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1 <br />least the last 10 years the Library, County, the Town of Carrboro has maintained a <br />mutually beneficial partnership in providing library services to the residents of Carrboro. <br />While the County has always funded the majority of operating funds, the Town has given <br />the Carrboro McDougle Library an annual contribution of $4000 that primarily goes <br />towards new materials for the collection. The Cybrary has received in -kind contributions <br />from the Town of 1,000 square feet of space in the Century Center, plus utilities, phone, <br />internet and other technology support. The value of this cash and in -kind contribution is <br />approximately $30,000 per year. <br />The County looks forward to continuing and expanding this partnership for the Orange <br />County's new Southern Branch Library. <br />Southern Branch Library - Estimated Project Activity Timeline <br />This estimated timeline for the development, construction, and operation of the potential <br />Southern Branch Library is as follows. A conservative 4 -6 month contingency interval for <br />is reasonable for planning purposes and process delays. Bolded activities signify Board <br />of County Commissioner actions. <br />Event <br />Estimated Completion <br />Date <br />Board of County Commissioners Action: <br />October, 2014 <br />Approval of Letter of Intent between Orange County <br />and Developer <br />Board of County Commissioners Action: <br />December, 2014 <br />Development Agreement, Ground Lease approval <br />Board of County Commissioner Action: <br />April, 2015 <br />Designer, Construction Manager at Risk firms <br />selected through RFQ process <br />Carrboro CUP process (est. 9 months) <br />September, 2015 <br />Board of County Commissioners Action: <br />November, 2016 <br />Design approval, <br />Authorization to finalize construction documents <br />and solicit Guaranteed Maximum Price, <br />Regulatory review & construction permitting, <br />Acceptance of LGC financing review and approval <br />Board of County Commissioners Action: <br />April, 2016 <br />Approval of Guaranteed Maximum Price <br />Project construction & systems commissioning (est. <br />December, 2016 <br />8 months) <br />Board of County Commissioners Action: <br />February, 2017 <br />Condominium Declaration & Associated <br />Agreements, <br />Dissolution of Ground Lease <br />Library Occupancy, <br />February, 2017 <br />Library operations start-up <br />Opening <br />April, 2017 <br />