Orange County NC Website
15 <br /> 1 good workers, and some have become citizens. He said it is not the BOCC's responsibility to <br /> 2 track down illegals. He said the great majority of the people being helped are here legally. He <br /> 3 said help will likely be given to someone that is here illegally, but he cannot agree with the <br /> 4 notion of only helping legals, or helping no one at all. He said he will support this, though he <br /> 5 has some concerns. <br /> 6 Chair Dorosin said this is an important matter, and it is a critical issue facing our <br /> 7 immigrants. He said there is an increase in discrimination of immigrants, and many of them <br /> 8 are fearful of vigilante violence, as well as police violence. <br /> 9 Chair Dorosin said he sees this item as spending money on the values that Orange <br /> 10 County holds dear: equality, fairness, engagement, and inclusiveness. <br /> 11 <br /> 12 A motion was made by Commissioner Burroughs, seconded by Commissioner Rich for <br /> 13 the Board to approve the funding requests listed below and approve utilization of the Social <br /> 14 Justice Fund as the funding source for $79,628: <br /> 15 <br /> 16 o El Centro Hispano's expand immigrant legal services, including new BIA Rep <br /> 17 and Project Coordinator positions - $54,168; <br /> 18 o Refugee Community partnership to allocate more staff time to help refugees find <br /> 19 better work opportunities - $14,120 <br /> 20 o Refugee Support Center's rental cost for office space due to loss of current <br /> 21 space - $11,340. <br /> 22 <br /> 23 VOTE: UNANIMOUS <br /> 24 <br /> 25 b. Davenport & Company Independent Financial Review of GoTriangle Durham- <br /> 26 Orange Light Rail Transit Financial Plan <br /> 27 The Board received a presentation by Davenport & Company regarding the GoTriangle <br /> 28 Durham-Orange Light Rail Transit (D-O LRT) Financial Plan. The presentation will clarify the <br /> 29 total costs of the project, the financing mechanisms used to fund the project, and the financial <br /> 30 risks associated with the project including credit, cash flow, and any potential budget <br /> 31 implications. The cost share and transit tax assumptions used in the presentation are presented <br /> 32 for modeling purposes only. They have not been adopted for use in the final Transit Plan. This <br /> 33 information is intended to inform the Board's deliberations on the Orange County Transit Plan <br /> 34 (formerly the Bus and Rail Investment Plan) scheduled for consideration on April 27, 2017. <br /> 35 Travis Myren reviewed the upcoming opportunities for public information and comment <br /> 36 on this topic. <br /> 37 Travis Myren introduced Ted Cole, Davenport Senior VP, who presented the findings of <br /> 38 the Davenport analysis. <br /> 39 <br /> 40 BACKGROUND: On December 5, 2016, the Board of County Commissioners directed the <br /> 41 County Manager to engage a consultant to conduct an independent financial review of the D-O <br /> 42 LRT Project and the financial plan used to demonstrate project's financial viability in the context <br /> 43 of the Orange County Transit Plan. The County executed an agreement with its financial <br /> 44 advisor, Davenport & Company, to review the financial model. <br /> 45 <br /> 46 Since the initial request to independently review the financial plan, GoTriangle created a new <br /> 47 financial model that delineates revenue, expenditure, debt service coverage and cash flow by <br /> 48 county. The model also allows the counties to evaluate different cost share scenarios between <br /> 49 Durham and Orange County for the D-O LRT project. The cost share that was adopted as part <br /> 50 of the 2012 Bus and Rail Investment Plan allocated 77.05% of the capital cost of the project to <br />