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Agenda - 04-07-2015 - 5b
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Agenda - 04-07-2015 - 5b
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Last modified
6/2/2015 9:35:19 AM
Creation date
4/2/2015 2:49:43 PM
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BOCC
Date
4/7/2015
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
5b
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Minutes 04-07-2015
(Linked From)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2015
RES-2015-019 Resolution supporting an application to the Local Government Commission for its approval of a financing agreement for the County
(Linked From)
Path:
\Board of County Commissioners\Resolutions\2010-2019\2015
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7 <br />ATTACHMENT 2 <br />Orange County, North Carolina -- Notice of Public Hearing <br />Financing for Various Public Improvements and Acquisitions <br />The Board of Commissioners of Orange County, North Carolina, will hold a <br />public hearing on Tuesday, April 7, 2015, at 7:00pm (or as soon thereafter as the matter <br />may be heard). The purpose of the hearing is to take public comment concerning a <br />proposed financing contract, under which the County would borrow approximately <br />$26,470,000 to pay for the public improvement projects described below as well as to <br />refinance two of the County's prior installment purchase contracts to achieve savings to <br />the County. <br />Project description <br />Est. Amount Financed <br />Vehicle replacements <br />$ <br />760,000 <br />In -car camera replacements for Sheriff s office <br />$ <br />520,000 <br />Board of Elections equipment <br />$ <br />700,000 <br />Improvements to Cedar Grove Community Center <br />$ <br />2,800,000 <br />Southern Orange Campus planning and <br />improvements <br />$ <br />400,000 <br />HVAC projects at various County facilities <br />$ <br />360,000 <br />Roofing projects at various County facilities <br />$ <br />180,000 <br />Information technology (including central permitting <br />software) <br />$ <br />1,250,000 <br />Communications systems improvements, including <br />Sheriff s department and EMS systems <br />$ <br />125,000 <br />Soccer.com soccer center improvements <br />$ <br />125,000 <br />Lands Legacy acquisitions <br />$ <br />2,400,000 <br />
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