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Staff will bring back an analysis on this site. Chair Jacobs said to add to the pros and cons the timing of some of these things. Especially with the Whitted Building, there is no guarantee of when the County will be moved out, so there needs to be a plan. He asked staff to go through the CIP and look at the functions that are homeless or un-located, such as an administrative headquarters for Parks and Recreation or a central office for schools, and consider using the Whitted Center for these rather than building a new building. This could save money. Pam Jones said that the County is closer than it has ever been to fulfilling the needs listed in the space study. Chair Jacobs asked if the County has communicated lately with the Town of Chapel Hill about the downtown Chapel Hill post office/court facility. Laura Blackmon said not within the last month or so. More will be known after the completion of the justice facilities. Commissioner Gordon said that it would be helpful to have listed what these buildings are used for and make the document more readable. She requested that be accomplished and the resulting document be given to the Commissioners. b. Tentative Proposed Debt Issuance Plans To Meet Unfunded County And Schools' Capital Needs Laura Blackmon said that this item came out of the March 6th County Commissioners' meeting regarding the purchase of the old Wal-Mart. Attachment 2 addresses the tentative proposed debt issuance plans. The Proposed Issue #1 for alternative financing includes Animal Services Facility Construction, Remainder of 2001 Voter Approved Bonds, and Efland Sewer Completion. Commissioner Gordon asked about the detail for the Efland Sewer Completion. Donna Coffey said that this is part of what the Board of County Commissioners spoke to County Engineer Paul Thames about on February 19th when he brought a report back to the Board that identified that, in order to complete the project to the point that the Commissioners wanted it completed, an additional $1.7 million was needed. Chair Jacobs said that the Board said that there would be a public hearing, and he thinks that the total cost could go up to more than $2 million. Donna Coffey made reference to Attachment 2 and Proposed Issues #1 and #2 and said that these are already programmed into the debt service and would not affect the debt capacity charts. The next two pages have debt service that is not yet programmed. Page 2 lists what the County could afford, given the debt service capacity, for the next four years and for the last four years of the CIP. This is a tentative proposal to meet unfunded needs of the County and schools. For 2009-2013, there is a debt service face value capacity of$154 million that can be issued. Proposal Issue #4 is where the old Wal-Mart facility fits in at $25.3 million. This would be the purchase of Hillsborough Commons, costs to upfit the building, and construction of a 15,000-square foot addition to the Southern Human Services Center to relocate the dental health clinic from Carr Mill Mall as well as provide health services. Donna Coffey reviewed lines 10-16 on page 4. She said that this is a very aggressive proposal. Laura Blackmon said that this proposal would incur some tax rate increases and the Board may want to wait until after the May 6th referendum to determine what should be on this list, should the voters approve the Land Transfer Tax.