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64 <br /> Project Estimated Cost <br /> Total $ <br /> THE MORTGAGED PROPERTY <br /> The 2020 Bonds, the Prior Bonds and any Additional Bonds will be secured by the Mortgaged <br /> Property. The Mortgaged Property includes the County's Government Services Annex, the Emergency <br /> Operations Center, the Link Center, the District Attorney's Building, the County's Southern Campus (all <br /> as described below), and the associated real estate, and the planned site for the County's proposed new <br /> Northern Campus(as further described below). The"Mortgaged Property"is defined in the Modified Deed <br /> of Trust to include these facilities and real estate,and any additional improvements to the facilities and real <br /> estate,but generally does not include any equipment or furnishings associated with the property. <br /> Government Services Annex. The Government Services Annex is a one-story building consisting <br /> of approximately 12,000 square feet on an approximately 9.32-acre site located at 208 South Cameron <br /> Street in Hillsborough, North Carolina. The Government Services Annex currently houses the County's <br /> Board of Elections and related functions. The County has owned this property since it was built in 1968. <br /> The County estimates the insured value of this building (not including the equipment associated with the <br /> building,which is generally not part of the Mortgaged Property)to be approximately$1.6 million. <br /> Meadowlands Emergency Operations Center. The Emergency Operations Center is a two-story <br /> building consisting of approximately 22,000 square feet on an approximately three-acre site located in the <br /> Meadowlands Office Park in Hillsborough,North Carolina. This facility serves as the headquarters for the <br /> County's Emergency Management Services, including Public Safety Answering Point and all other E-911 <br /> operations. The County used a portion of the proceeds of the 2019A Bonds to finance certain repairs to the <br /> Emergency Operations Center necessary to address water intrusion. The County has owned this property <br /> since 2005.The County estimates the insured value of this building(not including the equipment associated <br /> with the building,which is generally not part of the Mortgaged Property) at approximately$4.6 million. <br /> Link Center. The Link Center is located at 200 South Cameron Street in Hillsborough, North <br /> Carolina. The County used a portion of the proceeds of the 2019A Bonds, and intends to use a portion of <br /> the proceeds of the 2020 Bonds, to finance improvements to the Link Center. The County estimates the <br /> value of this building(not including equipment,which is generally not part of the Mortgaged Property) at <br /> approximately$3.7 million. <br /> 10 <br />