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RES-2015-029 Resolution providing final approval of terms and documents for 2015 County installment financing
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RES-2015-029 Resolution providing final approval of terms and documents for 2015 County installment financing
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Last modified
3/6/2019 10:12:29 AM
Creation date
5/20/2015 2:50:02 PM
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Template:
BOCC
Date
5/19/2015
Meeting Type
Regular Meeting
Document Type
Resolution
Agenda Item
7c
Document Relationships
Agenda - 05-19-2015 - 7c
(Linked To)
Path:
\Board of County Commissioners\BOCC Agendas\2010's\2015\Agenda - 05-19-2015 - Regular Mtg.
Minutes 05-19-2015
(Attachment)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2015
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Exhibit A—Proiect Components <br /> Project Component Estimated Cost ($) <br /> Improvements to Cedar Grove Community 2,800,000 <br /> Center <br /> HVAC projects at various County facilities 360,000 <br /> Roofing projects at various County facilities 180,000 <br /> Information technology (including central 1,250,000 <br /> permitting software) <br /> Communications systems improvements, 125,000 <br /> especially for the Sheriff's department and <br /> emergency services systems <br /> Soccer.com soccer center—improvements and 125,000 <br /> land acquisitions <br /> Lands Legacy acquisitions 2,400,000 <br /> Efland water and sewer improvements 4,600,000 <br /> Sportsplex—pool mezzanine 950,000 <br /> Improvements for Eubanks Road solid waste 1,100,000 <br /> convenience center <br /> Vehicle replacements 760,000 <br /> In-car camera replacements for Sheriff's office 520,000 <br /> Board of Elections equipment 700,000 <br /> TOTAL 15,870,000 <br /> The County will use additional financing proceeds to pay financing costs. <br /> Exhibit B-- Draft Documents <br /> (a) A draft dated April 30, 2015, of an Installment Financing Contract to be dated on <br /> or about June 1, 2015 (the "Financing Contract"), between the County and Orange County Public <br /> Facilities Company (the "Company), providing for the advance of funds to the County, for the <br /> County's obligation to repay the amounts advanced, and for the County's responsibilities for the <br /> use and care of the collateral. <br /> 5 <br />
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