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Agenda - 03-22-2016 - 7-b - Introduction of Bond Orders and Scheduling of Bond Order Public Hearing in Preparation for Planned November 2016 Bond Referendum
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Agenda - 03-22-2016 - 7-b - Introduction of Bond Orders and Scheduling of Bond Order Public Hearing in Preparation for Planned November 2016 Bond Referendum
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3/18/2016 12:38:29 PM
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3/18/2016 12:38:07 PM
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BOCC
Date
3/22/2016
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
7b
Document Relationships
Minutes 03-22-2016
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Path:
\Board of County Commissioners\Minutes - Approved\2010's\2016
RES-2016-022 Resolution setting public hearing and authorizing filing of debt statement
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Path:
\Board of County Commissioners\Resolutions\2010-2019\2016
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Attachment 6 13 <br /> Resolution supporting County's plan for a school bond referendum <br /> WHEREAS-- <br /> The Orange County Board of Commissioners has made a preliminary <br /> determination to proceed with a referendum asking voter approval for issuing up to <br /> $120 Million in general obligation school bonds. If the County's voters approve the <br /> bonds,the County would allocate some portion of the bond proceeds for capital <br /> projects for this district's facilities. <br /> BE IT THEREFORE RESOLVED by the Board of Education for the Chapel Hill - <br /> Carrboro City Schools, as follows: <br /> 1. The Board of Education supports the County's determination to proceed <br /> with the referendum, and requests that the Board of Commissioners <br /> continue the process and place the referendum before the voters in <br /> November 2016. <br /> 2. The following projects (with estimated costs) are among the projects <br /> that the Board of Education would consider for financing through the use <br /> of any bond proceeds that may become available: <br /> - the renovation of Chapel Hill High School that would include the <br /> replacement of the main academic building with a new classroom <br /> building that increases student capacity, along with renovations and <br /> improvements to the other campus buildings and facilities. The cost <br /> estimate for this project is $51.6 Million. <br /> - the redevelopment of the Lincoln Center Campus by constructing a <br /> facility to centralized Pre K classrooms, a new and expanded Phoenix <br /> Academy that increases student capacity and more appropriately <br /> meets student needs, and space for the administrative offices located <br /> on the second floor above Pre K. The cost estimate for this project is <br /> $21.7 Million. <br /> 3. The Board of Education recognizes that the basis for allocating bond <br /> proceeds to projects has not been finally determined. The allocation will <br /> be the subject of continuing discussion between the Board of Education <br /> and the Board of Commissioners, and the continuing consideration of the <br /> district's needs as they develop over time. <br /> Adopted by the CHCCS School Board on March 17, 2016 <br /> James Barrett, School Board Chair <br />
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