Agenda - 04-11-2013 - 3 - Laserfiche WebLink

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Solid Waste — includes recommended funds of $3.16 million in Year 1 (FY 2013 -14) for construction closure costs associated with the Municipal Solid Waste (MSW) Landfill. The Landfill closes on June 30, 2013, but the construction closure costs will occur during FY 2013- 14 due to the delay by the State on approval of the closure plan. Recommended funding for Recycling Operations has changed significantly from the previously approved CIP, with funding based on a plan to move to franchising /privatization of curbside services. Sportsplex — includes funding in Year 2 (FY 2014 -15) for a Mezzanine addition at the pool area to include dedicated member change areas and lockers, workout rooms, and a senior /adult cardio strength center. The operator of the facility has proposed two new projects, which are included in Years 3 and 4. A new building addition is proposed in Year 3 (FY 2015 -16) at a cost of $1,900,000 that would house an indoor turfed field for soccer, lacrosse, senior walking, running, kidsplex functions, and kickball. A second new building addition is proposed in Year 4 (FY 2016 -17 at a cost of $900,000 that would house a regulation sized high school /college basketball court, including bleacher seating. The operator's revenue projections from these new projects would generate enough funds to cover the additional annual debt service needed for these projects. School Projects — Highlights Chapel Hill- Carrboro City Schools — Based on the Schools Adequate Public Facilities Ordinance (SAPFO) most recent November 15, 2012 projections, a new Middle School #5 would be needed in FY 2017 -18, so funds are recommended in Years 2 -5, with most of the construction funds in Year 4 (FY 2016 -17) to accomplish this target opening date. Pay -As- You -Go (PAYG) funds are estimated at a 1.5% annual growth rate and the Lottery Proceeds are held constant throughout the 5 -year CIP period. Orange County Schools — Consistent with the current approved CIP, funds of $3,328,750 are recommended in Year 2 (FY 2014 -15) for the construction of an auxiliary gym at Cedar Ridge High School, as well as recommended funds of $12,282,960 in Year 3 (FY 2015 -16) for the construction of a 20 classroom addition wing to address over capacity issues at Cedar Ridge High School. 1.5% annual growth in PAYG funds and constant Lottery Proceeds are assumed throughout the 5 -year CIP period. Note: Within the School Capital Projects section, there are three summaries provided that reflect: (1) the Recommended projects, (2) the Requested, but Unfunded projects, and (3) the total amount of the Recommended and Unfunded projects. Appendices — Highlights County Debt Service and Debt Capacity — Based on the Manager's recommended funding, the County's annual debt service as a percent of the General Fund budget would remain under 15% until FY 2017 -18, when it would reach 15.65 %. Note: An additional summary is provided in the Appendices section, which reflects the debt service percent if all the Recommended and the Requested, but Unfunded projects were included during the FY 2013 -18 CIP period. This would increase the percentage to 16.75% in FY 2016 -17, and to 18.04% in FY 2017 -18.