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

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14 1 million annually. This would represent property tax rate equivalent of 4.89 cents on the current 2 property tax rate. 3 Future debt capacity for a potential general obligation bond referendum can increase or 4 decrease due to the following circumstances: 5 6 • Future increases or decreases in interest rates 7 • Future changes or modifications to the capital investment plans of the County and /or both 8 School Districts (individually or collectively) 9 • Future changes of a legislative or regulatory nature 10 11 Alderman Slade said there is a resolution at their places that the Carrboro Board of 12 Alderman passed regarding the energy efficient needs for renovating the schools. He said the 13 facility upgrades provide a huge opportunity to do some of the energy efficiency upgrades. He 14 said this can generate 25 to 30 percent cost savings. He said Carrboro's overall goal is to 15 reduce greenhouse gas emissions 40 percent below 1990 levels by 2020, and schools in the 16 town represent 6 percent of emissions. He encouraged the boards to include comprehensive 17 energy efficiency improvement goals in this process. 18 Alderman Chaney left at 9:00pm. 19 Alderman Haven O'Donnell thanked Alderman Slade for bringing this resolution forward 20 to the Town of Carrboro and to this body. She looks forward to the opportunity to enact some 21 of these recommendations that have been worked on for so long. 22 Chair Jacobs said the County has green building standards, and the most recently built 23 schools incorporate this. He said the other schools will be brought up to these same standards 24 as retrofits are done. 25 Alderman Slade asked if other items could be considered for a bond referendum, such 26 as affordable housing. 27 Chair Jacobs said affordable housing is on the table, but the Board has not actually 28 decided what will be done. He said there are many groups outside of the schools and the 29 towns that have needs and interests, and the Board will see what other groups make sense in 30 coming to the table. 31 Alderman Slade said there has been interest from his Board to see affordable housing 32 represented, and he would like to add the suggestion of thinking about climate change. 33 34 5. Rural Buffer 35 a. Rural Buffer and Countywide Population Projections 36 Craig Benedict said the projections information presented tonight is a compilation of 37 input from all of the local governments during the Metropolitan Planning Organization process 38 to develop the long range transportation plan. He said these plans were loaded into a model 39 called "Imagine 2040." He said the numbers in the packet were designed to show the 40 conditions in 2010. 41 He said the information packet shows some striking numbers that need to be realized. 42 He said if these trends can be accommodated with current land use plans, then we move 43 forward; if these cannot be accommodated with current land use plans, then local governments 44 will need to make some adjustments. 45 Craig Benedict reviewed several maps and charts regarding population, dwelling, and 46 employment in the towns and County. He said the population growth in unincorporated Orange 47 County is projected to be 28,000 by 2040. He said the rural buffer projection looks at available 48 land and makes assumptions about single family and multi - family building and sprawl. He said 49 the population increase in the rural buffer is estimated to be 14,000. He reviewed the maps and 50 zoning.