Orange County NC Website
Browse       Search
40 <br /> 1 Paul Laughton asked if she would like to see this proportionate to Orange County <br /> 2 Schools (OCS). <br /> 3 Commissioner Gordon said yes. She said CHCSS submitted a plan already, and she is <br /> 4 not sure about OCS. <br /> 5 Paul Laughton said he is not sure that OCS has approved a plan yet, but the goal was to <br /> 6 have this before the summer. <br /> 7 <br /> 8 Proprietary Capital Projects <br /> 9 - Water and Sewer Utilities <br /> 10 Paul Laughton said the Efland Sewer Flow to Mebane accounts for the increase in the <br /> 11 design cost. <br /> 12 <br /> 13 - Solid Waste <br /> 14 Paul Laughton said this includes changes reflecting the movement of the hook lift truck, <br /> 15 to the current year. <br /> 16 Commissioner Gordon asked about the Eubanks Road improvements and the possibility <br /> 17 of the town doing something at their town operations center and how this relates to economies <br /> 18 of scale. <br /> 19 Michael Talbert said the town board has talked about the possibility of a transfer station, <br /> 20 but this would be at least a two year process. <br /> 21 Michael Talbert noted that pages 108 and 109 show updates to the current debt amount <br /> 22 for this year, as well as the general fund budget. <br /> 23 Clarence Grier said the increase in the budget and the debt capacity adds almost $25 <br /> 24 million in debt capacity. <br /> 25 Chair Jacobs said it may be necessary to be more aggressive in borrowing since the <br /> 26 capacity is there. He said if the County has the capacity, they should be discussing a bond <br /> 27 issue of at least$100 million. He said if the goal is to expedite it to the spring primary in 2016, <br /> 28 then the planning process needs to start soon after the Board reconvenes in the fall. <br /> 29 Commissioner Gordon said it is good news that there is $25 million more in debt <br /> 30 capacity. <br /> 31 <br /> 32 CLOSED SESSION <br /> 33 A motion was made by Commissioner Gordon, seconded by Commissioner McKee to <br /> 34 adjourn to a closed session at 10:11 p.m. for the purpose of: <br /> 35 <br /> 36 To discuss matters relating to the location or expansion of industries or other businesses in the <br /> 37 area served by the public body, including agreement on a tentative list of economic <br /> 38 development incentives that may be offered by the public body in negotiations. The action <br /> 39 approving the signing of an economic development contract or commitment, or the action <br /> 40 authorizing the payment of economic development expenditures, shall be taken in an open <br /> 41 session. <br /> 42 § 143-318.11(a)(4). <br /> 43 <br /> 44 VOTE: UNANIMOUS <br /> 45 RECONVENE INTO REGULAR SESSION <br /> 46 A motion was made by Commissioner Gordon, seconded by Commissioner Rich to <br /> 47 reconvene to regular session at 10:48PM. <br /> 48 <br /> 49 VOTE: UNANIMOUS <br /> 50 <br /> 51 ADJOURNMENT <br />