Agenda - 01-20-1987 - Laserfiche WebLink

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ORA GE•Cowry liGTIaI x►�,Etlark r ABSTRACT TTEtt tf0!� WHOM �\G�PiDA I-1E1/1 . MEETING DATE Janua _20, _1987 _ - 1. 1 61 SUBJECT : Schools and County Long-Range Capital. Needs ' ---- . ----- ��-- PUB .I C HEARING: ES x HO . T '- DEPAR 1 OEh f : Finance• _ --.`.......__`. . , . I�IEP..IATIO CONTACT-. Finance Director - ATTACHMENT(S) - ext. 496 . 1. Preliminary Estimates of School . PHONE NUMBERS: HILLSBOROUGH .r 73?--6181 Facility Needs and Long--Range County • , HILLSBOROUGH 732--9361.- Capital Needs - CHAPEL HILL - 967-9251 -MEBANE -- 227-2031 DURHAM 688-7331 PURPOSE: As a follow-up to the financing options presented at the meeting of January 5, additional information concerning the long. range capital . _ - ` ' needs of the schools and the County is included for the Board's - _ consideration and discussion. In order to meet the -January 31. deadl?ne for the School Facility Needs . . Survey as well- as to begin planning-for the.Couhty`(capital. needs that . - will be outlined in the Five Year Capital Improvement Plan presented in the NEED: Spring, additional discussion by the. Boaxd is needed .on the preferred . - approach or combination of approaches to funding_ these..needs. IMPACT: ' Preliminary cost estimates of the school facility needs- and the County • capital needs are included in the attachment where such- estimates are • available. - It should be noted that these are only preliminary estimates. A special : . meeting with the two school--boards is planned for January _27 to receive and- discuss the final results of their surveys before reporting to. the State. - _ • Also, the estimates presented for the County capital needs are subject to additional review and modification by the staff 'before their inclusion - in the Five Year Capital Improvement Plan to be presented to the Board _ at a later date. - - (Any additional •information that becomes available will be presented to the Board at the meeting) . - RECOMMENDATION: To determine the preferred approach or combination of approaches to _ funding the long-range capital needs of the schools and the County.