <br /> ***** *** * * ** * **** <br /> A motion was made by Commissioner Foushee, seconded by Commissioner Hemminger to <br /> approve the issuance of approximately $25.5 million in alternative financing for Elementary <br /> School #11 for Chapel Hill — Carrboro City Schools, $3.3 million for other County capital projects <br /> and to refinance existing obligations, and approval of the resolution supporting the County's <br /> application to the Local Government Commission for its approval of the financing arrangements. <br /> The motion was revised to state $21.5 million instead of $25.5 million for Elementary <br /> School#11 for the Chapel Hill-Carrboro City Schools. <br /> VOTE: UNANMOUS <br /> c. 2030 Comprehensive Plan Map Amendment(CP-2011-05) Efland Area <br /> The Board received the Planning Board's recommendation, considered closing the public <br /> hearing, and making a decision on a County-initiated amendment to the 2030 Comprehensive <br /> Plan Land Use Element Map affecting approximately 47 acres near Efland and Brookhollow <br /> Road, along the south side of McGowan Creek (areas are currently classified as Agricultural <br /> Residential and proposed for 10-Year Transition). <br /> Comprehensive Planning Supervisor Tom Altieri made this presentation. He said that this is the <br /> Planning Board's recommendation. He showed a map with the location of the parcel suggested <br /> for amendment. The public hearing on this item was held November 21, 2011. The draft <br /> minutes are included in the packet. The Planning Board unanimously recommended approval of <br /> this amendment to the Board of County Commissioners. This amendment has been proposed to <br /> maintain consistency between the County's land use plan and engineering design work that is <br /> occurring in this area. He made reference to the pink sheet, which was the resolution. <br /> Commissioner Yuhasz said that the owner of this property is a client of his and it has been <br /> determined that he would have no direct benefit from this action and he will be obligated to vote <br /> on it. <br /> NO PUBLIC COMMENT <br /> A RESOLUTION AMENDING <br /> THE 2030 COMPREHENSIVE PLAN <br /> CP-2011-05 <br /> WHEREAS, Orange County initiated amendments to the Orange County 2030 Comprehensive <br /> Plan Land Use Element Map, as established in Section 2.3 of the Orange County Unified <br /> Development Ordinance (UDO), to reclassify approximately 47-acres from Agricultural <br /> Residential to 10-Year Transition (CP-2011-05) , and <br /> WHEREAS, the amendment area is near Efland and Brookhollow Road, along the south side of <br /> McGowan Creek, and Interstates 1-85/40, and <br /> WHEREAS, the parcel is identified as follows: <br /> Parcel Identification Number PIN Acres <br /> 9855-10-8205 146.92 <br />