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Agenda - 05-02-2017 - 5-a - Public Hearing on the Financing of Various Capital Investment Plan Projects
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Agenda - 05-02-2017 - 5-a - Public Hearing on the Financing of Various Capital Investment Plan Projects
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4/27/2017 3:28:54 PM
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BOCC
Date
5/2/2017
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
5a
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Minutes 05-02-2017
(Linked From)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2017
RES-2017-023 Resolution supporting an application to the Local Government Commission for its approval of a County financing agreement
(Linked From)
Path:
\Board of County Commissioners\Resolutions\2010-2019\2017
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3 <br /> Attachment 1 <br /> Orange County, North Carolina -- Notice of Public Hearing <br /> Financing for Various Public Improvements and Acquisitions <br /> The Board of Commissioners of Orange County, North Carolina, will hold a <br /> public hearing on Tuesday, May 2, 2017, at 7:00 p.m. (or as soon thereafter as the <br /> matter may be heard). The purpose of the hearing is to take public comment <br /> concerning a proposed financing contract, under which the County would borrow an <br /> amount estimated as up to approximately $13,600,000 to pay for the public <br /> improvement projects described below. <br /> Project description Est.Amount Financed ($) <br /> Rogers Road sewer improvements 6,280,000 <br /> Sportsplex field house construction 2,800,000 <br /> Information Technologies projects - hardware and <br /> 1,000,000 <br /> software acquisition <br /> Vehicle replacements 789,722 <br /> Solid waste equipment replacements 562,717 <br /> Emergency services substation construction 500,000 <br /> Generator projects 375,000 <br /> Fairview Park access and parking improvements 325,000 <br /> Facility accessibility and security improvements 319,000 <br /> Roofing projects 194,700 <br />
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