Orange County NC Website
Browse       Search
10 <br /> 1 Chair Rich asked if all of the funds are being borrowed at one time. <br /> 2 Travis Myren said no, they would borrow what is required for year one in year one, etc. <br /> 3 He said all the money will not be borrowed up front, as there would be interest payments <br /> 4 incurred, and the work cannot all be completed in one year, but will take time. <br /> 5 Commissioner McKee said this was originally spread out over three years, and asked, if <br /> 6 the County will have an austerity budget, would it make sense to spread the austerity across all <br /> 7 segments of the financing. <br /> 8 Commissioner Dorosin asked if there was an unexpected HVAC crisis to warrant the <br /> 9 money in the first year. <br /> 10 Travis Myren said he is not aware of any crisis. <br /> 11 Commissioner Dorosin asked if there is a reason that CHCCS is front-loading costs, and <br /> 12 not spreading them out. He said if these projects were expected in their CIP why move them up. <br /> 13 He said now is the wrong time to spend more money. <br /> 14 Travis Myren said in absence of this program, these projects would remain on CHCCS' <br /> 15 unfunded list. <br /> 16 Commissioner Dorosin asked if these projects would be funded eventually, regardless. <br /> 17 Travis Myren that is possible. <br /> 18 Commissioner Marcoplos referred to page 107 in the CIP, and said there is $255,000 <br /> 19 listed under capital and building improvements, to include water infiltration at Phillips and <br /> 20 Ephesus, playground improvements, and mobile classroom repairs. <br /> 21 Commissioner Marcoplos said the issues at Phillips Middle School baffle him. He said <br /> 22 this school was the poster child for neglect, and money was allocated last year, but the problem is <br /> 23 still there. He would like to know more about what happened there. <br /> 24 Commissioner Marcoplos said the BOCC got an email today from a Chapel Hill resident, <br /> 25 expressing concerns that he has heard from others about needing clarity on the financial issues <br /> 26 that are swirling around CHCCS. He said the BOCC needs to be able to justify the monies being <br /> 27 given to CHCCS, and over the next few weeks, the BOCC needs to come to grips with questions <br /> 28 that have been asked and get accountability on these issues. <br /> 29 Bonnie Hammersley said this was a pre-Covid program, and it is up to the BOCC as to <br /> 30 whether it wants to start this program now or later. She said no capital monies will be spent in <br /> 31 the first quarter of 20-21, so staff can monitor the pandemic. She said the needs still exist, of <br /> 32 course, but it may not be the right time to borrow, and it will depend on the economy. <br /> 33 Bonnie Hammersley said staff presented this program to the schools and asked them what <br /> 34 they would be spending over the next three years. She said the schools have been working on <br /> 35 this for some time, and staff did not get most of the information until today. <br /> 36 Commissioner Price referred to page 108, and said there is $1.3 million for supplemental <br /> 37 deferred maintenance. She asked if this was the same program. <br /> 38 Travis Myren said it is the same program, and has been included in the recommended <br /> 39 CIP. He said the only change is CHCCS shifting funds from year 3 to year 1, in order to fund <br /> 40 these HVAC projects. He resumed the PowerPoint presentation: <br /> 41 <br /> 42 FY2020-25 Recommended Capital Investment Plan <br /> 43 <br />