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2 <br />The CIP has been prepared anticipating continued sloweconomic growth of between 1-2% <br />annually over the next five years. Many of the projects in the CIP will rely on debt financing to <br />fund the projects. <br />Tonight’s work session discussion will be focused on County Capital projects not discussed at <br />the April 9, 2015 work session, Special Revenue Projects (Article 46 Sales Tax), Proprietary <br />Projects (Water and Sewer, Solid Waste, and Sportsplex), Debt Service and Debt Capacity, <br />and Year 1(FY 2015-16) Capital Projects. <br />County Capital projects (not discussed at the April 9, 2015 work session)– Highlights <br />The following County Capital projects will be discussed at tonight’s meeting: <br />HVAC Projects (CIP page 26) <br />Roofing Projects (CIP page27) <br />Information Technology (CIP page 28) <br />Register of Deeds Automation Project (CIP page 29) <br />Government Services Center Annex (CIP page 33) <br />Parking Lot Improvements (CIP page 34) <br />Court Street Annex (CIP page 36) <br />Generator Projects (CIP page 39) <br />Orange County Radio/Paging Systems Upgrade (CIP page 40) <br />Communication System Improvements (CIP page 41) <br />Special Revenue Projects (Article 46 Sales Tax Proceeds) – Highlights <br />The Special Revenue section includes anticipated revenue from the Article 46 (1/4 cent) Sales <br />Tax, with 50% of the proceeds for Economic Development initiatives and 50% for Education <br />(allocated by the ADM count of the two school districts). In FY 2015-16, proceeds are <br />estimated at $2,814,576, with 1.5% growth assumed in subsequent years. A summary is <br />provided within the Special Revenue Projects section of the document listing the recommended <br />uses of these proceeds. <br />Proprietary Projects – Highlights <br />Water & Sewer Utilities: <br />Buckhorn EDD – Phase 2 Extension (Efland Sewer to Mebane) – includes $240,000 in Year 1 <br />(FY 2015-16) for project management funds related to the construction of the project, which will <br />be completed in FY 2015-16; this continues to fit into the long range strategy to ultimately turn <br />over the operation of the Elfandsewer system to the Town of Mebane. <br />Hillsborough EDD - reflects funds of $1,000,000 in Year 1 (FY 2015-16) for construction of <br />water and sewer infrastructure in this EDD. <br />Eno EDD - includes $1,050,000 in Year 1 (FY 2015-16) to begin the construction work in this <br />EDD, as well as an additional $750,000 in Year 2 (FY 2016-17) due to the planned construction <br />timeline crossing two fiscal years. Note: this project has been moved up 2-3 years from the <br />current CIP, because there is a smaller area in the eastern portion of the EDD that could be <br />served by gravity sewer and may offer an opportunity to begin extending infrastructure within <br />the next two years. <br /> <br />