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APR 28 '97 11:56AM TUNL 9196602634 <br /> 36 <br /> Commissioners, <br /> I voted against the 60 million plus dollar bond that is contain within this report. I <br /> believe that we are at the over taxation threshold, families are having to make . <br /> decisions on if they can afford to live in Orange County. What you do, does affect the <br /> cost of living in this County. Please take the time to read the minority report. It will <br /> cause you to think. <br /> At times I felt the school administrations' as well as the county staff were <br /> playing a shell game with the task force. There were questions raised that went <br /> unanswered. <br /> In closing I would like to offer a bond proposal that I believe can win the support <br /> throughout the County. If you have any questions please contact me my phone <br /> number is 942.3814. <br /> 49 Million Qollar Bond Proposal ($1.68 tax rate impact) <br /> 1. Schools <br /> Orange County Schools <br /> Total Cost State Bond end Proposal <br /> New High School $25,000,000 $5,980,160 $19,000,000 <br /> Renovations " $ 4,795,983 $ 4.800.000 <br /> OCS total $ 23,800,000 <br /> Chapel Hill-Carrboro Schools <br /> Middle School #4 $16,400,000 (Tier "A" school bldg.) $ 16,000,000 <br /> Renovations $ 31002,535 CHCCS total $ 19,10,000 <br /> Current Bond <br /> Fund Bequest Bond EM12osal <br /> 2. Efland Sewer $1,200,000 $ 1,000,000 <br /> 3. Recreation & Parks $2,600,000 $ 2,600,000 <br /> 4. Renovations Whitted & <br /> Northern Centers $2,000,000 $ 1,500,000 <br /> 5. Affordable Housing $1,800,000 $ 1.000.000 <br /> *Note: Orange County Schools Renovations - include $1 million to adjust for negative impact <br /> of debt service that would have resulted In OCS receiving $1 million less (per Action Agenda Item#9-9 <br /> dated 1 0-15-96) <br /> Respectfully submitted, <br /> Patrick Mulkey, Vice Chairman <br /> 34 <br />