Agenda - 04-16-1991 - Laserfiche WebLink

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ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: April 16, 1991 SUBJECT: Request by Chapel Hill - Carrboro City Schools to Reallocate Bond Proceeds and Allocate $95,585 in Discretionary Funds DEPARTMENT BUDGET OFFICE ATTACHMENTS) Letter from Dr. House Proposed Capital Project Ordinances Financial Summary of Request I Action Agenda Item No X-11 PUBLIC HEARING YES NO x_ INFORMATION CONTACT BUDGET OFFICE, EXT 2151 TELEPHONE NUMBER Hillsborough 732 -8181 Chapel Hill 968 -4501 Mebane 227 -2031 Durham 688 -7331 PURPOSE: To consider the request by the Chapel Hill - Carrboro City Schools to reallocate bond proceed funds and appropriate $95,585 from discretionary funds. BACKGROUND: The Chapel Hill- Carrboro City Schools received a total of $13,000,000 from bond proceeds which were appropriated for the Seawell, Carrboro, Phillips, CHHS, and Culbreth projects. The System is requesting that a portion of the $13,000,000 be reallocated between these bond funded projects. This request is being made now due to better project costs estimates which the System did not have at the time the CIP request was submitted. The scope of each of the projects has not changed. The School system is also requesting that $95,585 be appropriated from discretionary funds. Discretionary funds are appropriated by the Board of Commissioners to each of the School systems each year as a contingency to pay for emergencies which could.occur during the fiscal year. The Chapel Hill - Carrboro City Schools have a balance of $465,640 in discretionary pay -as- you -go capital funds during 1990 -91. A summary of this request is attached. This request is being made due to unanticipated costs for clean dirt fill to replace unstable soil which was removed from the Carrboro, Frank Porter Graham and Chapel Hill High School sites and for waterline improvements associated with these projects. RECOMMENDATION(S): Approve the attached capital project ordinances.