Orange County NC Website
placement financing, the County's share of the debt service retirement is expected to be in the <br />range of $8,000 - $12,000 for a seven to twelve year period. The first annual payment would be <br />due to the Town of Hillsborough in FY 2001-02. These funds are included in the County's <br />approved CIP. The County's share of the' annual operating costs would be included in the <br />upcoming 2001-02 fiscal year operating budget. <br />RECOMMENDATION(S): The Manager recommends that the Board approve the Interlacal <br />Agreement with the Town of Hillsborough for the Fairview Community Policing Center in <br />substantially the attached form; authorize the Chair to sign the Agreement, subject to final <br />review by staff and the County Attorney; and authorize staff to execute all other documents <br />necessary to carry out the project. <br />