Orange County NC Website
- $7.96 Million <br />• Annual Subsidy Comparison w/$8Million debt, future replacement cost: <br />- Separate Facilities: $1.634 Million ($972 Thousand+$662 Thousand) <br />- Combined Facilities: $1.4 Million <br />- Professional Management Combined: $1.09 Million <br />• Savings is Approximately $500,000 with Combined, Professionally Managed Facility! <br />Interim Recap: <br />• Existing Operation Benchmark Performance <br />• Separate vs. Combined Facility Performance <br />• Subsidy Comparatives <br />• Buy, Build and Operate Combined Facility <br />Public Purpose Highlights <br />• Senior Center Programming Needs Met <br />• Potential Adjacent Senior Housing Development <br />- Available Land <br />- Proximity to Amenities (Sportsplex, Senior Center) <br />Regulatory Issues <br />• Neuse River Watershed <br />• Zoning Issues <br />• Parking <br />• Intended Use <br />• Hillsborough Development Ordinance <br />Financing and Ownership <br />