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2 <br />1 has received in -kind contributions from the Town of 1,000 square feet of space in the Century <br />2 Center, plus utilities, phone, internet and other technology support. The value of this cash and <br />3 in -kind contribution is approximately $30,000 per year. <br />4 The County looks forward to continuing and expanding this partnership for the Orange County's <br />5 new Southern Branch Library. <br />6 <br />7 Southern Branch Library - Estimated Project Activity Timeline <br />This estimated timeline for the development, Estimated Completion Date <br />construction, and operation of the potential <br />Southern Branch Library is as follows. A <br />conservative 4 -6 month contingency interval for is <br />reasonable for planning purposes and process <br />delays. Bolded activities signify Board of County <br />Commissioner actions. Event <br />Board of County Commissioners Action: <br />October, 2014 <br />Approval of Letter of Intent between Orange <br />County 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 <br />December, 2016 <br />(est. 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 />8 Jeff Thompson said space planning and programming has been put off until after the <br />9 contract negotiations are complete. He thanked staff members who have participated in this <br />10 process. <br />11 Commissioner Price asked about the Carrboro Conditional Use Permit (CUP) process. <br />12 Jeff Thompson said the CUP process will happen parallel to the schematic design work. <br />13 Commissioner Price asked about the guaranteed maximum price, which is listed prior to <br />14 the date of completed design work. <br />15 Jeff Thompson said he will look into this. <br />