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3 <br /> <br />Travis Myren said Todd LoFrese, CHCCS Assistant Superintendent, can better address <br />this at the joint meeting of the BOCC and the School Boards on April 24th, but a lot of that <br />decision will be driven by whether it is indeed $2.7 million, or if it is actually more/less. <br /> Travis Myren resumed the presentation: <br /> <br />FY2018-23 Recommended CIP Education Capital Projects (bar chart) <br /> <br />Project Schedule – Critical Path Approvals (chart) <br /> <br />Commissioner Price asked if any problems are expected in securing the Special Use <br />Permit (SUP). <br />Chair Dorosin said he sent out notes to the BOCC from the joint school staff meeting, <br />but the Towns are not involved in these meetings. He said there were some concerns <br />expressed from the public about the stream crossings, and staff has offered up mitigation <br />solutions. He said if the permit does not get approved by April 23rd then the project (CHCCS <br />High) will be significantly delayed. <br />Commissioner McKee asked if the stream crossings are on the feeder streams of Bolin <br />Creek, or another area. <br />Jeff Thompson, Asset Management Services Director, said it is the feeder streams and <br />some wetland impact areas areas, which were resolved recently. He said there is still some <br />question about how the feeder stream will be crossed, and the engineering of that, but this has <br />been somewhat solved with the group. <br />Commissioner McKee said there is some continuing work to be done to solve some of <br />these issues, and hopefully it should be resolved by this summer. <br />Jeff Thompson said there were some concerns about traffic queuing, and this is being <br />work ed through. <br />Travis Myren resumed the presentation: <br /> <br />Long Term Debt Service Model (bar chart) <br /> <br />Chair Dorosin asked if there is a reason that the existing revenues are flat (red line on <br />chart). <br />Travis Myren said these are the existing revenues that are required to support the <br />existing debt. He said as time goes on, this is independent of the tax rate. He said the green <br />line includes that natural growth of the tax base, which will occur. <br />Commissioner Burroughs referred to the two-year span, where the blue line goes over <br />green line, and what would happen if there was no natural growth. <br />Travis Myren said in 2021, more than is needed will be collected to meet the blue line, <br />and those funds will be saved, put in the bank and applied to where the blue line exceeds the <br />green line. He said this will take excess generated at 2.54, and apply it at 0.02, so that the <br />increase at that time will not have to be as high as it otherwise would be. <br /> Travis Myren resumed the presentation: <br /> <br />FY2018-23 Recommended Capital Investment Plan - chart <br />• Total Recommended Capital Budget Expenditures <br />• Durham Tech Orange County Campus <br /> <br />Travis Myren said the Durham Tech campus expansion will come into play in years 4 <br />and 5, and borrow about $8 million; with the balance of the project occurring in years 6-10, at <br />$15.4 million.