Agenda - 01-22-2015 - 6a - Laserfiche WebLink

Browse Search

2 1 Commissioner Price asked if the people collecting the garbage are instructed not to get 2 out of the truck or move the bins. 3 Gayle Wilson said the program is supposed to be fully automated, and workers are 4 instructed to minimize the amount of time in and out of the truck. 5 Commissioner Price asked if the County workers are allowed to get out and straighten 6 the bins. 7 Gayle Wilson said yes. He said 45 damaged bins out of 18,200 bins is not a major 8 problem, but workers will straighten them out as needed. 9 Commissioner Gordon said she is happy to hear about the increased tonnage. She 10 asked when an update will be given on the rural areas, regarding keeping bins or moving to the 11 roll carts. 12 Gayle Wilson said two surveys were sent out to residents in the rural service areas, and 13 7,500 responses have been returned. He said 6,841 of these respondents wanted the roll carts, 14 and about 700 did not. He expects to see the positive number grow. He said this is an opt -in 15 program. 16 Chair Jacobs asked what happens if people decorate their carts. 17 Gayle Wilson said staff would prefer that residents not make any permanent alterations 18 to the carts. 19 Commissioner Dorosin asked for clarification on the proper placement of carts. 20 Gayle Wilson said the preference is that the carts are not in the street, but that they are 21 placed on the sidewalk or grass curb area. 22 23 2. Update on the Ephesus Church Road / Fordham Boulevard Public Improvements 24 and Request for County Investment in the Project 25 Ken Pennoyer said it has been six months since the Town asked Chapel Hill for 26 assistance, and this is an update as well as a suggestion of a somewhat different approach. He 27 said the Town Council approved the right of way and easement acquisition, or phase 1 of the 28 roadway improvements. He said the Town has also received its first development application, 29 for Village Plaza apartments. 30 He reviewed the following PowerPoint slides: 31 32 Ephesus Fordham Renewal Financing Plan 33 34 Redevelopment will enable self - financing of public improvements by using a "Synthetic" 35 Tax Increment Financing. 36 37 The Town is planning an installment financing to pay for $10 million of Ephesus Fordham 38 public improvements by combining financing with the Town Hall Renovation Project 39 40 Synthetic Tax Increment Financing 41 Funds for repayment of the debt will come from the additional (incremental) taxes generated 42 from the redeveloped properties 43 Total Annual Payments would be about $800,000 (20 years) 44 45 Expected Development (Bar Graph) 46 2.2 Million Sq. Ft. & $260 Million Value 47 48 20 Year Cost Benefit Comparison (Graph) 49 Cumulative Debt Service & Town Property Tax Increment 50 51 Major Revenues Schools & County (Chart)