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11 <br /> Commissioner Rich asked Bond Counsel if he could explain the actual process, now <br /> that the bond is passed. <br /> Bob Jessup, Bond Counsel, said the process this evening is the Board, as part of the <br /> consent agenda, formally confirmed the results of the election. He said the regulating authority <br /> wants the County to have construction bids in hand for the projects, on which the money will <br /> be spent. He said this is true of both housing and school projects. He said more than $5 <br /> million should be ready to go to market, and then there will be a bond sale. He said the <br /> County will be ready for a bond sale in the fall 2017, and it is important to know the cost of <br /> projects so that the correct amount of money is borrowed. He said money can be spent prior <br /> to the fall. <br /> Commissioner Rich asked Travis Myren if the County is providing money up front for <br /> these projects, and then reimbursing itself with the bond proceeds in the fall. <br /> Travis Myren said a reimbursement resolution is the next item on the agenda, <br /> proposing to do just that. <br /> Commissioner Jacobs asked Commissioner Burroughs if she was proposing language. <br /> Commissioner Burroughs said she would propose adding the words "or workers" to the <br /> criteria. <br /> Commissioner Jacobs said he agreed with this proposed language. <br /> Commissioner Jacobs said if money is spent down too quickly, funds may be depleted <br /> too quickly, which has happened before. He said he would encourage staff to remember some <br /> projects may be quicker than others, and to take this into consideration as staff rates the <br /> criteria. He said there was a situation years ago where the Board was told that bond money <br /> was available for a project, when it actually was not. <br /> Commissioner Price said when she hears the public share dire situations, due to <br /> bureaucracy, it is very upsetting, and she would like to provide money before June if need be. <br /> Commissioner Marcoplos said he has a problem with the residency/locally-employed <br /> criteria. He is not sure if there is any benefit to including it. <br /> Commissioner McKee said there is another $2 million directed toward affordable <br /> housing, and asked if these funds are ready to be dispersed now. <br /> Travis Myren said $1 million was specifically targeted toward mobile homes, and <br /> another $1 million towards a land banking program, the parameters of which are not yet <br /> defined. He said there are also funds in the operating budget for the rehabilitation and urgent <br /> repairs programs. <br /> Commissioner McKee said there are other funds beyond the $5 million from the bond, <br /> which allows for a bit more flexibility. <br /> Chair Dorosin agreed with Commissioner Marcoplos about the residency requirement in <br /> the scoring criteria, and suggested deleting that provision. <br /> Commissioner Burroughs agreed. <br /> 1) The project scoring criteria as amended in Attachment 2; <br /> A motion was made by Commissioner Burroughs, seconded by Commissioner Price to <br /> remove item B in Attachment 2, pertaining to percentage of Orange County residents served at <br /> time of occupancy. <br /> Commissioner Rich said it is important to take care of locals first, and while she is <br /> amenable to removing item B, she wants to make sure that taking care of those that live and <br /> work in Orange County first remains a goal of the Board. <br /> Chair Dorosin said deleting item B does not mean it is no longer a priority, and he finds <br /> that is not something that is reasonably measured through this matrix. <br />