Agenda - 03-19-1996 - VIII-D - Laserfiche WebLink

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Orange County 1 Board of County Commissioners Action Agenda Y=-D Item No Action Agenda Item Abstract Meeting Date: March 19, 1996 Subject: Budget Amendment#5 Department Budget Office Public Hearing Yes No x Attachment(s) Information Contact Proposed Capital Project Ordinances Budget Office, ext. 2150 Telephone and Extension Number Hillsborough 732-8181 Chapel Hill 968-4501 Durham 688-7331 Mebane 227-2031 Purpose To approve proposed capital project ordinance for Hillsborough Elementary School. Background At the February 26, 1996, Quarterly Public Hearing, the Board of County Commissioners amended the Impact Fee Ordinance. This revision allows the use of impact fees for renovating existing schools to provide additional student capacity. The Orange County School System is opening in July, Hillsborough Elementary School, the first year round school in Orange County. This school will be located in the old Stanback Middle School. This facility will need renovating and new furnishings, including the library collection, playground equipment, computers and wiring. The project budget through the end of June is $473,750, with $423,750 from Impact Fees and $50,000 from funds previously appropriated by the Board of Commissioners for renovations at the old Stanback School. Note that the Board of Commissioners had appropriated $50,000 from impact fees for a new elementary school. This prior appropriation of$50,000 from impact fees is being combined with the additional $373,750 in impact fees and the $50,000 in pay-as-you-go capital funds. Recommendation The Manager recommends that the Board of County Commissioners adopt the capital project ordinances appropriating impact fees for renovations of Hillsborough Elementary School.