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ORANGE COUNTY - <br /> BOARD OF COMISSIORERS ACTION AGENDA <br /> ACTION AGENDA ITEM ABSTRACT rTEIi NO, <br /> MEETING DATE April 22 1986 _ _ <br /> 018 <br /> SUBJECT: Presentation By Orange County and - - <br /> Chapel Hill-Carrboro School system <br /> of their capital needs <br /> OEPAR T MEN;T-:Manager . - - I I PUBLIC HEARING: x YES NO .J <br /> ATTACHMENT(S) : INFORMATION CONTACT: Manager's Office <br /> 1. School Capital Reserve Fund Long Range ext. SOl _ <br /> - Plan and Budget . PHONE NUMBERS: HILLSBOROUGH •-- 737--8181 <br /> HILLSBOROUGH -- 732--9351 <br /> 2. Funding Alternatives For Long Range - - CHAPEL HILL - 967-9251 <br /> School Capital CMEB3ANE 227-2031 <br /> - 3. Letter from Superintendent of Chapel DURHAM -- 688-7331 <br /> Hill-Carrboro Schools <br /> .mow <br /> PURPOSE: To hear a report from each-school system on their capital needs and tb receive <br /> public comment regarding school 'capital needs.:For the Commissioners information, <br /> we have included the School Capital Reserve 'Fund Long Range Plan and Budget <br /> • as previously approved (including projections of future earnings) as well. as <br /> the report on •possible funding alternatives for school 'capital as presented <br /> -by the Finance Director at the public hearing on April 7th. <br /> NEED: Each school system is experiencing exceptional-capital needs which are being <br /> intensified•by the rapid growth in the County. Each system wial outline ' <br /> those needs during the presentations. - <br /> _IMPACT: The attached letter from the Chapel Hill-Carrboro .School System outlining <br /> the revised space needs and estimated costs of the Glenwood and Estes <br /> Hills multipurpose building should be noted. <br /> RECOMMENDATION(S) : - <br /> • <br /> • <br />