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ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: November 6, 2014 <br />Action Agenda <br />Item No. 7 -a <br />1 <br />SUBJECT: Preliminary Information and Approval to Finance Various Capital Investment <br />Plan Projects and County Equipment <br />DEPARTMENT: Finance and Administrative PUBLIC HEARING: (Y /N) N� <br />Services <br />ATTACHMENT(S): INFORMATION CONTACTS: <br />1. Description of Projects to be Financed <br />2. Financing Schedule Clarence Grier, 919 - 245 -2453 <br />Robert Jessup, 919 - 933 -9891 <br />PURPOSE: To provide a preliminary finding and approve financing for capital investment <br />projects and equipment for the year. <br />BACKGROUND: As part of the FY2014 -19 Capital Investment Plan, several projects were <br />approved for equipment financing. Those projects included the following (see Attachment 1 for <br />additional information): <br />Projects Requiring Financing Needed in FY 2014 -15 <br />Project Amount <br />County Projects: <br />Cedar Grove Community Center <br />Southern Orange Campus <br />HVAC <br />HVAC Projects (FY2012 -13) <br />Roofing <br />Information Technologies <br />Emergency Services Radio Systems <br />Communication Systems Improvements <br />Soccer.com Soccer Center <br />Lands Legacy <br />Total County Projects <br />$ 2,822,226 <br />400,000 <br />150,000 <br />205,999 <br />179,010 <br />450,000 <br />500,000 <br />122,000 <br />125,000 <br />2,400,000 <br />7,354,235 <br />Water & Sewer Projects: (Paid w/ Article 46 Sales Tax Proceeds) <br />Efland Sewer to Mebane 4,581,400 <br />Total Water & Sewer Projects 4,581,400 <br />Sportsplex Projects: <br />Phase II - Pool Mezzanine 950,000 <br />Total Sportsplex Projects 950,000 <br />