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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: April 23, 2013 <br /> Action Agenda <br /> Item No. 7-c <br /> SUBJECT: Preliminary Information and Approval to Finance Various Capital Investment <br /> Plan Projects and County Equipment <br /> DEPARTMENT: Finance and Administrative PUBLIC HEARING: (Y/N) No <br /> Services <br /> ATTACHMENT(S): <br /> 1. Listing of Projects to be Financed INFORMATION CONTACTS: <br /> 2. Preliminary Financing Schedule <br /> 3. Preliminary Financing Calendar Clarence Grier, 919-245-2453 <br /> 4. Resolution Providing Preliminary Robert Jessup, 919-933-9891 <br /> Approval of Installment Financing <br /> PURPOSE: To receive preliminary information and approve a resolution authorizing the <br /> scheduling of a public hearing for the installment financing for capital investment projects and <br /> equipment previously authorized by the Board. <br /> BACKGROUND: As part of the FY2012-17 Capital Investment Plan, several projects were <br /> approved for equipment financing. These projects included the following (see Attachment 1 for <br /> additional information): <br /> Debt Financing in FY 2012-13 <br /> County Projects Amount <br /> Southern HSC (Future Planning) $ 300,000 <br /> HVAC Projects $ 1,553,201 <br /> Roofing Projects $ 165,000 <br /> Information Technology $ 702,500 <br /> Whitted Building $ 295,000 <br /> VIPER Radio System $ 543,750 <br /> Communications System Improvements $ 164,000 <br /> Twin Creeks Park- Phase II $ 600,000 <br /> Total $ 4,323,451 <br /> Debt Financing in FY 2012-13 <br /> Water and Sewer Projects Amount <br /> Buckhorn EDD Phase 2 (Article 46 Proceeds) $ 4,256,046 <br /> $ 4,256,046 <br />