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• Durham Tech Community College (Orange County Campus) — moved a total of <br /> $20,000,000 from Years 3 through 5, to Years 6-10 related to the proposed new Health <br /> Technology Building. <br /> Also, since the May 9, 2017 work session, staff has received bids for the Buckhorn EDD — <br /> Efland Sewer to Mebane, Phase 2 Extension project and the following adjustment can be <br /> made: <br /> • Buckhorn EDD — Efland Sewer to Mebane, Phase 2 Extension (Proprietary Project) — <br /> remove $1,400,000 in Year 1 as it is no longer needed based on recently received <br /> project construction bid. Note: this project is funded with Article 46 Sales Tax proceeds <br /> so there is no impact on the County Tax Supported debt affordability and capacity. <br /> In addition, adjustments have been made to the School Capital Projects in regards to the FY <br /> 2017-18 budgeted ADM percentages, as well as budgeted Article 46 Sales Tax proceeds, to be <br /> consistent with the FY 2017-18 Manager's Recommended Operating Budget. Note: the FY <br /> 2017-22 Capital Investment Plan was presented prior to the presentation of the FY 2017-18 <br /> Manager's Recommended Operating Budget. <br /> Also, at the June 13, 2017 work session, staff will provide information related to capital projects <br /> which have additional/new revenue, potential partner cost sharing, and/or operational savings. <br /> The County's financial advisor, Davenport and Company, has prepared updated County Tax <br /> Supported CIP Discussion materials (See Attachment 4), which reflects the changes listed <br /> above as part of FY 2017-22 Alternative 2. <br /> FINANCIAL IMPACT: There is no immediate financial impact associated with discussion and <br /> prioritization of the FY 2017-22 Capital Investment Plan. It is a long-range financial planning <br /> tool with a financial impact in FY 2017-18, if the first year of the CIP is approved by the Board of <br /> County Commissioners with the adoption of the Annual Budget. <br /> SOCIAL JUSTICE IMPACT: <br /> There is no Orange County Social Justice Goal Impact associated with discussion of this item. <br /> RECOMMENDATION(S): The Manager recommends the Board review and discuss the <br /> prioritization of Capital Projects within the Manager's Recommended FY 2017-22 Capital <br /> Investment Plan and provide direction to staff. <br />