Orange County NC Website
Browse       Search
ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: April 21, 2015 <br />Action Agenda <br />Item No. 7 -d <br />SUBJECT: Additional Discussion on Funding School and County Capital Needs with a <br />Potential November 2016 Bond Referendum <br />DEPARTMENT: County Manager <br />ATTACHMENT(S): <br />1) Decision Points <br />2) February 17, 2015 Agenda Abstract and <br />Attachments <br />PUBLIC HEARING: (Y /N) No <br />INFORMATION CONTACT: <br />Bonnie Hammersley, 245 -2300 <br />Greg Wilder, 245 -2300 <br />PURPOSE: To further discuss potentially addressing County and School capital needs with a <br />November 2016 Bond Referendum and provide direction to staff on next steps. <br />BACKGROUND: In several meetings during the past year, the Board of Commissioners has <br />discussed the possible scheduling of a bond referendum to address County and School capital <br />needs. At the Board's January 30, 2015 Retreat, the Board directed staff to develop materials <br />for Board consideration regarding the Board formally expressing its intent to schedule a <br />November 2016 Bond Referendum, including a total bond amount of approximately $125 <br />million. The Board also directed staff to move forward with development of a process for a <br />November 2016 Bond Referendum similar to the process utilized during the County's 2001 <br />:s 0 =-I <br />At the Board's February 17, 2015 regular meeting, staff shared information from the 2001 Bond <br />Referendum. One of the first actions taken by the Board of Commissioners for the 2001 Bond <br />Referendum occurred in late 2000 /early 2001 with the establishment and appointment of <br />members to a Capital Needs Advisory Task Force. The purpose of the Task Force was to <br />review County and School capital needs and provide advice to the Board concerning the <br />elements of a proposed November 2001 Orange County bond referendum. <br />In preparation for a November 2016 Bond Referendum, staff proposed that the Board consider <br />approving the creation of a 2015 Capital Needs Advisory Task Force. Items recommended to <br />the County for inclusion in a 2016 Bond Referendum would be referred to the Task Force for <br />review and prioritization along with other proposed recommendations. <br />Staff drafted 1) a possible plan for the size and membership of the 2015 Capital Needs Advisory <br />Task Force, and 2) a proposed charge to the proposed Task Force. <br />