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1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> Action Agenda <br /> Item No. Y-A_ <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: August 20, 1996 <br /> SUBJECT: Long Range School Capital Funding Options <br /> DEPARTMENT: County Manager/Budget PUBLIC HEARING: YES: NO: x <br /> BUDGET AMENDMENT: YES: NO: x <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Report John Link, ext 2300 <br /> Sally Kost, ext 2151 <br /> TELEPHONE NUMBERS: <br /> Hillsborough -732-8181 <br /> Chapel Hill -968-4501 <br /> Durham -688-7331 <br /> Mebane -227-2031 <br /> PURPOSE:. To receive a report on options for funding long range school capital needs. <br /> BACKGROUND: Following the January 1996 meeting between the Orange County Board of <br /> Commissioners, the Chapel Hill-Carrboro Board of Education, and the Orange County Board of <br /> Education,the Commissioners directed County staff to work with the staffs of the two school systems <br /> to develop options for funding the long term capital needs identified by the two school systems in <br /> their 1996-2006 Capital Improvements Plans. Staff indicated at that time that such a report could be <br /> prepared and presented by August 1996. <br /> The attached report provides several options for addressing the funding required for the major new <br /> projects over the next few years: a new elementary school to be located in the Southern Village <br /> development; a new middle school to be located in the proposed Meadowmont development; a 500 <br /> student addition to the new East Chapel Hill High School; and a new elementary school in the Orange <br /> County School district. The attached report, with associated spreadsheets and tables, lays out briefly <br /> several of the options that staff recommend be considered by the Board of Commissioners. Budget <br /> Director Sally Kost will make a presentation at the August 20 meeting that will explain in greater <br /> detail the options suggested, and will respond to Board questions and comments. <br /> No decisions are required at this time. However,the Board's comments and direction will be helpful <br /> to the Chapel Hill-Carrboro Board of Education, which is scheduled to discuss on August 22 whether <br /> or not to make a formal request that the Board of Commissioners schedule a November 7 referendum <br /> on expanding the permitted uses of the proceeds of the Chapel Hill-Carrboro district tax to include <br />