Agenda - 11-19-2013 - 6a - Laserfiche WebLink

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6 1 Commissioner Dorosin asked for clarification of the state law for paying off bonds for 2 jails. 3 Clarence Grier said the time frame is 20 years for any bond. 4 Commissioner Price said she does not feel that there has been a good analysis on 5 Orange County Schools yet. She would not want to move forward on a bond without this 6 analysis. 7 Chair Jacobs said no one is proposing that only these two items be put on the bond 8 issue. These items are just the impetus for making a decision. He said if the Board decided to 9 go forward with a bond, a bond committee would be formed to vet out these questions. 10 Chair Brownstein said the middle school and OCS needs can be affected directly by 11 these decisions, and any bond may need to include these other issues. 12 Chair Jacobs said the next item will address this. 13 Commissioner McKee said he also wants to make sure all needs are considered. He 14 said this is just the beginning of the process and a bond referendum is likely a year out or more. 15 He noted that new school and old school needs are bumping up against each other as Orange 16 County expands. 17 Mia Burroughs said the old schools are very spread out in both districts, and this will 18 affect when and where a bond will be needed. She said there needs to be some thought 19 regarding what will be appealing to voters county-wide. 20 Commissioner Dorosin asked for clarification on the jail timeline and outside constraints 21 for the building of the jail. 22 Michael Talbert said the lease has been signed, and the County has 5 years from that 23 date. He said construction needs to be underway by year 4 in order to show intent. 24 Commissioner Dorosin asked for the latest date that a bond could be issued to pay for 25 this. 26 Michael Talbert said the discussion of a bond referendum allows an 8 year window to 27 issue debt. 28 Commissioner Dorosin asked when the referendum is needed. 29 Michael Talbert said he recommends the County would need funding by 2016-17, and a 30 bond referendum would be needed 6-9 months before that date. 31 Clarence Grier said the latest date would be November 16, 2014 for that schedule. 32 Chair Jacobs said there has been no discussion or decision of what kind of jail the 33 County would want, or when the old jail would close. This item is here to give guidance on 34 when the County has to act. 35 Commissioner Pelissier said none of the debt capacity included operational costs. She 36 said the sticker price for a new school can be shocking with the inclusion of operation costs. 37 She said it is important to consider this and present the total budget accurately to the public. 38 Commissioner Rich asked if both a school and jail bond would be issued at the same 39 time or separately. She said a bond for a jail could be a hard sell. 40 Bond Attorney Bob Jessup said the program items for the bond have to be presented 41 separately. He said all school projects could be in one item, but he jail would have to be 42 presented separately. 43 Commissioner Rich asked if the voters would still vote on one bond. 44 Bob Jessup said the voters would vote separately for each item on the referendum. 45 Commissioner Price said the packet states that a bond is proposed for 2014. She said 46 the full picture hasn't been considered yet, and she questioned the timeline projected for these 47 items. 48 Chair Brownstein said it sounds as if there are two separate conversations. She said the 49 school districts are trying to work collaboratively on this bond issue to provide incredible detail 50 about the proposed needs and how to address them. She said the jail conversation seems to 51 be in a different place.