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