Agenda - 12-13-2005-9d - Laserfiche WebLink

Browse Search

3) for the school board to undertake the contemplated projects as the County's agent, including entering into design and construction contracts; 4) for the County to administer the payment of funds to contractors; and 5) for the re-conveyance of property back to the school board once the project is complete. The attached agreement is a draft version between the County and the Orange County Board of Education. The proposal contemplates a substantially identical agreement between the County and the Chapel Hill -Carrboro Board of Education. Staff recommend that the Board discuss the draft agreement, provide direction to the County Attorney and Bond Counsel regarding any desired changes, and approve separate agreements with the Orange County Board of Education and Chapel Hill-Carrboro Board of Education, in substantially the form of the attached agreement (as may be modified by the BOCC at this meeting). County staff and attorneys would then coordinate with school staff and attorneys so that the resulting agreements could be addressed by the two school boards at their respective meetings in January 2006. FINANCIAL IMPACT: This effort could save hundreds of thousands of dollars per year from school capital project sales tax reimbursements that would otherwise be retained by the State. For example, the Orange County Schools have budgeted $300,000 in sales tax refunds to help fund the Gravelly Hill Middle School #3 project. Likewise, the Chapel Hill-Carrboro City Schools are relying on $450,000 in budgeted sales tax reimbursements to help fund the High School #3 project, RECOMMENDATION(S): The Manager recommends that the Board review, discuss, and approve interlocal agreements with both school systems in substantially the attached form (as may be modified by the BOCC), subject to final review by County staff, County Attorney, and band counsel; and authorize the Chair to sign them.