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Agenda - 03-10-20; 5-b - Public Hearing on the Financing of Various Capital Investment Plan Projects
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Agenda - 03-10-20; 5-b - Public Hearing on the Financing of Various Capital Investment Plan Projects
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3/10/2020
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Business
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Agenda
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5-b
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Agenda - 03-10-20 Business Meeting
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3 <br /> Attachment 1 <br /> Notice of Public Hearing - Orange County, North Carolina <br /> Financing for Various Public Improvements and Acquisitions <br /> The Board of Commissioners of Orange County, North Carolina, will hold a <br /> public hearing on Tuesday, March 10, 2020, at 7:00 p.m. (or as soon thereafter as <br /> the matter may be heard). The purpose of the hearing is to take public comment <br /> concerning a proposed financing contract, under which the County would borrow an <br /> amount expected to not exceed $45,500,000 to pay for the various public <br /> improvements and acquisitions as described below. <br /> Component Estimated Cost <br /> Facility, Accessibility, Safety and Security Projects $ 212,634 <br /> Generator Projects $ 33,000 <br /> HVAC Projects $ 230,218 <br /> Major Plumbing Repairs $ 50,885 <br /> Northern Campus (Detention, EAC, Parks Ops Base) $ 29,071,556 <br /> Government Services (Link) Remediation $ 581,503 <br /> Skill Development Relocation - Europa Center Upfits $ 254,953 <br /> Roofing and Facade Projects $ 686,167 <br /> Parks and Recreation Facility Renovations. Repairs, Safety <br /> Improvements $ 246,500 <br /> Conservation Easements $ 259,514 <br /> River Park, Phase II $ 118,509 <br /> ITGC Initiatives $ 197,826 <br /> IT Infrastructure $ 489,910 <br /> Communication Systems $ 273,221 <br /> Solid Waste - Equipment and Vehicles $ 717,228 <br /> Solid Waste - Administrative Building Remediation $ 281,324 <br /> Sportsplex Capital Items- 2 Vans $ 70,090 <br /> Schools - Recurring Capital Needs $ 3,000,000 <br /> Schools - Improvements to Older Facilities $ 1,607,300 <br /> Schools—Other Various Projects $ 4,012,132 <br /> Total Project Costs $ 42,394,470 <br />
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